2023
Exports
$25.2MWorld Rnk 54 / 111
Flag Rnk 33 / 841
falsefalse Uzbekistan
2023
PRODUCT COMPLEXITY IN Copper Ore
-1.95Rnk 994 / 1025
2023
Imports
$930World Rnk 85 / 102
Flag Rnk 1126 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $25.2M in Copper Ore, making it the 54th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 33rd most exported product in Azerbaijan. The main destination of Copper Ore exports from Azerbaijan are: Uzbekistan ($17.8M), Georgia ($3.93M), Switzerland ($2.88M), Turkey ($576k), and Ireland ($135).

Imports In 2023, Azerbaijan imported $930 in Copper Ore, becoming the 85th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1126th most imported product in Azerbaijan. Azerbaijan imports Copper Ore primarily from: Uzbekistan ($596), Georgia ($271), and Turkey ($63).

The fastest growing import markets in Copper Ore for Azerbaijan between 2022 and 2023 were Uzbekistan ($576) and Turkey ($63).

Historical Data

Trade Balance

Color
EXPORTS (2023)$25.2M
IMPORTS (2023)$930
NET TRADE (2023)$25.2M

In 2023, Azerbaijan exported $25.2M in Copper Ore. The main destinations of Azerbaijan exports on Copper Ore were Uzbekistan ($17.8M), Georgia ($3.93M), Switzerland ($2.88M), Turkey ($576k), and Ireland ($135).

In 2023, Azerbaijan imported $930 in Copper Ore, mainly from Uzbekistan ($596), Georgia ($271), and Turkey ($63).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Azerbaijan WERE (2022 - 2023):
Switzerland-$3.54M (-55.2%)
Georgia-$1.93M (-32.9%)
Uzbekistan-$1.89M (-9.59%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Azerbaijan's main exporting competitors in Copper Ore were:
Chile $24.2B
Peru $19.9B
In 2023, Azerbaijan's main importing competitors in Copper Ore were:

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.04M
TOP IMPORT POTENTIALGeorgia+ $2.22k

Copper Ore’s highest export potential is Turkey. With an export gap of $1.04M.   Copper Ore’s highest import potential is Georgia with an import gap of $2.22k.

See methodology.

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