2023
Exports
$22.8kWorld Rnk 109 / 192
Flag Rnk 518 / 841
2023
PRODUCT COMPLEXITY IN Bicycles, delivery tricycles, other cycles
0.12Rnk 515 / 1025
2023
Imports
$4.7MWorld Rnk 90 / 219
Flag Rnk 429 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $22.8k in Bicycles, delivery tricycles, other cycles, making it the 109th largest exporter of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 518th most exported product in Azerbaijan. The main destination of Bicycles, delivery tricycles, other cycles exports from Azerbaijan are: Georgia ($7.82k), United States ($4.42k), United Kingdom ($3.15k), Russia ($1.79k), and Netherlands ($615).

The fastest growing export markets for Bicycles, delivery tricycles, other cycles of Azerbaijan between 2022 and 2023 were United States ($4.1k), Russia ($1.51k), and United Kingdom ($649).

Imports In 2023, Azerbaijan imported $4.7M in Bicycles, delivery tricycles, other cycles, becoming the 90th largest importer of Bicycles, delivery tricycles, other cycles in the world. At the same year, Bicycles, delivery tricycles, other cycles was the 429th most imported product in Azerbaijan. Azerbaijan imports Bicycles, delivery tricycles, other cycles primarily from: China ($4.18M), Russia ($296k), Germany ($68.9k), Belarus ($40.8k), and Cambodia ($39.5k).

The fastest growing import markets in Bicycles, delivery tricycles, other cycles for Azerbaijan between 2022 and 2023 were Cambodia ($22.8k), United Kingdom ($8.12k), and Germany ($1.57k).

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 Bicycles, delivery tricycles, other cycles. 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)$22.8k
IMPORTS (2023)$4.7M
NET TRADE (2023)-$4.68M

In 2023, Azerbaijan exported $22.8k in Bicycles, delivery tricycles, other cycles. The main destinations of Azerbaijan exports on Bicycles, delivery tricycles, other cycles were Georgia ($7.82k), United States ($4.42k), United Kingdom ($3.15k), Russia ($1.79k), and Netherlands ($615).

In 2023, Azerbaijan imported $4.7M in Bicycles, delivery tricycles, other cycles, mainly from China ($4.18M), Russia ($296k), Germany ($68.9k), Belarus ($40.8k), and Cambodia ($39.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bicycles, delivery tricycles, other cycles EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
United States$4.1k (1.27k%)
Russia$1.51k (548%)
United Kingdom$649 (26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bicycles, delivery tricycles, other cycles BY Azerbaijan WERE (2022 - 2023):
Slovenia-$22.6k (-100%)
Angola-$884 (-100%)
Bulgaria-$450 (-75%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Bicycles, delivery tricycles, other cycles were:
In 2023, Azerbaijan's main importing competitors in Bicycles, delivery tricycles, other cycles were:

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Trade Value of Bicycles, delivery tricycles, other cycles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $7.2k
TOP IMPORT POTENTIALChina+ $1.31M

Bicycles, delivery tricycles, other cycles’s highest export potential is United Kingdom. With an export gap of $7.2k.   Bicycles, delivery tricycles, other cycles’s highest import potential is China with an import gap of $1.31M.

See methodology.

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