2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

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The fastest growing export markets for Time Recording Instruments of Azerbaijan between 2021 and 2022 were Georgia ($706k), United Kingdom ($68), and Russia ($35).

Latest Trends

Jul 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 Time Recording Instruments. 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

In N/A, Azerbaijan imported N/A in Time Recording Instruments, mainly from China ($19.3k), Turkey ($16.4k), Netherlands ($14.7k), Georgia ($11.3k), and United Arab Emirates ($10.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Recording Instruments EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$706k (785k%)
Russia$35 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Recording Instruments BY Azerbaijan WERE (2021 - 2022):United Arab Emirates-$19.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Azerbaijan's main exporting competitors in Time Recording Instruments were:

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Trade Value of Time Recording Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $341
TOP IMPORT POTENTIALChina+ $21.8k

Time Recording Instruments’s highest export potential is United States. With an export gap of $341.   Time Recording Instruments’s highest import potential is China with an import gap of $21.8k.

See methodology.

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