2021
Exports
$11.8kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2021
Imports
$1.26MWorld Rnk 108 / 224
Flag Rnk 631 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Imports In 2022, Azerbaijan imported $1.26M in Processed Crustaceans, becoming the 108th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 631st most imported product in Azerbaijan. Azerbaijan imports Processed Crustaceans primarily from: Russia ($476k), China ($432k), Denmark ($78.6k), New Zealand ($32.9k), and Vietnam ($31.9k).

The fastest growing import markets in Processed Crustaceans for Azerbaijan between 2021 and 2022 were China ($112k), Russia ($84.6k), and New Zealand ($28.5k).

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 Processed Crustaceans. 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 (2021)$11.8k
IMPORTS (2022)$1.26M
NET TRADE (2022)-$1.26M

In 2022, Azerbaijan imported $1.26M in Processed Crustaceans, mainly from Russia ($476k), China ($432k), Denmark ($78.6k), New Zealand ($32.9k), and Vietnam ($31.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Azerbaijan WERE (N/A - 2021):
Hong Kong-$10.5k (-100%)
Israel-$1k (-100%)
Cote d'Ivoire-$383 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Azerbaijan's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $599
TOP IMPORT POTENTIALChina+ $358k

Processed Crustaceans’s highest export potential is United States. With an export gap of $599.   Processed Crustaceans’s highest import potential is China with an import gap of $358k.

See methodology.

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