2022
Exports
$32.6MWorld Rnk 50 / 110
Flag Rnk 27 / 848
2022
PRODUCT COMPLEXITY IN Copper Ore
-1.94Rnk 995 / 1025
2022
Imports
$3.3kWorld Rnk 84 / 117
Flag Rnk 1098 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $32.6M in Copper Ore, making it the 50th largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 27th most exported product in Azerbaijan. The main destination of Copper Ore exports from Azerbaijan are: Uzbekistan ($18.8M), Switzerland ($6.42M), Georgia ($5.86M), Turkey ($1.52M), and Ireland ($540).

The fastest growing export markets for Copper Ore of Azerbaijan between 2021 and 2022 were Uzbekistan ($10.3M), Turkey ($456k), and Ireland ($260).

Imports In 2022, Azerbaijan imported $3.3k in Copper Ore, becoming the 84th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1098th most imported product in Azerbaijan. Azerbaijan imports Copper Ore primarily from: Finland ($2.78k), Georgia ($495), and Uzbekistan ($20).

The fastest growing import markets in Copper Ore for Azerbaijan between 2021 and 2022 were Finland ($2.78k) and Uzbekistan ($16).

Historical Data

Trade Balance

Color
EXPORTS (2022)$32.6M
IMPORTS (2022)$3.3k
NET TRADE (2022)$32.6M

In 2022, Azerbaijan exported $32.6M in Copper Ore. The main destinations of Azerbaijan exports on Copper Ore were Uzbekistan ($18.8M), Switzerland ($6.42M), Georgia ($5.86M), Turkey ($1.52M), and Ireland ($540).

In 2022, Azerbaijan imported $3.3k in Copper Ore, mainly from Finland ($2.78k), Georgia ($495), and Uzbekistan ($20).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Uzbekistan$10.3M (121%)
Turkey$456k (42.8%)
Ireland$260 (92.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Azerbaijan WERE (2021 - 2022):
Switzerland-$8.93M (-58.2%)
Georgia-$5.86M (-50%)
Netherlands-$81 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Copper Ore were:
Chile $22.8B
Peru $13.5B
In 2022, Azerbaijan's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B

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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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