2022
Exports
$4.9kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Insect Resins
-2.36Rnk 1014 / 1025
2022
Imports
$142kWorld Rnk 121 / 191
Flag Rnk 918 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Imports In 2023, Azerbaijan imported $142k in Insect Resins, becoming the 121st largest importer of Insect Resins in the world. At the same year, Insect Resins was the 918th most imported product in Azerbaijan. Azerbaijan imports Insect Resins primarily from: France ($51.6k), Turkey ($40.2k), Germany ($22.7k), Italy ($13k), and India ($9.34k).

The fastest growing import markets in Insect Resins for Azerbaijan between 2022 and 2023 were Turkey ($17.1k), Germany ($11.5k), and India ($9.31k).

Latest Trends

Jan 2025

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 Insect Resins. 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)$4.9k
IMPORTS (2023)$142k
NET TRADE (2023)-$142k

In 2023, Azerbaijan imported $142k in Insect Resins, mainly from France ($51.6k), Turkey ($40.2k), Germany ($22.7k), Italy ($13k), and India ($9.34k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Azerbaijan WERE (N/A - 2022):Saudi Arabia-$4.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Insect Resins were:
In 2023, Azerbaijan's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $544
TOP IMPORT POTENTIALFrance+ $16.9k

Insect Resins’s highest export potential is India. With an export gap of $544.   Insect Resins’s highest import potential is France with an import gap of $16.9k.

See methodology.

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