2022
Exports
$742kWorld Rnk 95 / 182
Flag Rnk 195 / 848
2022
PRODUCT COMPLEXITY IN Aqueous Paints
-0.067Rnk 571 / 1025
2022
Imports
$5.94MWorld Rnk 111 / 223
Flag Rnk 345 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $742k in Aqueous Paints, making it the 95th largest exporter of Aqueous Paints in the world. At the same year, Aqueous Paints was the 195th most exported product in Azerbaijan. The main destination of Aqueous Paints exports from Azerbaijan are: Georgia ($487k), Iraq ($139k), Uzbekistan ($50.3k), Russia ($49.9k), and Germany ($6.73k).

The fastest growing export markets for Aqueous Paints of Azerbaijan between 2021 and 2022 were Georgia ($172k), Russia ($44.5k), and Uzbekistan ($36.7k).

Imports In 2022, Azerbaijan imported $5.94M in Aqueous Paints, becoming the 111th largest importer of Aqueous Paints in the world. At the same year, Aqueous Paints was the 345th most imported product in Azerbaijan. Azerbaijan imports Aqueous Paints primarily from: Turkey ($3.06M), Finland ($560k), Russia ($384k), Italy ($331k), and United Kingdom ($303k).

The fastest growing import markets in Aqueous Paints for Azerbaijan between 2021 and 2022 were United Kingdom ($273k), Italy ($190k), and Finland ($113k).

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 Aqueous Paints. 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)$742k
IMPORTS (2022)$5.94M
NET TRADE (2022)-$5.19M

In 2022, Azerbaijan exported $742k in Aqueous Paints. The main destinations of Azerbaijan exports on Aqueous Paints were Georgia ($487k), Iraq ($139k), Uzbekistan ($50.3k), Russia ($49.9k), and Germany ($6.73k).

In 2022, Azerbaijan imported $5.94M in Aqueous Paints, mainly from Turkey ($3.06M), Finland ($560k), Russia ($384k), Italy ($331k), and United Kingdom ($303k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aqueous Paints EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$172k (54.7%)
Russia$44.5k (830%)
Uzbekistan$36.7k (271%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aqueous Paints BY Azerbaijan WERE (2021 - 2022):
Iraq-$130k (-48.3%)
Azerbaijan-$27.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Aqueous Paints were:
In 2022, Azerbaijan's main importing competitors in Aqueous Paints were:

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Trade Value of Aqueous Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $86.6k
TOP IMPORT POTENTIALGermany+ $325k

Aqueous Paints’s highest export potential is Russia. With an export gap of $86.6k.   Aqueous Paints’s highest import potential is Germany with an import gap of $325k.

See methodology.

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