2023
Exports
$185kWorld Rnk 98 / 190
Flag Rnk 339 / 841
2023
PRODUCT COMPLEXITY IN Special Pharmaceuticals
0.53Rnk 356 / 1025
2023
Imports
$10.3MWorld Rnk 97 / 220
Flag Rnk 285 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $185k in Special Pharmaceuticals, making it the 98th largest exporter of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 339th most exported product in Azerbaijan. The main destination of Special Pharmaceuticals exports from Azerbaijan are: Russia ($159k), Hong Kong ($16.5k), Israel ($5.25k), Senegal ($3.62k), and Luxembourg ($348).

The fastest growing export markets for Special Pharmaceuticals of Azerbaijan between 2022 and 2023 were Russia ($52.3k), Hong Kong ($16.5k), and Israel ($5.25k).

Imports In 2023, Azerbaijan imported $10.3M in Special Pharmaceuticals, becoming the 97th largest importer of Special Pharmaceuticals in the world. At the same year, Special Pharmaceuticals was the 285th most imported product in Azerbaijan. Azerbaijan imports Special Pharmaceuticals primarily from: Germany ($2.92M), Turkey ($1.82M), South Korea ($587k), Japan ($587k), and United States ($543k).

The fastest growing import markets in Special Pharmaceuticals for Azerbaijan between 2022 and 2023 were Germany ($1.8M), Turkey ($427k), and Japan ($414k).

Latest Trends

Jan 2025

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 Special Pharmaceuticals. 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 (2023)$185k
IMPORTS (2023)$10.3M
NET TRADE (2023)-$10.1M

In 2023, Azerbaijan exported $185k in Special Pharmaceuticals. The main destinations of Azerbaijan exports on Special Pharmaceuticals were Russia ($159k), Hong Kong ($16.5k), Israel ($5.25k), Senegal ($3.62k), and Luxembourg ($348).

In 2023, Azerbaijan imported $10.3M in Special Pharmaceuticals, mainly from Germany ($2.92M), Turkey ($1.82M), South Korea ($587k), Japan ($587k), and United States ($543k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Special Pharmaceuticals EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Russia$52.3k (49%)
Hong Kong$16.5k (1%)
Israel$5.25k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special Pharmaceuticals BY Azerbaijan WERE (2022 - 2023):
Netherlands-$39.2k (-100%)
Latvia-$11.3k (-100%)
Oman-$5.14k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Azerbaijan's main exporting competitors in Special Pharmaceuticals were:
In 2023, Azerbaijan's main importing competitors in Special Pharmaceuticals were:

Explore Visualizations

Trade Value of Special Pharmaceuticals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $108k
TOP IMPORT POTENTIALGermany+ $899k

Special Pharmaceuticals’s highest export potential is Russia. With an export gap of $108k.   Special Pharmaceuticals’s highest import potential is Germany with an import gap of $899k.

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