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2023
Exports $27.4kWorld Rnk 90 / 125
Flag Rnk 499 / 841
falsefalse Turkmenistan
2023
PRODUCT COMPLEXITY IN Bitumen and asphalt-0.77Rnk 776 / 1025
2023
Imports $521kWorld Rnk 90 / 188
Flag Rnk 789 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $27.4k in Bitumen and asphalt, making it the 90th largest exporter of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 499th most exported product in Azerbaijan. The main destination of Bitumen and asphalt exports from Azerbaijan are: Turkmenistan ($16.2k), Malaysia ($11.2k), and Hungary ($10).

The fastest growing export markets for Bitumen and asphalt of Azerbaijan between N/A and 2023 were Turkmenistan ($16.2k), Malaysia ($11.2k), and Hungary ($10).

Imports In 2023, Azerbaijan imported $521k in Bitumen and asphalt, becoming the 90th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 789th most imported product in Azerbaijan. Azerbaijan imports Bitumen and asphalt primarily from: United States ($521k).

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 Bitumen and 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 (2023)$27.4k
IMPORTS (2023)$521k
NET TRADE (2023)-$493k

In 2023, Azerbaijan exported $27.4k in Bitumen and asphalt. The main destinations of Azerbaijan exports on Bitumen and asphalt were Turkmenistan ($16.2k), Malaysia ($11.2k), and Hungary ($10).

In 2023, Azerbaijan imported $521k in Bitumen and asphalt, mainly from United States ($521k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Bitumen and asphalt EXPORT MARKETS FOR Azerbaijan WERE (N/A - 2023):
Turkmenistan$16.2k (1%)
Malaysia$11.2k (1%)
Hungary$10 (1%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Bitumen and asphalt were:
United States $131M
Iraq $114M
Bahrain $52.7M
In 2023, Azerbaijan's main importing competitors in Bitumen and asphalt were:
United Arab Emirates $140M
France $123M
Uruguay $60.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $472
TOP IMPORT POTENTIALItaly+ $6.9k

Bitumen and asphalt’s highest export potential is France. With an export gap of $472.   Bitumen and asphalt’s highest import potential is Italy with an import gap of $6.9k.

See methodology.

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