2022
Exports
$38.5kWorld Rnk 114 / 203
Flag Rnk 460 / 848
2022
PRODUCT COMPLEXITY IN Hydrometers
0.82Rnk 240 / 1025
2022
Imports
$5.69MWorld Rnk 76 / 222
Flag Rnk 353 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $38.5k in Hydrometers, making it the 114th largest exporter of Hydrometers in the world. At the same year, Hydrometers was the 460th most exported product in Azerbaijan. The main destination of Hydrometers exports from Azerbaijan are: France ($11.2k), United States ($7.2k), Netherlands ($6.53k), Kazakhstan ($3.33k), and United Kingdom ($2.77k).

The fastest growing export markets for Hydrometers of Azerbaijan between 2021 and 2022 were France ($10.8k), United States ($7.03k), and Kazakhstan ($3.33k).

Imports In 2022, Azerbaijan imported $5.69M in Hydrometers, becoming the 76th largest importer of Hydrometers in the world. At the same year, Hydrometers was the 353rd most imported product in Azerbaijan. Azerbaijan imports Hydrometers primarily from: United Kingdom ($1.48M), Turkey ($755k), Singapore ($538k), United Arab Emirates ($523k), and Germany ($469k).

The fastest growing import markets in Hydrometers for Azerbaijan between 2021 and 2022 were United Kingdom ($630k), Singapore ($520k), and United Arab Emirates ($411k).

Latest Trends

Jul 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 Hydrometers. 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)$38.5k
IMPORTS (2022)$5.69M
NET TRADE (2022)-$5.65M

In 2022, Azerbaijan exported $38.5k in Hydrometers. The main destinations of Azerbaijan exports on Hydrometers were France ($11.2k), United States ($7.2k), Netherlands ($6.53k), Kazakhstan ($3.33k), and United Kingdom ($2.77k).

In 2022, Azerbaijan imported $5.69M in Hydrometers, mainly from United Kingdom ($1.48M), Turkey ($755k), Singapore ($538k), United Arab Emirates ($523k), and Germany ($469k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hydrometers EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
France$10.8k (2.57k%)
United States$7.03k (4.14k%)
Kazakhstan$3.33k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrometers BY Azerbaijan WERE (2021 - 2022):
United Kingdom-$317k (-99.1%)
Netherlands-$10.6k (-61.8%)
Germany-$4.13k (-82.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hydrometers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $19.9k
TOP IMPORT POTENTIALChina+ $601k

Hydrometers’s highest export potential is United States. With an export gap of $19.9k.   Hydrometers’s highest import potential is China with an import gap of $601k.

See methodology.

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