2022
Exports
$3.44kWorld Rnk 119 / 155
Flag Rnk 664 / 848
2022
PRODUCT COMPLEXITY IN Safes
0.76Rnk 261 / 1025
2022
Imports
$707kWorld Rnk 105 / 216
Flag Rnk 727 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $3.44k in Safes, making it the 119th largest exporter of Safes in the world. At the same year, Safes was the 664th most exported product in Azerbaijan. The main destination of Safes exports from Azerbaijan are: Georgia ($2.76k), Spain ($200), Canada ($200), Australia ($100), and Iran ($80).

The fastest growing export markets for Safes of Azerbaijan between 2021 and 2022 were Georgia ($2.62k), Spain ($200), and Canada ($200).

Imports In 2022, Azerbaijan imported $707k in Safes, becoming the 105th largest importer of Safes in the world. At the same year, Safes was the 727th most imported product in Azerbaijan. Azerbaijan imports Safes primarily from: China ($177k), Italy ($127k), Turkey ($109k), South Korea ($80.1k), and Ukraine ($73.6k).

The fastest growing import markets in Safes for Azerbaijan between 2021 and 2022 were Vietnam ($34.6k), Turkey ($16.6k), and South Korea ($16.4k).

Latest Trends

Sep 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 Safes. 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)$3.44k
IMPORTS (2022)$707k
NET TRADE (2022)-$704k

In 2022, Azerbaijan exported $3.44k in Safes. The main destinations of Azerbaijan exports on Safes were Georgia ($2.76k), Spain ($200), Canada ($200), Australia ($100), and Iran ($80).

In 2022, Azerbaijan imported $707k in Safes, mainly from China ($177k), Italy ($127k), Turkey ($109k), South Korea ($80.1k), and Ukraine ($73.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Safes EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$2.62k (1.86k%)
Spain$200 (1%)
Canada$200 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Safes BY Azerbaijan WERE (2021 - 2022):
United Kingdom-$1.4k (-96.6%)
Kazakhstan-$280 (-100%)
Indonesia-$200 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Safes were:
In 2022, Azerbaijan's main importing competitors in Safes were:

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Trade Value of Safes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $612
TOP IMPORT POTENTIALChina+ $153k

Safes’s highest export potential is United States. With an export gap of $612.   Safes’s highest import potential is China with an import gap of $153k.

See methodology.

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