2023
Exports
$126kWorld Rnk 124 / 219
Flag Rnk 367 / 841
2023
PRODUCT COMPLEXITY IN Knit Sweaters
-1.3Rnk 900 / 1025
2023
Imports
$44.5MWorld Rnk 70 / 220
Flag Rnk 91 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $126k in Knit Sweaters, making it the 124th largest exporter of Knit Sweaters in the world. At the same year, Knit Sweaters was the 367th most exported product in Azerbaijan. The main destination of Knit Sweaters exports from Azerbaijan are: Georgia ($68.1k), Spain ($23.9k), Turkey ($13.1k), Croatia ($6.97k), and Germany ($5.11k).

The fastest growing export markets for Knit Sweaters of Azerbaijan between 2022 and 2023 were Spain ($13.9k), Turkey ($8.61k), and Croatia ($6.43k).

Imports In 2023, Azerbaijan imported $44.5M in Knit Sweaters, becoming the 70th largest importer of Knit Sweaters in the world. At the same year, Knit Sweaters was the 91st most imported product in Azerbaijan. Azerbaijan imports Knit Sweaters primarily from: Turkey ($16.3M), China ($13.7M), Italy ($4.06M), Bangladesh ($3.04M), and Uzbekistan ($1.6M).

The fastest growing import markets in Knit Sweaters for Azerbaijan between 2022 and 2023 were China ($7.64M), Turkey ($2.89M), and Uzbekistan ($1.53M).

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 Knit Sweaters. 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)$126k
IMPORTS (2023)$44.5M
NET TRADE (2023)-$44.4M

In 2023, Azerbaijan exported $126k in Knit Sweaters. The main destinations of Azerbaijan exports on Knit Sweaters were Georgia ($68.1k), Spain ($23.9k), Turkey ($13.1k), Croatia ($6.97k), and Germany ($5.11k).

In 2023, Azerbaijan imported $44.5M in Knit Sweaters, mainly from Turkey ($16.3M), China ($13.7M), Italy ($4.06M), Bangladesh ($3.04M), and Uzbekistan ($1.6M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Sweaters EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Spain$13.9k (138%)
Turkey$8.61k (192%)
Croatia$6.43k (1.19k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Sweaters BY Azerbaijan WERE (2022 - 2023):
Georgia-$21.1k (-23.6%)
Italy-$15.6k (-93.4%)
Russia-$7.2k (-85.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Knit Sweaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $35.4k
TOP IMPORT POTENTIALChina+ $5.15M

Knit Sweaters’s highest export potential is Italy. With an export gap of $35.4k.   Knit Sweaters’s highest import potential is China with an import gap of $5.15M.

See methodology.

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