2022
Exports
$12.8MWorld Rnk 51 / 152
Flag Rnk 46 / 848
2022
PRODUCT COMPLEXITY IN Seed Oils
-0.99Rnk 836 / 1025
2022
Imports
$68.3MWorld Rnk 52 / 211
Flag Rnk 46 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $12.8M in Seed Oils, making it the 51st largest exporter of Seed Oils in the world. At the same year, Seed Oils was the 46th most exported product in Azerbaijan. The main destination of Seed Oils exports from Azerbaijan are: Iraq ($5.36M), Georgia ($3.66M), Tajikistan ($1.82M), Turkey ($1.47M), and Turkmenistan ($167k).

The fastest growing export markets for Seed Oils of Azerbaijan between 2021 and 2022 were Iraq ($324k), Azerbaijan ($156k), and Kyrgyzstan ($36.6k).

Imports In 2022, Azerbaijan imported $68.3M in Seed Oils, becoming the 52nd largest importer of Seed Oils in the world. At the same year, Seed Oils was the 46th most imported product in Azerbaijan. Azerbaijan imports Seed Oils primarily from: Russia ($58.6M), Turkey ($8.02M), Ukraine ($494k), Uzbekistan ($386k), and Georgia ($373k).

The fastest growing import markets in Seed Oils for Azerbaijan between 2021 and 2022 were Turkey ($6.87M), Uzbekistan ($386k), and Ukraine ($245k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Seed Oils. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$12.8M
IMPORTS (2022)$68.3M
NET TRADE (2022)-$55.5M

In 2022, Azerbaijan exported $12.8M in Seed Oils. The main destinations of Azerbaijan exports on Seed Oils were Iraq ($5.36M), Georgia ($3.66M), Tajikistan ($1.82M), Turkey ($1.47M), and Turkmenistan ($167k).

In 2022, Azerbaijan imported $68.3M in Seed Oils, mainly from Russia ($58.6M), Turkey ($8.02M), Ukraine ($494k), Uzbekistan ($386k), and Georgia ($373k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Seed Oils EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Iraq$324k (6.43%)
Azerbaijan$156k (1%)
Kyrgyzstan$36.6k (29.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seed Oils BY Azerbaijan WERE (2021 - 2022):
Tajikistan-$1.26M (-40.9%)
Turkmenistan-$508k (-75.2%)
Georgia-$112k (-2.98%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Azerbaijan's main exporting competitors in Seed Oils were:
Ukraine $5.54B
Russia $3.01B
Turkey $1.88B
In 2022, Azerbaijan's main importing competitors in Seed Oils were:

Explore Visualizations

Trade Value of Seed Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $2.24M
TOP IMPORT POTENTIALTurkey+ $4.01M

Seed Oils’s highest export potential is Turkey. With an export gap of $2.24M.   Seed Oils’s highest import potential is Turkey with an import gap of $4.01M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with