2023
Exports
$923World Rnk 94 / 111
Flag Rnk 723 / 841
2023
PRODUCT COMPLEXITY IN Carbon
0.3Rnk 457 / 1025
2023
Imports
$5.17MWorld Rnk 61 / 173
Flag Rnk 409 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $923 in Carbon, making it the 94th largest exporter of Carbon in the world. At the same year, Carbon was the 723rd most exported product in Azerbaijan. The main destination of Carbon exports from Azerbaijan are: Russia ($923).

The fastest growing export markets for Carbon of Azerbaijan between 2022 and 2023 were Russia ($923).

Imports In 2023, Azerbaijan imported $5.17M in Carbon, becoming the 61st largest importer of Carbon in the world. At the same year, Carbon was the 409th most imported product in Azerbaijan. Azerbaijan imports Carbon primarily from: Germany ($4.1M), Turkey ($285k), Netherlands ($281k), Russia ($241k), and Iran ($104k).

The fastest growing import markets in Carbon for Azerbaijan between 2022 and 2023 were Germany ($4.02M), Netherlands ($281k), and Turkey ($234k).

Latest Trends

Dec 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 Carbon. 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)$923
IMPORTS (2023)$5.17M
NET TRADE (2023)-$5.17M

In 2023, Azerbaijan exported $923 in Carbon. The main destinations of Azerbaijan exports on Carbon were Russia ($923).

In 2023, Azerbaijan imported $5.17M in Carbon, mainly from Germany ($4.1M), Turkey ($285k), Netherlands ($281k), Russia ($241k), and Iran ($104k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Carbon EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):Russia$923 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carbon BY Azerbaijan WERE (2022 - 2023):Turkey-$40.5k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Carbon were:
China $1.15B
In 2023, Azerbaijan's main importing competitors in Carbon were:

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Trade Value of Carbon by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $47.8k
TOP IMPORT POTENTIALRussia+ $121k

Carbon’s highest export potential is Turkey. With an export gap of $47.8k.   Carbon’s highest import potential is Russia with an import gap of $121k.

See methodology.

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