2022
Exports
$39MWorld Rnk 66 / 210
Flag Rnk 22 / 848
2022
PRODUCT COMPLEXITY IN Cars
0.9Rnk 207 / 1025
2022
Imports
$1.16BWorld Rnk 69 / 224
Flag Rnk 1 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $39M in Cars, making it the 66th largest exporter of Cars in the world. At the same year, Cars was the 22nd most exported product in Azerbaijan. The main destination of Cars exports from Azerbaijan are: Kazakhstan ($29.3M), Georgia ($3.01M), Russia ($2.91M), United Arab Emirates ($1.12M), and Hong Kong ($744k).

The fastest growing export markets for Cars of Azerbaijan between 2021 and 2022 were Kazakhstan ($29.3M), Russia ($2.74M), and Georgia ($1.82M).

Imports In 2022, Azerbaijan imported $1.16B in Cars, becoming the 69th largest importer of Cars in the world. At the same year, Cars was the 1st most imported product in Azerbaijan. Azerbaijan imports Cars primarily from: Georgia ($309M), United Kingdom ($238M), South Korea ($111M), Japan ($106M), and Germany ($102M).

The fastest growing import markets in Cars for Azerbaijan between 2021 and 2022 were United Kingdom ($188M), Georgia ($60.1M), and Germany ($51.1M).

Latest Trends

Oct 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 Cars. 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)$39M
IMPORTS (2022)$1.16B
NET TRADE (2022)-$1.12B

In 2022, Azerbaijan exported $39M in Cars. The main destinations of Azerbaijan exports on Cars were Kazakhstan ($29.3M), Georgia ($3.01M), Russia ($2.91M), United Arab Emirates ($1.12M), and Hong Kong ($744k).

In 2022, Azerbaijan imported $1.16B in Cars, mainly from Georgia ($309M), United Kingdom ($238M), South Korea ($111M), Japan ($106M), and Germany ($102M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cars EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kazakhstan$29.3M (1%)
Russia$2.74M (1.59k%)
Georgia$1.82M (153%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cars BY Azerbaijan WERE (2021 - 2022):
Germany-$832k (-78.6%)
Qatar-$476k (-100%)
Switzerland-$66.8k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Cars were:
In 2022, Azerbaijan's main importing competitors in Cars were:

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Trade Value of Cars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $5.05M
TOP IMPORT POTENTIALGermany+ $71.9M

Cars’s highest export potential is Russia. With an export gap of $5.05M.   Cars’s highest import potential is Germany with an import gap of $71.9M.

See methodology.

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