2022
Exports
$5.38kWorld Rnk 152 / 197
Flag Rnk 640 / 848
2022
PRODUCT COMPLEXITY IN Other Headwear
0.5Rnk 367 / 1025
2022
Imports
$1.99MWorld Rnk 110 / 225
Flag Rnk 545 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $5.38k in Other Headwear, making it the 152nd largest exporter of Other Headwear in the world. At the same year, Other Headwear was the 640th most exported product in Azerbaijan. The main destination of Other Headwear exports from Azerbaijan are: Georgia ($4.28k), Angola ($324), Austria ($290), Turkey ($160), and United Kingdom ($152).

The fastest growing export markets for Other Headwear of Azerbaijan between 2021 and 2022 were Georgia ($1.38k), Angola ($324), and Austria ($266).

Imports In 2022, Azerbaijan imported $1.99M in Other Headwear, becoming the 110th largest importer of Other Headwear in the world. At the same year, Other Headwear was the 545th most imported product in Azerbaijan. Azerbaijan imports Other Headwear primarily from: China ($898k), Turkey ($286k), Lithuania ($189k), South Africa ($103k), and Germany ($101k).

The fastest growing import markets in Other Headwear for Azerbaijan between 2021 and 2022 were China ($488k), Lithuania ($188k), and South Africa ($89.5k).

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 Other Headwear. 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)$5.38k
IMPORTS (2022)$1.99M
NET TRADE (2022)-$1.98M

In 2022, Azerbaijan exported $5.38k in Other Headwear. The main destinations of Azerbaijan exports on Other Headwear were Georgia ($4.28k), Angola ($324), Austria ($290), Turkey ($160), and United Kingdom ($152).

In 2022, Azerbaijan imported $1.99M in Other Headwear, mainly from China ($898k), Turkey ($286k), Lithuania ($189k), South Africa ($103k), and Germany ($101k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Headwear EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$1.38k (47.8%)
Angola$324 (1%)
Austria$266 (1.11k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Headwear BY Azerbaijan WERE (2021 - 2022):
Kuwait-$2.19k (-100%)
Uzbekistan-$1.15k (-100%)
Burkina Faso-$643 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Other Headwear were:
China $2.77B
Italy $287M
In 2022, Azerbaijan's main importing competitors in Other Headwear were:

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Trade Value of Other Headwear by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $1.08k
TOP IMPORT POTENTIALChina+ $480k

Other Headwear’s highest export potential is Turkey. With an export gap of $1.08k.   Other Headwear’s highest import potential is China with an import gap of $480k.

See methodology.

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