2022
Exports
$260kWorld Rnk 111 / 194
Flag Rnk 298 / 848
2022
PRODUCT COMPLEXITY IN Spices
-1.63Rnk 964 / 1025
2022
Imports
$2.18MWorld Rnk 107 / 223
Flag Rnk 529 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $260k in Spices, making it the 111th largest exporter of Spices in the world. At the same year, Spices was the 298th most exported product in Azerbaijan. The main destination of Spices exports from Azerbaijan are: Russia ($204k), United Arab Emirates ($34.4k), Belarus ($10.2k), Uzbekistan ($7.38k), and Turkmenistan ($3.35k).

The fastest growing export markets for Spices of Azerbaijan between 2021 and 2022 were United Arab Emirates ($34.1k), Belarus ($10.2k), and Uzbekistan ($7.38k).

Imports In 2022, Azerbaijan imported $2.18M in Spices, becoming the 107th largest importer of Spices in the world. At the same year, Spices was the 529th most imported product in Azerbaijan. Azerbaijan imports Spices primarily from: Iran ($508k), Turkey ($394k), Syria ($328k), Netherlands ($205k), and United Arab Emirates ($169k).

The fastest growing import markets in Spices for Azerbaijan between 2021 and 2022 were Syria ($150k), China ($53.1k), and Austria ($49.8k).

Latest Trends

Aug 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 Spices. 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)$260k
IMPORTS (2022)$2.18M
NET TRADE (2022)-$1.92M

In 2022, Azerbaijan exported $260k in Spices. The main destinations of Azerbaijan exports on Spices were Russia ($204k), United Arab Emirates ($34.4k), Belarus ($10.2k), Uzbekistan ($7.38k), and Turkmenistan ($3.35k).

In 2022, Azerbaijan imported $2.18M in Spices, mainly from Iran ($508k), Turkey ($394k), Syria ($328k), Netherlands ($205k), and United Arab Emirates ($169k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spices EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
United Arab Emirates$34.1k (13.2k%)
Belarus$10.2k (1%)
Uzbekistan$7.38k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spices BY Azerbaijan WERE (2021 - 2022):
Russia-$94.3k (-31.6%)
Turkmenistan-$343 (-9.28%)
Kazakhstan-$53 (-14.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Spices were:
In 2022, Azerbaijan's main importing competitors in Spices were:

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Trade Value of Spices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $54.4k
TOP IMPORT POTENTIALIran+ $285k

Spices’s highest export potential is Russia. With an export gap of $54.4k.   Spices’s highest import potential is Iran with an import gap of $285k.

See methodology.

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