2022
Exports
$132kWorld Rnk 96 / 158
Flag Rnk 362 / 848
2022
PRODUCT COMPLEXITY IN Amino-resins
1.18Rnk 111 / 1025
2022
Imports
$17.8MWorld Rnk 83 / 215
Flag Rnk 178 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $132k in Amino-resins, making it the 96th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 362nd most exported product in Azerbaijan. The main destination of Amino-resins exports from Azerbaijan are: Belarus ($105k), Russia ($26.5k), and France ($223).

The fastest growing export markets for Amino-resins of Azerbaijan between 2021 and 2022 were Belarus ($105k), Russia ($26.5k), and France ($223).

Imports In 2022, Azerbaijan imported $17.8M in Amino-resins, becoming the 83rd largest importer of Amino-resins in the world. At the same year, Amino-resins was the 178th most imported product in Azerbaijan. Azerbaijan imports Amino-resins primarily from: United Arab Emirates ($6.56M), Turkey ($5.94M), Russia ($1.85M), China ($853k), and South Korea ($677k).

The fastest growing import markets in Amino-resins for Azerbaijan between 2021 and 2022 were Turkey ($1.58M), Iran ($426k), and South Korea ($405k).

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 Amino-resins. 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)$132k
IMPORTS (2022)$17.8M
NET TRADE (2022)-$17.6M

In 2022, Azerbaijan exported $132k in Amino-resins. The main destinations of Azerbaijan exports on Amino-resins were Belarus ($105k), Russia ($26.5k), and France ($223).

In 2022, Azerbaijan imported $17.8M in Amino-resins, mainly from United Arab Emirates ($6.56M), Turkey ($5.94M), Russia ($1.85M), China ($853k), and South Korea ($677k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Belarus$105k (1%)
Russia$26.5k (1%)
France$223 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Amino-resins BY Azerbaijan WERE (2021 - 2022):
Iran-$368k (-100%)
Hong Kong-$1.82k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Azerbaijan's main importing competitors in Amino-resins were:

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $53k
N/AN/AN/A

Amino-resins’s highest export potential is Russia. With an export gap of $53k.   Amino-resins’s highest import potential is N/A with an import gap of N/A.

See methodology.

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