2022
Exports
$1.09MWorld Rnk 86 / 184
Flag Rnk 165 / 848
2022
PRODUCT COMPLEXITY IN Building Stone
-1.09Rnk 852 / 1025
2022
Imports
$24MWorld Rnk 64 / 220
Flag Rnk 147 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $1.09M in Building Stone, making it the 86th largest exporter of Building Stone in the world. At the same year, Building Stone was the 165th most exported product in Azerbaijan. The main destination of Building Stone exports from Azerbaijan are: Georgia ($1.03M), Russia ($39.3k), Turkey ($9.61k), Kazakhstan ($5.13k), and Uzbekistan ($2.8k).

The fastest growing export markets for Building Stone of Azerbaijan between 2021 and 2022 were Georgia ($514k), Russia ($22.6k), and Kazakhstan ($5.13k).

Imports In 2022, Azerbaijan imported $24M in Building Stone, becoming the 64th largest importer of Building Stone in the world. At the same year, Building Stone was the 147th most imported product in Azerbaijan. Azerbaijan imports Building Stone primarily from: Iran ($8.57M), Turkey ($7.34M), India ($5.13M), Ukraine ($1.13M), and Italy ($716k).

The fastest growing import markets in Building Stone for Azerbaijan between 2021 and 2022 were Turkey ($4.02M), India ($1.18M), and Italy ($275k).

Historical Data

Trade Balance

Color
EXPORTS (2022)$1.09M
IMPORTS (2022)$24M
NET TRADE (2022)-$22.9M

In 2022, Azerbaijan exported $1.09M in Building Stone. The main destinations of Azerbaijan exports on Building Stone were Georgia ($1.03M), Russia ($39.3k), Turkey ($9.61k), Kazakhstan ($5.13k), and Uzbekistan ($2.8k).

In 2022, Azerbaijan imported $24M in Building Stone, mainly from Iran ($8.57M), Turkey ($7.34M), India ($5.13M), Ukraine ($1.13M), and Italy ($716k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Building Stone EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$514k (99.7%)
Russia$22.6k (135%)
Kazakhstan$5.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Building Stone BY Azerbaijan WERE (2021 - 2022):
Iraq-$265k (-100%)
Tajikistan-$54.3k (-100%)
United States-$28.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Azerbaijan's main exporting competitors in Building Stone were:
China $3.87B
Italy $1.71B
India $1.51B
In 2022, Azerbaijan's main importing competitors in Building Stone were:

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Trade Value of Building Stone by Exporters

Potential Exports

Potential Exports

Flow
View
N/AN/AN/A
TOP IMPORT POTENTIALIndia+ $2.16M

Building Stone’s highest export potential is N/A. With an export gap of N/A.   Building Stone’s highest import potential is India with an import gap of $2.16M.

See methodology.

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