2023
Exports
$1.9MWorld Rnk 52 / 115
Flag Rnk 139 / 841
2023
PRODUCT COMPLEXITY IN Aluminium Wire
-0.61Rnk 737 / 1025
2023
Imports
$11.8MWorld Rnk 65 / 193
Flag Rnk 262 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $1.9M in Aluminium Wire, making it the 52nd largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 139th most exported product in Azerbaijan. The main destination of Aluminium Wire exports from Azerbaijan are: Ukraine ($1.76M) and Turkey ($144k).

The fastest growing export markets for Aluminium Wire of Azerbaijan between 2022 and 2023 were Turkey ($8.44k).

Imports In 2023, Azerbaijan imported $11.8M in Aluminium Wire, becoming the 65th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 262nd most imported product in Azerbaijan. Azerbaijan imports Aluminium Wire primarily from: Russia ($10.5M), Iran ($643k), Turkey ($369k), United Arab Emirates ($116k), and China ($109k).

The fastest growing import markets in Aluminium Wire for Azerbaijan between 2022 and 2023 were Russia ($4.25M), Turkey ($92.7k), and Kazakhstan ($51.6k).

Latest Trends

Jan 2025

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 Wire. 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 (2023)$1.9M
IMPORTS (2023)$11.8M
NET TRADE (2023)-$9.92M

In 2023, Azerbaijan exported $1.9M in Aluminium Wire. The main destinations of Azerbaijan exports on Aluminium Wire were Ukraine ($1.76M) and Turkey ($144k).

In 2023, Azerbaijan imported $11.8M in Aluminium Wire, mainly from Russia ($10.5M), Iran ($643k), Turkey ($369k), United Arab Emirates ($116k), and China ($109k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):Turkey$8.44k (6.23%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Azerbaijan WERE (2022 - 2023):
Ukraine-$1.49M (-45.8%)
Belarus-$4.92k (-100%)
Georgia-$4.62k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Aluminium Wire were:
In 2023, Azerbaijan's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $259k
TOP IMPORT POTENTIALIndia+ $593k

Aluminium Wire’s highest export potential is Turkey. With an export gap of $259k.   Aluminium Wire’s highest import potential is India with an import gap of $593k.

See methodology.

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