2022
Exports
$36MWorld Rnk 63 / 170
Flag Rnk 24 / 848
2022
PRODUCT COMPLEXITY IN Cement
-1.46Rnk 943 / 1025
2022
Imports
$4.98MWorld Rnk 152 / 224
Flag Rnk 377 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $36M in Cement, making it the 63rd largest exporter of Cement in the world. At the same year, Cement was the 24th most exported product in Azerbaijan. The main destination of Cement exports from Azerbaijan are: Georgia ($36M), Turkmenistan ($26.9k), Turkey ($1.26k), United Arab Emirates ($157), and Germany ($57).

The fastest growing export markets for Cement of Azerbaijan between 2021 and 2022 were Georgia ($10.9M), Turkmenistan ($26.9k), and United Arab Emirates ($157).

Imports In 2022, Azerbaijan imported $4.98M in Cement, becoming the 152nd largest importer of Cement in the world. At the same year, Cement was the 377th most imported product in Azerbaijan. Azerbaijan imports Cement primarily from: Russia ($2.6M), Uzbekistan ($772k), Iran ($730k), Turkey ($499k), and Germany ($261k).

The fastest growing import markets in Cement for Azerbaijan between 2021 and 2022 were Russia ($946k), Uzbekistan ($772k), and Iran ($248k).

Latest Trends

Sep 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 Cement. 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)$36M
IMPORTS (2022)$4.98M
NET TRADE (2022)$31M

In 2022, Azerbaijan exported $36M in Cement. The main destinations of Azerbaijan exports on Cement were Georgia ($36M), Turkmenistan ($26.9k), Turkey ($1.26k), United Arab Emirates ($157), and Germany ($57).

In 2022, Azerbaijan imported $4.98M in Cement, mainly from Russia ($2.6M), Uzbekistan ($772k), Iran ($730k), Turkey ($499k), and Germany ($261k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$10.9M (43.5%)
Turkmenistan$26.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Azerbaijan WERE (2021 - 2022):
United States-$2.97k (-100%)
Turkey-$773 (-38.1%)
Azerbaijan-$754 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Cement by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $13.1k
TOP IMPORT POTENTIALIran+ $696k

Cement’s highest export potential is Turkey. With an export gap of $13.1k.   Cement’s highest import potential is Iran with an import gap of $696k.

See methodology.

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