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Pricing

2022
Exports $57.1kWorld Rnk 82 / 135
Flag Rnk 430 / 848
2022
Destination $57.1k Turkey
2021 - 2022
FASTEST GROWING MARKET $57.1kTurkey
2022
PRODUCT COMPLEXITY IN Asphalt-0.09Rnk 576 / 1025
2022
Imports $4.27MWorld Rnk 77 / 213
Flag Rnk 399 / 1162
2022
Origin $8.95k Russia
2021 - 2022
FASTEST GROWING ORIGIN $8.95kIran
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $57.1k in Asphalt, making it the 82nd largest exporter of Asphalt in the world. At the same year, Asphalt was the 430th most exported product in Azerbaijan. The main destination of Asphalt exports from Azerbaijan are: Turkey ($57.1k) and United Kingdom ($9).

The fastest growing export markets for Asphalt of Azerbaijan between 2021 and 2022 were Turkey ($57.1k) and United Kingdom ($9).

Imports In 2022, Azerbaijan imported $4.27M in Asphalt, becoming the 77th largest importer of Asphalt in the world. At the same year, Asphalt was the 399th most imported product in Azerbaijan. Azerbaijan imports Asphalt primarily from: Russia ($3.74M), Turkey ($363k), Iran ($71.1k), China ($70.3k), and Poland ($7.42k).

The fastest growing import markets in Asphalt for Azerbaijan between 2021 and 2022 were Iran ($8.95k), Germany ($7.15k), and Poland ($5.2k).

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 Asphalt. 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)$57.1k
IMPORTS (2022)$4.27M
NET TRADE (2022)-$4.21M

In 2022, Azerbaijan exported $57.1k in Asphalt. The main destinations of Azerbaijan exports on Asphalt were Turkey ($57.1k) and United Kingdom ($9).

In 2022, Azerbaijan imported $4.27M in Asphalt, mainly from Russia ($3.74M), Turkey ($363k), Iran ($71.1k), China ($70.3k), and Poland ($7.42k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$57.1k (1%)
United Kingdom$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Azerbaijan WERE (2021 - 2022):Georgia-$177 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Asphalt were:
United States $405M
Canada $373M
Italy $301M
In 2022, Azerbaijan's main importing competitors in Asphalt were:
United States $422M
Canada $343M
Netherlands $125M

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $24.7k
TOP IMPORT POTENTIALTurkey+ $157k

Asphalt’s highest export potential is Turkey. With an export gap of $24.7k.   Asphalt’s highest import potential is Turkey with an import gap of $157k.

See methodology.

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