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2022
Exports $595World Rnk 116 / 139
Flag Rnk 746 / 848
falsefalse Russia
2021 - 2022
FASTEST GROWING MARKETfalseKazakhstan
2022
PRODUCT COMPLEXITY IN Nutmeg, mace and cardamons-1.93Rnk 992 / 1025
2022
Imports $1.36MWorld Rnk 62 / 208
Flag Rnk 613 / 1162
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $595 in Nutmeg, mace and cardamons, making it the 116th largest exporter of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 746th most exported product in Azerbaijan. The main destination of Nutmeg, mace and cardamons exports from Azerbaijan are: Russia ($270), Kazakhstan ($204), Qatar ($115), and Turkey ($6).

The fastest growing export markets for Nutmeg, mace and cardamons of Azerbaijan between 2021 and 2022 were Kazakhstan ($204), Qatar ($115), and Turkey ($6).

Imports In 2022, Azerbaijan imported $1.36M in Nutmeg, mace and cardamons, becoming the 62nd largest importer of Nutmeg, mace and cardamons in the world. At the same year, Nutmeg, mace and cardamons was the 613th most imported product in Azerbaijan. Azerbaijan imports Nutmeg, mace and cardamons primarily from: United Arab Emirates ($1.03M), Guatemala ($177k), India ($136k), Turkey ($13.5k), and Iran ($7.06k).

Latest Trends

Jul 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 Nutmeg, mace and cardamons. 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)$595
IMPORTS (2022)$1.36M
NET TRADE (2022)-$1.36M

In 2022, Azerbaijan exported $595 in Nutmeg, mace and cardamons. The main destinations of Azerbaijan exports on Nutmeg, mace and cardamons were Russia ($270), Kazakhstan ($204), Qatar ($115), and Turkey ($6).

In 2022, Azerbaijan imported $1.36M in Nutmeg, mace and cardamons, mainly from United Arab Emirates ($1.03M), Guatemala ($177k), India ($136k), Turkey ($13.5k), and Iran ($7.06k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nutmeg, mace and cardamons EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kazakhstan$204 (1%)
Qatar$115 (1%)
Turkey$6 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nutmeg, mace and cardamons BY Azerbaijan WERE (2021 - 2022):Russia-$267 (-49.7%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Nutmeg, mace and cardamons were:
Guatemala $430M
Indonesia $272M
India $194M
In 2022, Azerbaijan's main importing competitors in Nutmeg, mace and cardamons were:
United Arab Emirates $145M
Saudi Arabia $137M
China $110M

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Trade Value of Nutmeg, mace and cardamons by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $515
TOP IMPORT POTENTIALIndia+ $160k

Nutmeg, mace and cardamons’s highest export potential is China. With an export gap of $515.   Nutmeg, mace and cardamons’s highest import potential is India with an import gap of $160k.

See methodology.

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