2022
Exports
$660kWorld Rnk 59 / 146
Flag Rnk 207 / 848
2022
PRODUCT COMPLEXITY IN Pure Olive Oil
-0.75Rnk 772 / 1025
2022
Imports
$1.65MWorld Rnk 115 / 218
Flag Rnk 573 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $660k in Pure Olive Oil, making it the 59th largest exporter of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 207th most exported product in Azerbaijan. The main destination of Pure Olive Oil exports from Azerbaijan are: Russia ($317k), Georgia ($185k), Belarus ($66.5k), Iraq ($41.4k), and Kazakhstan ($27.8k).

The fastest growing export markets for Pure Olive Oil of Azerbaijan between 2021 and 2022 were Russia ($316k), Belarus ($66.5k), and Iraq ($14.9k).

Imports In 2022, Azerbaijan imported $1.65M in Pure Olive Oil, becoming the 115th largest importer of Pure Olive Oil in the world. At the same year, Pure Olive Oil was the 573rd most imported product in Azerbaijan. Azerbaijan imports Pure Olive Oil primarily from: Turkey ($763k), Italy ($445k), Spain ($343k), United Arab Emirates ($42.8k), and Luxembourg ($20.5k).

The fastest growing import markets in Pure Olive Oil for Azerbaijan between 2021 and 2022 were Italy ($160k), Spain ($83.3k), and Turkey ($64.6k).

Latest Trends

Sep 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 Pure Olive 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 (2022)$660k
IMPORTS (2022)$1.65M
NET TRADE (2022)-$987k

In 2022, Azerbaijan exported $660k in Pure Olive Oil. The main destinations of Azerbaijan exports on Pure Olive Oil were Russia ($317k), Georgia ($185k), Belarus ($66.5k), Iraq ($41.4k), and Kazakhstan ($27.8k).

In 2022, Azerbaijan imported $1.65M in Pure Olive Oil, mainly from Turkey ($763k), Italy ($445k), Spain ($343k), United Arab Emirates ($42.8k), and Luxembourg ($20.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pure Olive Oil EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Russia$316k (55.9k%)
Belarus$66.5k (1%)
Iraq$14.9k (56.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pure Olive Oil BY Azerbaijan WERE (2021 - 2022):
Georgia-$3.05k (-1.62%)
China-$1.22k (-100%)
United States-$674 (-30%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Pure Olive Oil were:
Spain $4.43B
Italy $1.87B
In 2022, Azerbaijan's main importing competitors in Pure Olive Oil were:

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Trade Value of Pure Olive Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $127k
TOP IMPORT POTENTIALSpain+ $293k

Pure Olive Oil’s highest export potential is Russia. With an export gap of $127k.   Pure Olive Oil’s highest import potential is Spain with an import gap of $293k.

See methodology.

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