falsefalse Turkey
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
falseWorld Rnk 86 / 169
Flag Rnk 849 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported N/A in Iron Powder, making it the 84th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 492nd most exported product in Azerbaijan. The main destination of Iron Powder exports from Azerbaijan are: Turkey ($30.7k).

Imports In 2023, Azerbaijan imported $318k in Iron Powder, becoming the 86th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 849th most imported product in Azerbaijan. Azerbaijan imports Iron Powder primarily from: Russia ($117k), Turkey ($113k), China ($44.6k), Ukraine ($23.6k), and Germany ($11.8k).

The fastest growing import markets in Iron Powder for Azerbaijan between 2022 and 2023 were China ($44.5k), Turkey ($28.8k), and Ukraine ($7.92k).

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 Iron Powder. 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
IMPORTS (2023)$318k

In N/A, Azerbaijan exported N/A in Iron Powder. The main destinations of Azerbaijan exports on Iron Powder were Turkey ($30.7k).

In 2023, Azerbaijan imported $318k in Iron Powder, mainly from Russia ($117k), Turkey ($113k), China ($44.6k), Ukraine ($23.6k), and Germany ($11.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Azerbaijan WERE (2022 - 2023):Turkey-$92.5k (-75.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Azerbaijan's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $30.6k
TOP IMPORT POTENTIALTurkey+ $36.5k

Iron Powder’s highest export potential is Turkey. With an export gap of $30.6k.   Iron Powder’s highest import potential is Turkey with an import gap of $36.5k.

See methodology.

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