2022
Exports
$5.91kWorld Rnk 156 / 183
Flag Rnk 634 / 848
2022
PRODUCT COMPLEXITY IN Therapeutic Appliances
0.48Rnk 372 / 1025
2022
Imports
$4.01MWorld Rnk 110 / 221
Flag Rnk 412 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $5.91k in Therapeutic Appliances, making it the 156th largest exporter of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 634th most exported product in Azerbaijan. The main destination of Therapeutic Appliances exports from Azerbaijan are: Oman ($5.69k), Turkey ($115), Kuwait ($50), Russia ($34), and Kazakhstan ($21).

The fastest growing export markets for Therapeutic Appliances of Azerbaijan between 2021 and 2022 were Oman ($5.69k), Kuwait ($50), and Turkey ($35).

Imports In 2022, Azerbaijan imported $4.01M in Therapeutic Appliances, becoming the 110th largest importer of Therapeutic Appliances in the world. At the same year, Therapeutic Appliances was the 412th most imported product in Azerbaijan. Azerbaijan imports Therapeutic Appliances primarily from: Turkey ($1.58M), China ($1.06M), Germany ($416k), Italy ($179k), and Switzerland ($164k).

The fastest growing import markets in Therapeutic Appliances for Azerbaijan between 2021 and 2022 were Turkey ($597k), Israel ($45.2k), and Iran ($36.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Therapeutic Appliances. 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)$5.91k
IMPORTS (2022)$4.01M
NET TRADE (2022)-$4M

In 2022, Azerbaijan exported $5.91k in Therapeutic Appliances. The main destinations of Azerbaijan exports on Therapeutic Appliances were Oman ($5.69k), Turkey ($115), Kuwait ($50), Russia ($34), and Kazakhstan ($21).

In 2022, Azerbaijan imported $4.01M in Therapeutic Appliances, mainly from Turkey ($1.58M), China ($1.06M), Germany ($416k), Italy ($179k), and Switzerland ($164k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Therapeutic Appliances EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Oman$5.69k (1%)
Kuwait$50 (1%)
Turkey$35 (43.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Therapeutic Appliances BY Azerbaijan WERE (2021 - 2022):
Hong Kong-$59k (-100%)
China-$58.8k (-100%)
United States-$5.82k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Therapeutic Appliances by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.24k
TOP IMPORT POTENTIALChina+ $1.59M

Therapeutic Appliances’s highest export potential is United States. With an export gap of $1.24k.   Therapeutic Appliances’s highest import potential is China with an import gap of $1.59M.

See methodology.

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