2022
Exports
$1.02MWorld Rnk 69 / 170
Flag Rnk 169 / 848
2022
PRODUCT COMPLEXITY IN Utility Meters
0.046Rnk 536 / 1025
2022
Imports
$18MWorld Rnk 72 / 219
Flag Rnk 177 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.02M in Utility Meters, making it the 69th largest exporter of Utility Meters in the world. At the same year, Utility Meters was the 169th most exported product in Azerbaijan. The main destination of Utility Meters exports from Azerbaijan are: Kazakhstan ($368k), Georgia ($306k), Russia ($261k), Uzbekistan ($68.4k), and Turkey ($13k).

The fastest growing export markets for Utility Meters of Azerbaijan between 2021 and 2022 were Kazakhstan ($267k), Uzbekistan ($68.2k), and Georgia ($63.4k).

Imports In 2022, Azerbaijan imported $18M in Utility Meters, becoming the 72nd largest importer of Utility Meters in the world. At the same year, Utility Meters was the 177th most imported product in Azerbaijan. Azerbaijan imports Utility Meters primarily from: China ($13.4M), Turkey ($3.34M), Germany ($267k), Russia ($196k), and Slovakia ($184k).

The fastest growing import markets in Utility Meters for Azerbaijan between 2021 and 2022 were Poland ($79.7k), Slovakia ($67.1k), and Netherlands ($63.5k).

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 Utility Meters. 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)$1.02M
IMPORTS (2022)$18M
NET TRADE (2022)-$17M

In 2022, Azerbaijan exported $1.02M in Utility Meters. The main destinations of Azerbaijan exports on Utility Meters were Kazakhstan ($368k), Georgia ($306k), Russia ($261k), Uzbekistan ($68.4k), and Turkey ($13k).

In 2022, Azerbaijan imported $18M in Utility Meters, mainly from China ($13.4M), Turkey ($3.34M), Germany ($267k), Russia ($196k), and Slovakia ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Utility Meters EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Kazakhstan$267k (264%)
Uzbekistan$68.2k (32.5k%)
Georgia$63.4k (26.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Utility Meters BY Azerbaijan WERE (2021 - 2022):
Russia-$226k (-46.5%)
Turkey-$154k (-92.2%)
Austria-$152 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Utility Meters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $197k
TOP IMPORT POTENTIALTurkey+ $256k

Utility Meters’s highest export potential is Russia. With an export gap of $197k.   Utility Meters’s highest import potential is Turkey with an import gap of $256k.

See methodology.

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