2022
Exports
$212kWorld Rnk 97 / 187
Flag Rnk 317 / 848
2022
PRODUCT COMPLEXITY IN Ink
0.41Rnk 404 / 1025
2022
Imports
$6.6MWorld Rnk 100 / 222
Flag Rnk 321 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $212k in Ink, making it the 97th largest exporter of Ink in the world. At the same year, Ink was the 317th most exported product in Azerbaijan. The main destination of Ink exports from Azerbaijan are: Russia ($212k), Switzerland ($329), Norway ($174), and Czechia ($45).

The fastest growing export markets for Ink of Azerbaijan between 2021 and 2022 were Russia ($212k), Switzerland ($329), and Norway ($155).

Imports In 2022, Azerbaijan imported $6.6M in Ink, becoming the 100th largest importer of Ink in the world. At the same year, Ink was the 321st most imported product in Azerbaijan. Azerbaijan imports Ink primarily from: Turkey ($3.29M), Russia ($655k), Germany ($377k), China ($291k), and United Arab Emirates ($260k).

The fastest growing import markets in Ink for Azerbaijan between 2021 and 2022 were Turkey ($1.09M), Germany ($132k), and China ($132k).

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 Ink. 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)$212k
IMPORTS (2022)$6.6M
NET TRADE (2022)-$6.39M

In 2022, Azerbaijan exported $212k in Ink. The main destinations of Azerbaijan exports on Ink were Russia ($212k), Switzerland ($329), Norway ($174), and Czechia ($45).

In 2022, Azerbaijan imported $6.6M in Ink, mainly from Turkey ($3.29M), Russia ($655k), Germany ($377k), China ($291k), and United Arab Emirates ($260k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$212k (1%)
Switzerland$329 (1%)
Norway$155 (816%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink BY Azerbaijan WERE (2021 - 2022):Germany-$3.69k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ink by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $102k
TOP IMPORT POTENTIALGermany+ $490k

Ink’s highest export potential is Russia. With an export gap of $102k.   Ink’s highest import potential is Germany with an import gap of $490k.

See methodology.

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