falsefalseN/A
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2021
Imports
falseWorld Rnk 69 / 209
Flag Rnk 515 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $2.32M in Pastes and Waxes, becoming the 69th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 515th most imported product in Azerbaijan. Azerbaijan imports Pastes and Waxes primarily from: China ($595k), Italy ($561k), Russia ($437k), Germany ($199k), and Switzerland ($140k).

The fastest growing import markets in Pastes and Waxes for Azerbaijan between 2021 and 2022 were China ($289k), Italy ($259k), and Russia ($179k).

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 Pastes and Waxes. 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
IMPORTS (2022)$2.32M

In 2022, Azerbaijan imported $2.32M in Pastes and Waxes, mainly from China ($595k), Italy ($561k), Russia ($437k), Germany ($199k), and Switzerland ($140k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Azerbaijan WERE (N/A - 2021):
Russia-$350 (-100%)
Turkey-$5 (-100%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Pastes and Waxes were:
In 2022, Azerbaijan's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $404
TOP IMPORT POTENTIALChina+ $247k

Pastes and Waxes’s highest export potential is United States. With an export gap of $404.   Pastes and Waxes’s highest import potential is China with an import gap of $247k.

See methodology.

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