2023
Exports
$125MWorld Rnk 14 / 134
Flag Rnk 14 / 841
2023
PRODUCT COMPLEXITY IN Raw Cotton
-2.55Rnk 1021 / 1025
2023
Imports
$5.2kWorld Rnk 137 / 179
Flag Rnk 1087 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $125M in Raw Cotton, making it the 14th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 14th most exported product in Azerbaijan. The main destination of Raw Cotton exports from Azerbaijan are: Turkey ($89.4M), Turkmenistan ($29.2M), Iran ($4.74M), Bangladesh ($1.94M), and India ($116k).

The fastest growing export markets for Raw Cotton of Azerbaijan between 2022 and 2023 were Turkmenistan ($29.2M), India ($116k), and Bangladesh ($79.1k).

Imports In 2023, Azerbaijan imported $5.2k in Raw Cotton, becoming the 137th largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 1087th most imported product in Azerbaijan. Azerbaijan imports Raw Cotton primarily from: Turkey ($4.54k), China ($438), Sweden ($94), United States ($67), and India ($39).

The fastest growing import markets in Raw Cotton for Azerbaijan between 2022 and 2023 were Turkey ($2.31k), China ($385), and Sweden ($94).

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 Raw Cotton. 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)$125M
IMPORTS (2023)$5.2k
NET TRADE (2023)$125M

In 2023, Azerbaijan exported $125M in Raw Cotton. The main destinations of Azerbaijan exports on Raw Cotton were Turkey ($89.4M), Turkmenistan ($29.2M), Iran ($4.74M), Bangladesh ($1.94M), and India ($116k).

In 2023, Azerbaijan imported $5.2k in Raw Cotton, mainly from Turkey ($4.54k), China ($438), Sweden ($94), United States ($67), and India ($39).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Turkmenistan$29.2M (1%)
India$116k (1%)
Bangladesh$79.1k (4.26%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Azerbaijan WERE (2022 - 2023):
Turkey-$78.7M (-46.8%)
Iran-$3.87M (-44.9%)
Russia-$1.52M (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Raw Cotton were:
In 2023, Azerbaijan's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBangladesh+ $2.66M
TOP IMPORT POTENTIALUnited States+ $233k

Raw Cotton’s highest export potential is Bangladesh. With an export gap of $2.66M.   Raw Cotton’s highest import potential is United States with an import gap of $233k.

See methodology.

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