2022
Exports
$733World Rnk 163 / 200
Flag Rnk 743 / 848
2022
PRODUCT COMPLEXITY IN Pens
0.7Rnk 277 / 1025
2022
Imports
$4.46MWorld Rnk 106 / 222
Flag Rnk 394 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

The fastest growing export markets for Pens of Azerbaijan between 2021 and 2022 were Turkey ($287), Kazakhstan ($215), and France ($110).

Imports In 2022, Azerbaijan imported $4.46M in Pens, becoming the 106th largest importer of Pens in the world. At the same year, Pens was the 394th most imported product in Azerbaijan. Azerbaijan imports Pens primarily from: China ($2.13M), Turkey ($580k), India ($518k), United Arab Emirates ($269k), and Germany ($264k).

The fastest growing import markets in Pens for Azerbaijan between 2021 and 2022 were China ($811k), India ($293k), and United Arab Emirates ($211k).

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 Pens. 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)$733
IMPORTS (2022)$4.46M
NET TRADE (2022)-$4.46M

In 2022, Azerbaijan imported $4.46M in Pens, mainly from China ($2.13M), Turkey ($580k), India ($518k), United Arab Emirates ($269k), and Germany ($264k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pens EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$287 (1.37k%)
Kazakhstan$215 (1%)
France$110 (2.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pens BY Azerbaijan WERE (2021 - 2022):
Israel-$250 (-100%)
Romania-$84 (-100%)
United Kingdom-$64 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Pens were:
China $2.39B
Japan $1.02B
In 2022, Azerbaijan's main importing competitors in Pens were:

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Trade Value of Pens by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $1.01k
TOP IMPORT POTENTIALChina+ $811k

Pens’s highest export potential is Turkey. With an export gap of $1.01k.   Pens’s highest import potential is China with an import gap of $811k.

See methodology.

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