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2022
Exports $875kWorld Rnk 109 / 214
Flag Rnk 180 / 848
2022
Destination $330k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $330kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Jewellery-0.41Rnk 675 / 1025
2022
Imports $39.3MWorld Rnk 78 / 219
Flag Rnk 90 / 1162
2022
Origin $3.1M Turkey
2021 - 2022
FASTEST GROWING ORIGIN $3.1MItaly
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $875k in Jewellery, making it the 109th largest exporter of Jewellery in the world. At the same year, Jewellery was the 180th most exported product in Azerbaijan. The main destination of Jewellery exports from Azerbaijan are: United Arab Emirates ($330k), United Kingdom ($139k), Switzerland ($132k), Italy ($130k), and Canada ($51.9k).

The fastest growing export markets for Jewellery of Azerbaijan between 2021 and 2022 were United Arab Emirates ($330k), United Kingdom ($139k), and Italy ($66.6k).

Imports In 2022, Azerbaijan imported $39.3M in Jewellery, becoming the 78th largest importer of Jewellery in the world. At the same year, Jewellery was the 90th most imported product in Azerbaijan. Azerbaijan imports Jewellery primarily from: Turkey ($11.6M), Italy ($8.11M), Switzerland ($5.77M), Ireland ($3.04M), and United Kingdom ($2.81M).

The fastest growing import markets in Jewellery for Azerbaijan between 2021 and 2022 were Italy ($3.1M), United States ($1.12M), and Ireland ($669k).

Latest Trends

Nov 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 Jewellery. 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)$875k
IMPORTS (2022)$39.3M
NET TRADE (2022)-$38.5M

In 2022, Azerbaijan exported $875k in Jewellery. The main destinations of Azerbaijan exports on Jewellery were United Arab Emirates ($330k), United Kingdom ($139k), Switzerland ($132k), Italy ($130k), and Canada ($51.9k).

In 2022, Azerbaijan imported $39.3M in Jewellery, mainly from Turkey ($11.6M), Italy ($8.11M), Switzerland ($5.77M), Ireland ($3.04M), and United Kingdom ($2.81M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jewellery EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Arab Emirates$330k (1%)
United Kingdom$139k (1%)
Italy$66.6k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jewellery BY Azerbaijan WERE (2021 - 2022):
Switzerland-$2.04M (-93.9%)
Russia-$161k (-100%)
Netherlands-$59.2k (-90.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Jewellery were:
China $13.9B
India $12.6B
Switzerland $11.8B
In 2022, Azerbaijan's main importing competitors in Jewellery were:
Hong Kong $21.1B
United States $15.6B
United Arab Emirates $11B

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Trade Value of Jewellery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Arab Emirates+ $347k
TOP IMPORT POTENTIALTurkey+ $6.83M

Jewellery’s highest export potential is United Arab Emirates. With an export gap of $347k.   Jewellery’s highest import potential is Turkey with an import gap of $6.83M.

See methodology.

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