2022
Exports
$2.26MWorld Rnk 86 / 175
Flag Rnk 108 / 848
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$24.3MWorld Rnk 86 / 218
Flag Rnk 145 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $2.26M in Aluminium Bars, making it the 86th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 108th most exported product in Azerbaijan. The main destination of Aluminium Bars exports from Azerbaijan are: Uzbekistan ($816k), Kazakhstan ($595k), Ukraine ($468k), Turkey ($234k), and Austria ($71.6k).

The fastest growing export markets for Aluminium Bars of Azerbaijan between 2021 and 2022 were Ukraine ($432k), Uzbekistan ($397k), and Kazakhstan ($382k).

Imports In 2022, Azerbaijan imported $24.3M in Aluminium Bars, becoming the 86th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 145th most imported product in Azerbaijan. Azerbaijan imports Aluminium Bars primarily from: Turkey ($20.3M), China ($1.8M), Russia ($468k), France ($363k), and United Arab Emirates ($295k).

The fastest growing import markets in Aluminium Bars for Azerbaijan between 2021 and 2022 were Turkey ($3.19M), Uzbekistan ($231k), and Germany ($148k).

Latest Trends

Oct 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 Aluminium Bars. 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)$2.26M
IMPORTS (2022)$24.3M
NET TRADE (2022)-$22M

In 2022, Azerbaijan exported $2.26M in Aluminium Bars. The main destinations of Azerbaijan exports on Aluminium Bars were Uzbekistan ($816k), Kazakhstan ($595k), Ukraine ($468k), Turkey ($234k), and Austria ($71.6k).

In 2022, Azerbaijan imported $24.3M in Aluminium Bars, mainly from Turkey ($20.3M), China ($1.8M), Russia ($468k), France ($363k), and United Arab Emirates ($295k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Ukraine$432k (1.23k%)
Uzbekistan$397k (94.7%)
Kazakhstan$382k (179%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Azerbaijan WERE (2021 - 2022):
Sweden-$63.4k (-100%)
Russia-$62.8k (-76.4%)
Tajikistan-$669 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Aluminium Bars were:
China $3.88B
In 2022, Azerbaijan's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $235k
TOP IMPORT POTENTIALChina+ $2.27M

Aluminium Bars’s highest export potential is Turkey. With an export gap of $235k.   Aluminium Bars’s highest import potential is China with an import gap of $2.27M.

See methodology.

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