2023
Exports
$20.4kWorld Rnk 128 / 164
Flag Rnk 533 / 841
2023
PRODUCT COMPLEXITY IN Precious Stones
-1.29Rnk 897 / 1025
2023
Imports
$10kWorld Rnk 134 / 184
Flag Rnk 1066 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $20.4k in Precious Stones, making it the 128th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 533rd most exported product in Azerbaijan. The main destination of Precious Stones exports from Azerbaijan are: United States ($20.4k), Thailand ($27), and France ($15).

The fastest growing export markets for Precious Stones of Azerbaijan between 2022 and 2023 were United States ($1.71k), Thailand ($27), and France ($15).

Imports In 2023, Azerbaijan imported $10k in Precious Stones, becoming the 134th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 1066th most imported product in Azerbaijan. Azerbaijan imports Precious Stones primarily from: United Kingdom ($3.93k), China ($3.77k), Turkey ($1.91k), Italy ($292), and South Korea ($71).

The fastest growing import markets in Precious Stones for Azerbaijan between 2022 and 2023 were China ($3.58k), United Kingdom ($2.75k), and Turkey ($1.91k).

Latest Trends

Dec 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 Precious Stones. 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 (2023)$20.4k
IMPORTS (2023)$10k
NET TRADE (2023)$10.4k

In 2023, Azerbaijan exported $20.4k in Precious Stones. The main destinations of Azerbaijan exports on Precious Stones were United States ($20.4k), Thailand ($27), and France ($15).

In 2023, Azerbaijan imported $10k in Precious Stones, mainly from United Kingdom ($3.93k), China ($3.77k), Turkey ($1.91k), Italy ($292), and South Korea ($71).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
United States$1.71k (9.14%)
Thailand$27 (1%)
France$15 (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Precious Stones were:
In 2023, Azerbaijan's main importing competitors in Precious Stones were:

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Trade Value of Precious Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $30k
TOP IMPORT POTENTIALColombia+ $5.74k

Precious Stones’s highest export potential is United States. With an export gap of $30k.   Precious Stones’s highest import potential is Colombia with an import gap of $5.74k.

See methodology.

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