2022
Exports
$216kWorld Rnk 62 / 175
Flag Rnk 312 / 848
2022
PRODUCT COMPLEXITY IN Knotted Carpets
-1.05Rnk 848 / 1025
2022
Imports
$454kWorld Rnk 87 / 207
Flag Rnk 789 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $216k in Knotted Carpets, making it the 62nd largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 312th most exported product in Azerbaijan. The main destination of Knotted Carpets exports from Azerbaijan are: Switzerland ($79.9k), Qatar ($49.9k), United States ($18.1k), Lebanon ($17.8k), and United Kingdom ($15.1k).

The fastest growing export markets for Knotted Carpets of Azerbaijan between 2021 and 2022 were Switzerland ($55.7k), Qatar ($49.9k), and United Kingdom ($15.1k).

Imports In 2022, Azerbaijan imported $454k in Knotted Carpets, becoming the 87th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 789th most imported product in Azerbaijan. Azerbaijan imports Knotted Carpets primarily from: Iran ($398k), Turkey ($13.8k), Pakistan ($10.8k), United Arab Emirates ($10.6k), and China ($8.75k).

The fastest growing import markets in Knotted Carpets for Azerbaijan between 2021 and 2022 were United Arab Emirates ($10.6k), China ($7.11k), and India ($6.68k).

Latest Trends

Oct 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 Knotted Carpets. 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)$216k
IMPORTS (2022)$454k
NET TRADE (2022)-$238k

In 2022, Azerbaijan exported $216k in Knotted Carpets. The main destinations of Azerbaijan exports on Knotted Carpets were Switzerland ($79.9k), Qatar ($49.9k), United States ($18.1k), Lebanon ($17.8k), and United Kingdom ($15.1k).

In 2022, Azerbaijan imported $454k in Knotted Carpets, mainly from Iran ($398k), Turkey ($13.8k), Pakistan ($10.8k), United Arab Emirates ($10.6k), and China ($8.75k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Switzerland$55.7k (230%)
Qatar$49.9k (1%)
United Kingdom$15.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Azerbaijan WERE (2021 - 2022):
Sweden-$91.6k (-90.8%)
United States-$51.3k (-73.9%)
Saudi Arabia-$27.3k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Knotted Carpets were:
In 2022, Azerbaijan's main importing competitors in Knotted Carpets were:

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $36.9k
TOP IMPORT POTENTIALIran+ $81k

Knotted Carpets’s highest export potential is United States. With an export gap of $36.9k.   Knotted Carpets’s highest import potential is Iran with an import gap of $81k.

See methodology.

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