2022
Exports
$31.5MWorld Rnk 99 / 217
Flag Rnk 20 / 95
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$91MWorld Rnk 109 / 225
Flag Rnk 37 / 96
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $31.5M in Beverages, spirits, & vinegar, making it the 99th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 20th most exported product in Azerbaijan. The main destination of Beverages, spirits, & vinegar exports from Azerbaijan are: Russia ($17.3M), Kazakhstan ($7.73M), Belarus ($1.29M), Spain ($1.16M), and Ukraine ($805k).

The fastest growing export markets for Beverages, spirits, & vinegar of Azerbaijan between 2021 and 2022 were Russia ($12.2M), Kazakhstan ($6.87M), and Israel ($450k).

Imports In 2022, Azerbaijan imported $91M in Beverages, spirits, & vinegar, becoming the 109th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 37th most imported product in Azerbaijan. Azerbaijan imports Beverages, spirits, & vinegar primarily from: Russia ($21.1M), Georgia ($17.4M), Germany ($7.84M), Turkey ($7.66M), and Austria ($6.49M).

The fastest growing import markets in Beverages, spirits, & vinegar for Azerbaijan between 2021 and 2022 were Germany ($4.4M), Georgia ($3.37M), and Russia ($2.79M).

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 Beverages, spirits, & vinegar. 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)$31.5M
IMPORTS (2022)$91M
NET TRADE (2022)-$59.5M

In 2022, Azerbaijan exported $31.5M in Beverages, spirits, & vinegar. The main destinations of Azerbaijan exports on Beverages, spirits, & vinegar were Russia ($17.3M), Kazakhstan ($7.73M), Belarus ($1.29M), Spain ($1.16M), and Ukraine ($805k).

In 2022, Azerbaijan imported $91M in Beverages, spirits, & vinegar, mainly from Russia ($21.1M), Georgia ($17.4M), Germany ($7.84M), Turkey ($7.66M), and Austria ($6.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$12.2M (240%)
Kazakhstan$6.87M (800%)
Israel$450k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Azerbaijan WERE (2021 - 2022):
Spain-$3.02M (-72.1%)
Belarus-$392k (-23.3%)
Hong Kong-$379k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Azerbaijan's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $3.73M
TOP IMPORT POTENTIALFrance+ $2.99M

Beverages, spirits, & vinegar’s highest export potential is Russia. With an export gap of $3.73M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $2.99M.

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