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Pricing

2018
Exports $117World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Palm Oil-2.31Rnk 1012 / 1025
2018
Imports $103MWorld Rnk 67 / 208
Flag Rnk 22 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $103M in Palm Oil, becoming the 67th largest importer of Palm Oil in the world. At the same year, Palm Oil was the 22nd most imported product in Azerbaijan. Azerbaijan imports Palm Oil primarily from: Indonesia ($76.8M), Malaysia ($20.7M), Colombia ($5.11M), Iran ($29.8k), and Turkey ($12.1k).

The fastest growing import markets in Palm Oil for Azerbaijan between 2021 and 2022 were Indonesia ($43.7M), Colombia ($5.11M), and Turkey ($12.1k).

Latest Trends

Oct 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 Palm 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 (2018)$117
IMPORTS (2022)$103M
NET TRADE (2022)-$103M

In 2022, Azerbaijan imported $103M in Palm Oil, mainly from Indonesia ($76.8M), Malaysia ($20.7M), Colombia ($5.11M), Iran ($29.8k), and Turkey ($12.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
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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 Palm Oil were:
Indonesia $28.7B
Malaysia $17.7B
Thailand $1.31B
In 2022, Azerbaijan's main importing competitors in Palm Oil were:
India $11.1B
China $4.85B
Pakistan $3.8B

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Trade Value of Palm Oil by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $935
TOP IMPORT POTENTIALMalaysia+ $4.92M

Palm Oil’s highest export potential is India. With an export gap of $935.   Palm Oil’s highest import potential is Malaysia with an import gap of $4.92M.

See methodology.

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