2023
Exports
$60.7kWorld Rnk 98 / 185
Flag Rnk 430 / 841
2023
PRODUCT COMPLEXITY IN Cutting Blades
1.39Rnk 64 / 1025
2023
Imports
$3.54MWorld Rnk 80 / 221
Flag Rnk 483 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $60.7k in Cutting Blades, making it the 98th largest exporter of Cutting Blades in the world. At the same year, Cutting Blades was the 430th most exported product in Azerbaijan. The main destination of Cutting Blades exports from Azerbaijan are: Turkey ($47.5k), Russia ($6.73k), Georgia ($3.8k), United Kingdom ($2.23k), and Norway ($504).

The fastest growing export markets for Cutting Blades of Azerbaijan between 2022 and 2023 were Turkey ($40.1k) and United Kingdom ($2.21k).

Imports In 2023, Azerbaijan imported $3.54M in Cutting Blades, becoming the 80th largest importer of Cutting Blades in the world. At the same year, Cutting Blades was the 483rd most imported product in Azerbaijan. Azerbaijan imports Cutting Blades primarily from: China ($1.46M), France ($584k), Turkey ($468k), Germany ($373k), and South Korea ($122k).

The fastest growing import markets in Cutting Blades for Azerbaijan between 2022 and 2023 were China ($564k), France ($549k), and South Korea ($118k).

Latest Trends

Jan 2025

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 Cutting Blades. 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)$60.7k
IMPORTS (2023)$3.54M
NET TRADE (2023)-$3.48M

In 2023, Azerbaijan exported $60.7k in Cutting Blades. The main destinations of Azerbaijan exports on Cutting Blades were Turkey ($47.5k), Russia ($6.73k), Georgia ($3.8k), United Kingdom ($2.23k), and Norway ($504).

In 2023, Azerbaijan imported $3.54M in Cutting Blades, mainly from China ($1.46M), France ($584k), Turkey ($468k), Germany ($373k), and South Korea ($122k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cutting Blades EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Turkey$40.1k (541%)
United Kingdom$2.21k (11.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cutting Blades BY Azerbaijan WERE (2022 - 2023):
Russia-$7.95k (-54.2%)
Belgium-$3.44k (-100%)
Georgia-$1.46k (-27.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Cutting Blades were:
In 2023, Azerbaijan's main importing competitors in Cutting Blades were:

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Trade Value of Cutting Blades by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $16.8k
TOP IMPORT POTENTIALChina+ $308k

Cutting Blades’s highest export potential is Russia. With an export gap of $16.8k.   Cutting Blades’s highest import potential is China with an import gap of $308k.

See methodology.

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