2023
Exports
$12.2kWorld Rnk 87 / 144
Flag Rnk 569 / 841
2023
PRODUCT COMPLEXITY IN Tool Plates
1.73Rnk 20 / 1025
2023
Imports
$835kWorld Rnk 74 / 191
Flag Rnk 718 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $12.2k in Tool Plates, making it the 87th largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 569th most exported product in Azerbaijan. The main destination of Tool Plates exports from Azerbaijan are: Turkey ($5.84k), Algeria ($4.27k), Germany ($1.28k), Gabon ($735), and Saudi Arabia ($116).

The fastest growing export markets for Tool Plates of Azerbaijan between 2022 and 2023 were Turkey ($5.84k), Algeria ($4.27k), and Germany ($1.28k).

Imports In 2023, Azerbaijan imported $835k in Tool Plates, becoming the 74th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 718th most imported product in Azerbaijan. Azerbaijan imports Tool Plates primarily from: Turkey ($163k), China ($151k), South Korea ($96.6k), United Arab Emirates ($86.5k), and Russia ($53.7k).

The fastest growing import markets in Tool Plates for Azerbaijan between 2022 and 2023 were China ($83.5k), United Arab Emirates ($80.8k), and South Korea ($50.8k).

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 Tool Plates. 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)$12.2k
IMPORTS (2023)$835k
NET TRADE (2023)-$823k

In 2023, Azerbaijan exported $12.2k in Tool Plates. The main destinations of Azerbaijan exports on Tool Plates were Turkey ($5.84k), Algeria ($4.27k), Germany ($1.28k), Gabon ($735), and Saudi Arabia ($116).

In 2023, Azerbaijan imported $835k in Tool Plates, mainly from Turkey ($163k), China ($151k), South Korea ($96.6k), United Arab Emirates ($86.5k), and Russia ($53.7k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
Turkey$5.84k (1%)
Algeria$4.27k (1%)
Germany$1.28k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Azerbaijan WERE (2022 - 2023):
Saudi Arabia-$563 (-82.9%)
Italy-$41 (-100%)
United Kingdom-$16 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Azerbaijan's main exporting competitors in Tool Plates were:
Germany $1.01B
Japan $874M
China $695M
In 2023, Azerbaijan's main importing competitors in Tool Plates were:

Explore Visualizations

Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $683
TOP IMPORT POTENTIALChina+ $69.5k

Tool Plates’s highest export potential is United States. With an export gap of $683.   Tool Plates’s highest import potential is China with an import gap of $69.5k.

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