The value of exports of commodity group 30 "Pharmaceutical products" from Azerbaijan totalled $ 14.7 million in 2023. Sales of commodity group 30 from Azerbaijan went up by 539% compared to 2022: exports of commodity group 30 "Pharmaceutical products" went up by $ 12.4 million (cumulative exports of commodity group 30 from Azerbaijan amounted $2.3 million in 2022)
Exports of commodity group 30 "Pharmaceutical products" amounted to 0.043% of total exports from Azerbaijan (cumulative merchandise exports from Azerbaijan totalled $ 33 billion in 2023). The share of commodity group 30 in total exports from Azerbaijan increased by 0.037 p.p. compared to 2022 (it was 0.006% in 2022 and cumulative exports from Azerbaijan were equal to $ 38 billion).
Top export destinations of "Pharmaceutical products" from Azerbaijan in 2023:
The value of imports of commodity group 30 "Pharmaceutical products" to Azerbaijan totalled $ 560 million in 2023. Sales of commodity group 30 to Azerbaijan decreased by 14.1% in value terms compared to 2022. imports of commodity group 30 "Pharmaceutical products" decreased by $ 92 million (the value of imports of commodity group 30 to Azerbaijan was equal to $652 million in 2022)
Imports of commodity group 30 "Pharmaceutical products" accounted for 3.24% of total import flow to Azerbaijan (in 2023, total imports to Azerbaijan amounted to $ 17.2 billion). The share of commodity group 30 in total imports to Azerbaijan decreased by 1.24 p.p. compared to 2022 (it was 4.49% in 2022 and cumulative imports to Azerbaijan were equal to $ 14.5 billion).
Top trading partners (import of "Pharmaceutical products") of Azerbaijan in 2023: