2023
Exports
$493kWorld Rnk 123 / 221
Flag Rnk 247 / 841
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.21Rnk 878 / 1025
2023
Imports
$44.7MWorld Rnk 73 / 225
Flag Rnk 90 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $493k in Non-Knit Men's Suits, making it the 123rd largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 247th most exported product in Azerbaijan. The main destination of Non-Knit Men's Suits exports from Azerbaijan are: Turkey ($404k), Italy ($37.6k), Russia ($27k), Georgia ($13.6k), and Austria ($4.1k).

The fastest growing export markets for Non-Knit Men's Suits of Azerbaijan between 2022 and 2023 were Turkey ($42k), Italy ($33k), and Russia ($15.1k).

Imports In 2023, Azerbaijan imported $44.7M in Non-Knit Men's Suits, becoming the 73rd largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 90th most imported product in Azerbaijan. Azerbaijan imports Non-Knit Men's Suits primarily from: Turkey ($19.9M), China ($8.46M), Italy ($4.4M), Bangladesh ($2.56M), and Georgia ($1.92M).

The fastest growing import markets in Non-Knit Men's Suits for Azerbaijan between 2022 and 2023 were Turkey ($8.38M), China ($5.17M), and Georgia ($1.91M).

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 Non-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)$493k
IMPORTS (2023)$44.7M
NET TRADE (2023)-$44.2M

In 2023, Azerbaijan exported $493k in Non-Knit Men's Suits. The main destinations of Azerbaijan exports on Non-Knit Men's Suits were Turkey ($404k), Italy ($37.6k), Russia ($27k), Georgia ($13.6k), and Austria ($4.1k).

In 2023, Azerbaijan imported $44.7M in Non-Knit Men's Suits, mainly from Turkey ($19.9M), China ($8.46M), Italy ($4.4M), Bangladesh ($2.56M), and Georgia ($1.92M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Turkey$42k (11.6%)
Italy$33k (711%)
Russia$15.1k (127%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Azerbaijan WERE (2022 - 2023):
United Kingdom-$26.9k (-100%)
Georgia-$11.3k (-45.3%)
Spain-$4.94k (-66.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $203k
TOP IMPORT POTENTIALChina+ $3.12M

Non-Knit Men's Suits’s highest export potential is Turkey. With an export gap of $203k.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $3.12M.

See methodology.

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