2023
Exports
$19.2kWorld Rnk 130 / 165
Flag Rnk 537 / 841
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$8.84MWorld Rnk 63 / 217
Flag Rnk 309 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $19.2k in Hydrogen, making it the 130th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 537th most exported product in Azerbaijan. The main destination of Hydrogen exports from Azerbaijan are: Switzerland ($10.1k), Georgia ($5.63k), and Turkmenistan ($3.5k).

The fastest growing export markets for Hydrogen of Azerbaijan between 2022 and 2023 were Georgia ($5.63k) and Turkmenistan ($3.5k).

Imports In 2023, Azerbaijan imported $8.84M in Hydrogen, becoming the 63rd largest importer of Hydrogen in the world. At the same year, Hydrogen was the 309th most imported product in Azerbaijan. Azerbaijan imports Hydrogen primarily from: Qatar ($3.35M), Russia ($2.15M), Turkey ($864k), China ($737k), and United Kingdom ($574k).

The fastest growing import markets in Hydrogen for Azerbaijan between 2022 and 2023 were Qatar ($2.23M), United Arab Emirates ($317k), and Russia ($284k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Hydrogen. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$19.2k
IMPORTS (2023)$8.84M
NET TRADE (2023)-$8.83M

In 2023, Azerbaijan exported $19.2k in Hydrogen. The main destinations of Azerbaijan exports on Hydrogen were Switzerland ($10.1k), Georgia ($5.63k), and Turkmenistan ($3.5k).

In 2023, Azerbaijan imported $8.84M in Hydrogen, mainly from Qatar ($3.35M), Russia ($2.15M), Turkey ($864k), China ($737k), and United Kingdom ($574k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Georgia$5.63k (1%)
Turkmenistan$3.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Azerbaijan WERE (2022 - 2023):
Switzerland-$14.2k (-58.6%)
United Kingdom-$1.45k (-100%)
Kazakhstan-$1.07k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Azerbaijan's main exporting competitors in Hydrogen were:
In 2023, Azerbaijan's main importing competitors in Hydrogen were:
China $2.1B
Japan $1.45B
Germany $1.27B

Explore Visualizations

Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $5.72k
TOP IMPORT POTENTIALChina+ $931k

Hydrogen’s highest export potential is United Kingdom. With an export gap of $5.72k.   Hydrogen’s highest import potential is China with an import gap of $931k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with