2023
Exports
$6.4MWorld Rnk 131 / 223
Flag Rnk 17 / 21
2023
PRODUCT COMPLEXITY IN Wood Products
0.31Rnk 454 / 1025
2023
Imports
$387MWorld Rnk 55 / 226
Flag Rnk 12 / 21
2023
ECONOMIC COMPLEXITY of Azerbaijan
-0.43Rnk 84 / 132

About

Exports In 2023, Azerbaijan exported $6.4M in Wood Products, making it the 131st largest exporter of Wood Products in the world. At the same year, Wood Products was the 17th most exported product in Azerbaijan. The main destination of Wood Products exports from Azerbaijan are: Georgia ($1.57M), United States ($1.52M), Turkey ($1.51M), Moldova ($559k), and Italy ($336k).

The fastest growing export markets for Wood Products of Azerbaijan between 2022 and 2023 were United States ($1.42M), Moldova ($559k), and Georgia ($273k).

Imports In 2023, Azerbaijan imported $387M in Wood Products, becoming the 55th largest importer of Wood Products in the world. At the same year, Wood Products was the 12th most imported product in Azerbaijan. Azerbaijan imports Wood Products primarily from: Russia ($198M), Belarus ($137M), Turkey ($29.9M), China ($6.39M), and Italy ($4.24M).

The fastest growing import markets in Wood Products for Azerbaijan between 2022 and 2023 were Belarus ($56.3M), Italy ($2.15M), and Austria ($365k).

Latest Trends

Jan 2025

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 Wood Products. 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)$6.4M
IMPORTS (2023)$387M
NET TRADE (2023)-$380M

In 2023, Azerbaijan exported $6.4M in Wood Products. The main destinations of Azerbaijan exports on Wood Products were Georgia ($1.57M), United States ($1.52M), Turkey ($1.51M), Moldova ($559k), and Italy ($336k).

In 2023, Azerbaijan imported $387M in Wood Products, mainly from Russia ($198M), Belarus ($137M), Turkey ($29.9M), China ($6.39M), and Italy ($4.24M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wood Products EXPORT MARKETS FOR Azerbaijan WERE (2022 - 2023):
United States$1.42M (1.34k%)
Moldova$559k (1%)
Georgia$273k (21.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Products BY Azerbaijan WERE (2022 - 2023):
Iran-$1.17M (-88.2%)
Turkey-$165k (-9.89%)
United Arab Emirates-$134k (-99.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Azerbaijan's main exporting competitors in Wood Products were:
China $15.6B
Canada $13.6B
Germany $10.8B
In 2023, Azerbaijan's main importing competitors in Wood Products were:

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Trade Value of Wood Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $355k
TOP IMPORT POTENTIALChina+ $5.45M

Wood Products’s highest export potential is United States. With an export gap of $355k.   Wood Products’s highest import potential is China with an import gap of $5.45M.

See methodology.

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