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Pricing

2022
Exports $50.4kWorld Rnk 102 / 170
Flag Rnk 440 / 848
2022
Destination $10.9k Georgia
2021 - 2022
FASTEST GROWING MARKET $10.9kGeorgia
2022
PRODUCT COMPLEXITY IN Organic Composite Solvents-0.03Rnk 556 / 1025
2022
Imports $5.97MWorld Rnk 83 / 220
Flag Rnk 343 / 1162
2022
Origin $675k Turkey
2021 - 2022
FASTEST GROWING ORIGIN $675kTurkey
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $50.4k in Organic Composite Solvents, making it the 102nd largest exporter of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 440th most exported product in Azerbaijan. The main destination of Organic Composite Solvents exports from Azerbaijan are: Georgia ($49.9k) and Russia ($514).

The fastest growing export markets for Organic Composite Solvents of Azerbaijan between 2021 and 2022 were Georgia ($10.9k) and Russia ($514).

Imports In 2022, Azerbaijan imported $5.97M in Organic Composite Solvents, becoming the 83rd largest importer of Organic Composite Solvents in the world. At the same year, Organic Composite Solvents was the 343rd most imported product in Azerbaijan. Azerbaijan imports Organic Composite Solvents primarily from: Turkey ($3.7M), Iran ($1.35M), Russia ($555k), United Kingdom ($68.8k), and Germany ($59.6k).

The fastest growing import markets in Organic Composite Solvents for Azerbaijan between 2021 and 2022 were Turkey ($675k), Iran ($515k), and United Kingdom ($31.8k).

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 Organic Composite Solvents. 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)$50.4k
IMPORTS (2022)$5.97M
NET TRADE (2022)-$5.92M

In 2022, Azerbaijan exported $50.4k in Organic Composite Solvents. The main destinations of Azerbaijan exports on Organic Composite Solvents were Georgia ($49.9k) and Russia ($514).

In 2022, Azerbaijan imported $5.97M in Organic Composite Solvents, mainly from Turkey ($3.7M), Iran ($1.35M), Russia ($555k), United Kingdom ($68.8k), and Germany ($59.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Organic Composite Solvents EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$10.9k (28.1%)
Russia$514 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic Composite Solvents BY Azerbaijan WERE (2021 - 2022):Singapore-$1.72k (-100%)
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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 Organic Composite Solvents were:
Germany $300M
United States $278M
Italy $166M
In 2022, Azerbaijan's main importing competitors in Organic Composite Solvents were:
China $101M
United States $95M
Vietnam $89.2M

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Trade Value of Organic Composite Solvents by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $2.63k
TOP IMPORT POTENTIALGermany+ $98.1k

Organic Composite Solvents’s highest export potential is Russia. With an export gap of $2.63k.   Organic Composite Solvents’s highest import potential is Germany with an import gap of $98.1k.

See methodology.

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