2022
Exports
$1.89MWorld Rnk 85 / 216
Flag Rnk 121 / 848
2022
PRODUCT COMPLEXITY IN Electric Motors
0.76Rnk 259 / 1025
2022
Imports
$16.9MWorld Rnk 104 / 226
Flag Rnk 187 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.89M in Electric Motors, making it the 85th largest exporter of Electric Motors in the world. At the same year, Electric Motors was the 121st most exported product in Azerbaijan. The main destination of Electric Motors exports from Azerbaijan are: Kazakhstan ($739k), France ($630k), Ukraine ($125k), United Kingdom ($91.5k), and Turkey ($89.4k).

The fastest growing export markets for Electric Motors of Azerbaijan between 2021 and 2022 were Kazakhstan ($730k), France ($630k), and Ukraine ($124k).

Imports In 2022, Azerbaijan imported $16.9M in Electric Motors, becoming the 104th largest importer of Electric Motors in the world. At the same year, Electric Motors was the 187th most imported product in Azerbaijan. Azerbaijan imports Electric Motors primarily from: Turkey ($2.9M), China ($2.28M), Italy ($2.21M), Germany ($1.16M), and United States ($1.04M).

The fastest growing import markets in Electric Motors for Azerbaijan between 2021 and 2022 were China ($801k), Italy ($721k), and Turkey ($689k).

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 Electric Motors. 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)$1.89M
IMPORTS (2022)$16.9M
NET TRADE (2022)-$15M

In 2022, Azerbaijan exported $1.89M in Electric Motors. The main destinations of Azerbaijan exports on Electric Motors were Kazakhstan ($739k), France ($630k), Ukraine ($125k), United Kingdom ($91.5k), and Turkey ($89.4k).

In 2022, Azerbaijan imported $16.9M in Electric Motors, mainly from Turkey ($2.9M), China ($2.28M), Italy ($2.21M), Germany ($1.16M), and United States ($1.04M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Motors EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kazakhstan$730k (8.57k%)
France$630k (1%)
Ukraine$124k (15.5k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Motors BY Azerbaijan WERE (2021 - 2022):
United States-$54.8k (-91%)
Russia-$21.3k (-52.3%)
Turkmenistan-$20.7k (-97.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Electric Motors were:
China $18.4B
Germany $8.51B
Mexico $4.62B
In 2022, Azerbaijan's main importing competitors in Electric Motors were:

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Trade Value of Electric Motors by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $436k
TOP IMPORT POTENTIALChina+ $3.11M

Electric Motors’s highest export potential is France. With an export gap of $436k.   Electric Motors’s highest import potential is China with an import gap of $3.11M.

See methodology.

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