2022
Exports
$24.1kWorld Rnk 109 / 148
Flag Rnk 510 / 848
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$895kWorld Rnk 126 / 213
Flag Rnk 700 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $24.1k in Other Iron Bars, making it the 109th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 510th most exported product in Azerbaijan. The main destination of Other Iron Bars exports from Azerbaijan are: Georgia ($24.1k).

The fastest growing export markets for Other Iron Bars of Azerbaijan between 2021 and 2022 were Georgia ($24.1k).

Imports In 2022, Azerbaijan imported $895k in Other Iron Bars, becoming the 126th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 700th most imported product in Azerbaijan. Azerbaijan imports Other Iron Bars primarily from: Russia ($696k), Turkey ($101k), Czechia ($29.6k), China ($24.1k), and Italy ($16.7k).

The fastest growing import markets in Other Iron Bars for Azerbaijan between 2021 and 2022 were Russia ($525k), China ($24.1k), and United Arab Emirates ($10.5k).

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 Iron Bars. 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)$24.1k
IMPORTS (2022)$895k
NET TRADE (2022)-$871k

In 2022, Azerbaijan exported $24.1k in Other Iron Bars. The main destinations of Azerbaijan exports on Other Iron Bars were Georgia ($24.1k).

In 2022, Azerbaijan imported $895k in Other Iron Bars, mainly from Russia ($696k), Turkey ($101k), Czechia ($29.6k), China ($24.1k), and Italy ($16.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Iron Bars EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Georgia$24.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Azerbaijan WERE (2021 - 2022):Uzbekistan-$11 (-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 Iron Bars were:
In 2022, Azerbaijan's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $992
TOP IMPORT POTENTIALTurkey+ $107k

Other Iron Bars’s highest export potential is Germany. With an export gap of $992.   Other Iron Bars’s highest import potential is Turkey with an import gap of $107k.

See methodology.

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