2022
Exports
$45.3kWorld Rnk 114 / 136
Flag Rnk 446 / 848
falsefalse Canada
2022
PRODUCT COMPLEXITY IN Diamonds
-1.32Rnk 916 / 1025
2022
Imports
$321kWorld Rnk 106 / 159
Flag Rnk 830 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $45.3k in Diamonds, making it the 114th largest exporter of Diamonds in the world. At the same year, Diamonds was the 446th most exported product in Azerbaijan. The main destination of Diamonds exports from Azerbaijan are: Canada ($45.3k).

The fastest growing export markets for Diamonds of Azerbaijan between 2021 and 2022 were Canada ($45.3k).

Imports In 2022, Azerbaijan imported $321k in Diamonds, becoming the 106th largest importer of Diamonds in the world. At the same year, Diamonds was the 830th most imported product in Azerbaijan. Azerbaijan imports Diamonds primarily from: United Arab Emirates ($206k) and Turkey ($115k).

Latest Trends

Sep 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 Diamonds. 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)$45.3k
IMPORTS (2022)$321k
NET TRADE (2022)-$276k

In 2022, Azerbaijan exported $45.3k in Diamonds. The main destinations of Azerbaijan exports on Diamonds were Canada ($45.3k).

In 2022, Azerbaijan imported $321k in Diamonds, mainly from United Arab Emirates ($206k) and Turkey ($115k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Diamonds EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Canada$45.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Diamonds BY Azerbaijan WERE (2021 - 2022):Switzerland-$1.22M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Diamonds were:
In 2022, Azerbaijan's main importing competitors in Diamonds were:

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Trade Value of Diamonds by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALCanada+ $15.3k
TOP IMPORT POTENTIALUnited Arab Emirates+ $199k

Diamonds’s highest export potential is Canada. With an export gap of $15.3k.   Diamonds’s highest import potential is United Arab Emirates with an import gap of $199k.

See methodology.

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