2020
Exports
$269World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2020
Imports
$4.85MWorld Rnk 26 / 189
Flag Rnk 382 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $4.85M in Olive Oil, becoming the 26th largest importer of Olive Oil in the world. At the same year, Olive Oil was the 382nd most imported product in Azerbaijan. Azerbaijan imports Olive Oil primarily from: Spain ($3.07M), Italy ($1.1M), Turkey ($527k), Greece ($161k), and Russia ($593).

The fastest growing import markets in Olive Oil for Azerbaijan between 2021 and 2022 were Spain ($887k), Turkey ($176k), and Italy ($128k).

Latest Trends

Sep 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 (2022)$4.85M
NET TRADE (2022)-$4.85M

In 2022, Azerbaijan imported $4.85M in Olive Oil, mainly from Spain ($3.07M), Italy ($1.1M), Turkey ($527k), Greece ($161k), and Russia ($593).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Olive Oil were:
Spain $322M
Italy $115M
Greece $69.6M
In 2022, 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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