2023
Exports
$394kWorld Rnk 92 / 199
Flag Rnk 269 / 841
2023
PRODUCT COMPLEXITY IN Navigation Equipment
1.03Rnk 167 / 1025
2023
Imports
$13.9MWorld Rnk 74 / 223
Flag Rnk 244 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $394k in Navigation Equipment, making it the 92nd largest exporter of Navigation Equipment in the world. At the same year, Navigation Equipment was the 269th most exported product in Azerbaijan. The main destination of Navigation Equipment exports from Azerbaijan are: France ($214k), United States ($87.3k), Italy ($32.8k), United Kingdom ($22.8k), and Turkey ($18.8k).

The fastest growing export markets for Navigation Equipment of Azerbaijan between 2022 and 2023 were United States ($86.9k), Italy ($32.8k), and Turkey ($18.4k).

Imports In 2023, Azerbaijan imported $13.9M in Navigation Equipment, becoming the 74th largest importer of Navigation Equipment in the world. At the same year, Navigation Equipment was the 244th most imported product in Azerbaijan. Azerbaijan imports Navigation Equipment primarily from: United States ($3.05M), Turkey ($2.95M), United Arab Emirates ($1.66M), Israel ($872k), and Spain ($767k).

The fastest growing import markets in Navigation Equipment for Azerbaijan between 2022 and 2023 were United States ($703k), Canada ($511k), and Turkey ($433k).

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 Navigation Equipment. 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)$394k
IMPORTS (2023)$13.9M
NET TRADE (2023)-$13.5M

In 2023, Azerbaijan exported $394k in Navigation Equipment. The main destinations of Azerbaijan exports on Navigation Equipment were France ($214k), United States ($87.3k), Italy ($32.8k), United Kingdom ($22.8k), and Turkey ($18.8k).

In 2023, Azerbaijan imported $13.9M in Navigation Equipment, mainly from United States ($3.05M), Turkey ($2.95M), United Arab Emirates ($1.66M), Israel ($872k), and Spain ($767k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Navigation Equipment EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
United States$86.9k (20k%)
Italy$32.8k (1%)
Turkey$18.4k (4.71k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Navigation Equipment BY Azerbaijan WERE (2022 - 2023):
Hong Kong-$70.3k (-98.8%)
Belgium-$32.3k (-100%)
United Kingdom-$26.1k (-53.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Navigation Equipment were:
In 2023, Azerbaijan's main importing competitors in Navigation Equipment were:

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Trade Value of Navigation Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $113k
TOP IMPORT POTENTIALChina+ $1.28M

Navigation Equipment’s highest export potential is France. With an export gap of $113k.   Navigation Equipment’s highest import potential is China with an import gap of $1.28M.

See methodology.

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