2022
Exports
$197kWorld Rnk 130 / 226
Flag Rnk 326 / 848
2022
PRODUCT COMPLEXITY IN Knit T-shirts
-1.34Rnk 921 / 1025
2022
Imports
$20.1MWorld Rnk 102 / 223
Flag Rnk 169 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $197k in Knit T-shirts, making it the 130th largest exporter of Knit T-shirts in the world. At the same year, Knit T-shirts was the 326th most exported product in Azerbaijan. The main destination of Knit T-shirts exports from Azerbaijan are: Turkey ($113k), Thailand ($53.4k), Georgia ($10.1k), Italy ($5.77k), and Croatia ($3.55k).

The fastest growing export markets for Knit T-shirts of Azerbaijan between 2021 and 2022 were Turkey ($111k), Thailand ($53.4k), and Georgia ($7.57k).

Imports In 2022, Azerbaijan imported $20.1M in Knit T-shirts, becoming the 102nd largest importer of Knit T-shirts in the world. At the same year, Knit T-shirts was the 169th most imported product in Azerbaijan. Azerbaijan imports Knit T-shirts primarily from: Turkey ($7.84M), Bangladesh ($3.01M), Germany ($1.47M), Italy ($1.42M), and China ($1.22M).

The fastest growing import markets in Knit T-shirts for Azerbaijan between 2021 and 2022 were Bangladesh ($1.04M), Spain ($320k), and Hong Kong ($313k).

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 Knit T-shirts. 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)$197k
IMPORTS (2022)$20.1M
NET TRADE (2022)-$19.9M

In 2022, Azerbaijan exported $197k in Knit T-shirts. The main destinations of Azerbaijan exports on Knit T-shirts were Turkey ($113k), Thailand ($53.4k), Georgia ($10.1k), Italy ($5.77k), and Croatia ($3.55k).

In 2022, Azerbaijan imported $20.1M in Knit T-shirts, mainly from Turkey ($7.84M), Bangladesh ($3.01M), Germany ($1.47M), Italy ($1.42M), and China ($1.22M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit T-shirts EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$111k (5.49k%)
Thailand$53.4k (1%)
Georgia$7.57k (303%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit T-shirts BY Azerbaijan WERE (2021 - 2022):
Jordan-$20k (-100%)
Russia-$7.42k (-100%)
Senegal-$5.39k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Knit T-shirts were:
In 2022, Azerbaijan's main importing competitors in Knit T-shirts were:

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Trade Value of Knit T-shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $106k
TOP IMPORT POTENTIALBangladesh+ $3.71M

Knit T-shirts’s highest export potential is Turkey. With an export gap of $106k.   Knit T-shirts’s highest import potential is Bangladesh with an import gap of $3.71M.

See methodology.

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