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Pricing

2022
Exports $44.1kWorld Rnk 110 / 213
Flag Rnk 452 / 848
2022
Destination $11.8k Russia
2021 - 2022
FASTEST GROWING MARKET $11.8kGeorgia
2022
PRODUCT COMPLEXITY IN Gaskets1.44Rnk 64 / 1025
2022
Imports $6.04MWorld Rnk 80 / 220
Flag Rnk 341 / 1162
2022
Origin $745kN/A
2021 - 2022
FASTEST GROWING ORIGIN $745kItaly
2022
ECONOMIC COMPLEXITY of Azerbaijan-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $44.1k in Gaskets, making it the 110th largest exporter of Gaskets in the world. At the same year, Gaskets was the 452nd most exported product in Azerbaijan. The main destination of Gaskets exports from Azerbaijan are: Russia ($22.3k), Georgia ($13.1k), United Kingdom ($3.9k), Belgium ($3.57k), and Turkmenistan ($1.14k).

The fastest growing export markets for Gaskets of Azerbaijan between 2021 and 2022 were Georgia ($11.8k), Russia ($6.48k), and United Kingdom ($3.9k).

Imports In 2022, Azerbaijan imported $6.04M in Gaskets, becoming the 80th largest importer of Gaskets in the world. At the same year, Gaskets was the 341st most imported product in Azerbaijan. Azerbaijan imports Gaskets primarily from: N/A.

The fastest growing import markets in Gaskets for Azerbaijan between 2021 and 2022 were Italy ($745k), Germany ($332k), and Turkey ($186k).

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 Gaskets. 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)$44.1k
IMPORTS (2022)$6.04M
NET TRADE (2022)-$6M

In 2022, Azerbaijan exported $44.1k in Gaskets. The main destinations of Azerbaijan exports on Gaskets were Russia ($22.3k), Georgia ($13.1k), United Kingdom ($3.9k), Belgium ($3.57k), and Turkmenistan ($1.14k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gaskets EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$11.8k (899%)
Russia$6.48k (41%)
United Kingdom$3.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gaskets BY Azerbaijan WERE (2021 - 2022):
Turkmenistan-$5.47k (-82.8%)
Egypt-$2.11k (-100%)
Turkey-$1.45k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Gaskets were:
Germany $824M
United States $757M
China $527M
In 2022, Azerbaijan's main importing competitors in Gaskets were:
United States $579M
China $299M
Germany $282M

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Trade Value of Gaskets by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $20.4k
TOP IMPORT POTENTIALGermany+ $679k

Gaskets’s highest export potential is Russia. With an export gap of $20.4k.   Gaskets’s highest import potential is Germany with an import gap of $679k.

See methodology.

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