2022
Exports
$516kWorld Rnk 109 / 166
Flag Rnk 229 / 848
falsefalse Georgia
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$10.3MWorld Rnk 129 / 224
Flag Rnk 261 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $516k in Concentrated Milk, making it the 109th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 229th most exported product in Azerbaijan. The main destination of Concentrated Milk exports from Azerbaijan are: Georgia ($516k) and Turkey ($8).

Imports In 2022, Azerbaijan imported $10.3M in Concentrated Milk, becoming the 129th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 261st most imported product in Azerbaijan. Azerbaijan imports Concentrated Milk primarily from: Belarus ($3.36M), Iran ($3.15M), Ukraine ($2.29M), Russia ($727k), and Poland ($386k).

The fastest growing import markets in Concentrated Milk for Azerbaijan between 2021 and 2022 were Belarus ($1.53M), Iran ($478k), and Russia ($380k).

Latest Trends

Nov 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 Concentrated Milk. 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)$516k
IMPORTS (2022)$10.3M
NET TRADE (2022)-$9.81M

In 2022, Azerbaijan exported $516k in Concentrated Milk. The main destinations of Azerbaijan exports on Concentrated Milk were Georgia ($516k) and Turkey ($8).

In 2022, Azerbaijan imported $10.3M in Concentrated Milk, mainly from Belarus ($3.36M), Iran ($3.15M), Ukraine ($2.29M), Russia ($727k), and Poland ($386k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Azerbaijan WERE (2021 - 2022):
Georgia-$418k (-44.8%)
Azerbaijan-$11k (-100%)
United States-$655 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Concentrated Milk were:
In 2022, Azerbaijan's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $2.74k
TOP IMPORT POTENTIALTurkey+ $315k

Concentrated Milk’s highest export potential is China. With an export gap of $2.74k.   Concentrated Milk’s highest import potential is Turkey with an import gap of $315k.

See methodology.

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