2020
Exports
$269World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2020
Imports
$5.26MWorld Rnk 20 / 185
Flag Rnk 404 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Imports In 2023, Azerbaijan imported $5.26M in Olive Oil, becoming the 20th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 404th most imported product in Azerbaijan. Azerbaijan imports Olive Oil primarily from: Spain ($3.63M), Italy ($1.1M), Greece ($284k), Turkey ($230k), and China ($6.36k).

The fastest growing import markets in Olive Oil for Azerbaijan between 2022 and 2023 were Spain ($1.21M), Italy ($197k), and Greece ($160k).

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 Olive Oil. 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 (2020)$269
IMPORTS (2023)$5.26M
NET TRADE (2023)-$5.26M

In 2023, Azerbaijan imported $5.26M in Olive Oil, mainly from Spain ($3.63M), Italy ($1.1M), Greece ($284k), Turkey ($230k), and China ($6.36k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow

Change in Exports by Market (undefined - undefined)

Market Concentration

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Type
In 2023, Azerbaijan's main exporting competitors in Olive Oil were:
Spain $320M
Italy $114M
In 2023, Azerbaijan's main importing competitors in Olive Oil were:

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Trade Value of Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $304
TOP IMPORT POTENTIALTurkey+ $75.2k

Olive Oil’s highest export potential is United States. With an export gap of $304.   Olive Oil’s highest import potential is Turkey with an import gap of $75.2k.

See methodology.

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