2023
Exports
$17.8kWorld Rnk 104 / 135
Flag Rnk 546 / 841
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$292MWorld Rnk 50 / 195
Flag Rnk 7 / 1170
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $17.8k in Wheat, making it the 104th largest exporter of Wheat in the world. At the same year, Wheat was the 546th most exported product in Azerbaijan. The main destination of Wheat exports from Azerbaijan are: Turkey ($17.8k).

The fastest growing export markets for Wheat of Azerbaijan between 2022 and 2023 were Turkey ($2.05k).

Imports In 2023, Azerbaijan imported $292M in Wheat, becoming the 50th largest importer of Wheat in the world. At the same year, Wheat was the 7th most imported product in Azerbaijan. Azerbaijan imports Wheat primarily from: Russia ($252M), Kazakhstan ($39.3M), Turkey ($573k), Austria ($212k), and Georgia ($11.4k).

The fastest growing import markets in Wheat for Azerbaijan between 2022 and 2023 were Austria ($179k), Turkey ($26.2k), and Georgia ($11.4k).

Latest Trends

Dec 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 Wheat. 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 (2023)$17.8k
IMPORTS (2023)$292M
NET TRADE (2023)-$292M

In 2023, Azerbaijan exported $17.8k in Wheat. The main destinations of Azerbaijan exports on Wheat were Turkey ($17.8k).

In 2023, Azerbaijan imported $292M in Wheat, mainly from Russia ($252M), Kazakhstan ($39.3M), Turkey ($573k), Austria ($212k), and Georgia ($11.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):Turkey$2.05k (13%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Wheat were:
In 2023, Azerbaijan's main importing competitors in Wheat were:

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $40.8k
TOP IMPORT POTENTIALTurkey+ $1.05M

Wheat’s highest export potential is Turkey. With an export gap of $40.8k.   Wheat’s highest import potential is Turkey with an import gap of $1.05M.

See methodology.

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