2022
Exports
$603kWorld Rnk 118 / 221
Flag Rnk 212 / 848
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.17Rnk 874 / 1025
2022
Imports
$24.8MWorld Rnk 98 / 225
Flag Rnk 143 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $603k in Non-Knit Men's Suits, making it the 118th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 212th most exported product in Azerbaijan. The main destination of Non-Knit Men's Suits exports from Azerbaijan are: Turkey ($529k), United Kingdom ($26.9k), Georgia ($14.9k), Russia ($11.9k), and Spain ($7.45k).

The fastest growing export markets for Non-Knit Men's Suits of Azerbaijan between 2021 and 2022 were Turkey ($528k), Spain ($3.67k), and Georgia ($2.56k).

Imports In 2022, Azerbaijan imported $24.8M in Non-Knit Men's Suits, becoming the 98th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 143rd most imported product in Azerbaijan. Azerbaijan imports Non-Knit Men's Suits primarily from: Turkey ($8.29M), China ($3.99M), Italy ($3.08M), Bangladesh ($1.73M), and Germany ($1.48M).

The fastest growing import markets in Non-Knit Men's Suits for Azerbaijan between 2021 and 2022 were China ($2.22M), Italy ($693k), and Bangladesh ($516k).

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 Non-Knit Men's Suits. 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)$603k
IMPORTS (2022)$24.8M
NET TRADE (2022)-$24.2M

In 2022, Azerbaijan exported $603k in Non-Knit Men's Suits. The main destinations of Azerbaijan exports on Non-Knit Men's Suits were Turkey ($529k), United Kingdom ($26.9k), Georgia ($14.9k), Russia ($11.9k), and Spain ($7.45k).

In 2022, Azerbaijan imported $24.8M in Non-Knit Men's Suits, mainly from Turkey ($8.29M), China ($3.99M), Italy ($3.08M), Bangladesh ($1.73M), and Germany ($1.48M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Turkey$528k (40.3k%)
Spain$3.67k (97.2%)
Georgia$2.56k (20.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Azerbaijan WERE (2021 - 2022):
Jordan-$31k (-100%)
Russia-$3.94k (-24.9%)
Kazakhstan-$3.31k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Azerbaijan's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALTurkey+ $203k
TOP IMPORT POTENTIALChina+ $3.12M

Non-Knit Men's Suits’s highest export potential is Turkey. With an export gap of $203k.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $3.12M.

See methodology.

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