2022
Exports
falseWorld Rnk 137 / 221
Flag Rnk 43 / 95
2022
PRODUCT COMPLEXITY IN Wood, wood articles, & charcoal
0.3Rnk 451 / 1025
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $4.48M in Wood, wood articles, & charcoal, making it the 137th largest exporter of Wood, wood articles, & charcoal in the world. At the same year, Wood, wood articles, & charcoal was the 43rd most exported product in Azerbaijan. The main destination of Wood, wood articles, & charcoal exports from Azerbaijan are: Turkey ($1.65M), Georgia ($1.28M), Iran ($931k), United Arab Emirates ($134k), and Italy ($119k).

The fastest growing export markets for Wood, wood articles, & charcoal of Azerbaijan between 2021 and 2022 were Turkey ($1.62M), Georgia ($1.03M), and United Arab Emirates ($133k).

The fastest growing import markets in Wood, wood articles, & charcoal for Azerbaijan between 2021 and 2022 were Belarus ($52.8M), China ($1.98M), and Georgia ($759k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Wood, wood articles, & charcoal. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$4.48M

In 2022, Azerbaijan exported $4.48M in Wood, wood articles, & charcoal. The main destinations of Azerbaijan exports on Wood, wood articles, & charcoal were Turkey ($1.65M), Georgia ($1.28M), Iran ($931k), United Arab Emirates ($134k), and Italy ($119k).

In N/A, Azerbaijan imported N/A in Wood, wood articles, & charcoal, mainly from Russia ($221M), Belarus ($72.2M), Turkey ($31.1M), China ($5.33M), and Iran ($3.91M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood, wood articles, & charcoal EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$1.62M (4.6k%)
Georgia$1.03M (417%)
United Arab Emirates$133k (9.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood, wood articles, & charcoal BY Azerbaijan WERE (2021 - 2022):
Germany-$24.9k (-38.8%)
Hungary-$13.9k (-100%)
Azerbaijan-$12.3k (-93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Wood, wood articles, & charcoal were:
China $18.7B
Germany $12.9B
In 2022, Azerbaijan's main importing competitors in Wood, wood articles, & charcoal were:

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Trade Value of Wood, wood articles, & charcoal by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $354k
TOP IMPORT POTENTIALChina+ $5.26M

Wood, wood articles, & charcoal’s highest export potential is United States. With an export gap of $354k.   Wood, wood articles, & charcoal’s highest import potential is China with an import gap of $5.26M.

See methodology.

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