2023
Exports
$73.6kWorld Rnk 121 / 208
Flag Rnk 414 / 841
2023
PRODUCT COMPLEXITY IN Knit Men's Shirts
-1.58Rnk 956 / 1025
2023
Imports
$9.95MWorld Rnk 67 / 222
Flag Rnk 293 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $73.6k in Knit Men's Shirts, making it the 121st largest exporter of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 414th most exported product in Azerbaijan. The main destination of Knit Men's Shirts exports from Azerbaijan are: Turkey ($38.9k), Germany ($22k), Spain ($9k), Russia ($2.65k), and Georgia ($680).

The fastest growing export markets for Knit Men's Shirts of Azerbaijan between 2022 and 2023 were Turkey ($38.8k), Germany ($22k), and Spain ($5.23k).

Imports In 2023, Azerbaijan imported $9.95M in Knit Men's Shirts, becoming the 67th largest importer of Knit Men's Shirts in the world. At the same year, Knit Men's Shirts was the 293rd most imported product in Azerbaijan. Azerbaijan imports Knit Men's Shirts primarily from: Turkey ($3.48M), China ($2.18M), Italy ($888k), Uzbekistan ($764k), and Bangladesh ($688k).

The fastest growing import markets in Knit Men's Shirts for Azerbaijan between 2022 and 2023 were Turkey ($1.63M), China ($1.31M), and Uzbekistan ($607k).

Latest Trends

Dec 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 Knit Men's Shirts. 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 (2023)$73.6k
IMPORTS (2023)$9.95M
NET TRADE (2023)-$9.88M

In 2023, Azerbaijan exported $73.6k in Knit Men's Shirts. The main destinations of Azerbaijan exports on Knit Men's Shirts were Turkey ($38.9k), Germany ($22k), Spain ($9k), Russia ($2.65k), and Georgia ($680).

In 2023, Azerbaijan imported $9.95M in Knit Men's Shirts, mainly from Turkey ($3.48M), China ($2.18M), Italy ($888k), Uzbekistan ($764k), and Bangladesh ($688k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Shirts EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Turkey$38.8k (46.2k%)
Germany$22k (1%)
Spain$5.23k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Shirts BY Azerbaijan WERE (2022 - 2023):
Ukraine-$75k (-100%)
United Kingdom-$5.18k (-100%)
Latvia-$1k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Knit Men's Shirts were:
In 2023, Azerbaijan's main importing competitors in Knit Men's Shirts were:

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Trade Value of Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $13.2k
TOP IMPORT POTENTIALBangladesh+ $569k

Knit Men's Shirts’s highest export potential is United Kingdom. With an export gap of $13.2k.   Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $569k.

See methodology.

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