2023
Exports
$22.5kWorld Rnk 138 / 207
Flag Rnk 521 / 841
2023
PRODUCT COMPLEXITY IN Knit Men's Suits
-1.34Rnk 912 / 1025
2023
Imports
$22.7MWorld Rnk 69 / 221
Flag Rnk 171 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $22.5k in Knit Men's Suits, making it the 138th largest exporter of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 521st most exported product in Azerbaijan. The main destination of Knit Men's Suits exports from Azerbaijan are: Turkey ($13.6k), Portugal ($3.3k), Georgia ($2.32k), Latvia ($931), and Canada ($787).

The fastest growing export markets for Knit Men's Suits of Azerbaijan between 2022 and 2023 were Turkey ($10.3k), Portugal ($3.04k), and Georgia ($1.01k).

Imports In 2023, Azerbaijan imported $22.7M in Knit Men's Suits, becoming the 69th largest importer of Knit Men's Suits in the world. At the same year, Knit Men's Suits was the 171st most imported product in Azerbaijan. Azerbaijan imports Knit Men's Suits primarily from: China ($12M), Turkey ($6.38M), Uzbekistan ($1.01M), Bangladesh ($747k), and Italy ($645k).

The fastest growing import markets in Knit Men's Suits for Azerbaijan between 2022 and 2023 were China ($6.61M), Turkey ($2.28M), and Uzbekistan ($988k).

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 Suits. 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)$22.5k
IMPORTS (2023)$22.7M
NET TRADE (2023)-$22.7M

In 2023, Azerbaijan exported $22.5k in Knit Men's Suits. The main destinations of Azerbaijan exports on Knit Men's Suits were Turkey ($13.6k), Portugal ($3.3k), Georgia ($2.32k), Latvia ($931), and Canada ($787).

In 2023, Azerbaijan imported $22.7M in Knit Men's Suits, mainly from China ($12M), Turkey ($6.38M), Uzbekistan ($1.01M), Bangladesh ($747k), and Italy ($645k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Suits EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Turkey$10.3k (319%)
Portugal$3.04k (1.16k%)
Georgia$1.01k (77.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Suits BY Azerbaijan WERE (2022 - 2023):
Russia-$23.5k (-100%)
Netherlands-$1.59k (-85%)
Slovakia-$525 (-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 Suits were:
In 2023, Azerbaijan's main importing competitors in Knit Men's Suits were:

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Trade Value of Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $25.8k
TOP IMPORT POTENTIALChina+ $1.67M

Knit Men's Suits’s highest export potential is Russia. With an export gap of $25.8k.   Knit Men's Suits’s highest import potential is China with an import gap of $1.67M.

See methodology.

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