2023
Exports
$57.2MWorld Rnk 52 / 175
Flag Rnk 24 / 841
2023
PRODUCT COMPLEXITY IN Cement
-1.48Rnk 943 / 1025
2023
Imports
$4.23MWorld Rnk 163 / 224
Flag Rnk 449 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $57.2M in Cement, making it the 52nd 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 ($57.1M), Turkey ($101k), France ($191), Romania ($26), and Kazakhstan ($14).

The fastest growing export markets for Cement of Azerbaijan between 2022 and 2023 were Georgia ($16.8M), Turkey ($99.3k), and France ($191).

Imports In 2023, Azerbaijan imported $4.23M in Cement, becoming the 163rd largest importer of Cement in the world. At the same year, Cement was the 449th most imported product in Azerbaijan. Azerbaijan imports Cement primarily from: Iran ($1.02M), Russia ($996k), Germany ($872k), Greece ($720k), and Turkey ($600k).

The fastest growing import markets in Cement for Azerbaijan between 2022 and 2023 were Greece ($720k), Germany ($528k), and Iran ($192k).

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 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 (2023)$57.2M
IMPORTS (2023)$4.23M
NET TRADE (2023)$53M

In 2023, Azerbaijan exported $57.2M in Cement. The main destinations of Azerbaijan exports on Cement were Georgia ($57.1M), Turkey ($101k), France ($191), Romania ($26), and Kazakhstan ($14).

In 2023, Azerbaijan imported $4.23M in Cement, mainly from Iran ($1.02M), Russia ($996k), Germany ($872k), Greece ($720k), and Turkey ($600k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cement EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Georgia$16.8M (41.8%)
Turkey$99.3k (6.56k%)
France$191 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cement BY Azerbaijan WERE (2022 - 2023):
Turkmenistan-$26.9k (-100%)
Germany-$59 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Cement were:
Turkey $1.65B
Vietnam $1.58B
Egypt $841M
In 2023, 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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