Key Market Indicators
In 2019, Azerbaijan's import of clothing accessories plummeted to approximately $7,000, marking a staggering 77% decline from the previous year's figure of $30,500. This sharp drop reflects a broader trend of decreasing demand in the nation, which has seen an average yearly decline of 35% in clothing accessory imports since 2003. On the export front, Azerbaijan saw a significant increase in 2016. The country's clothing accessory exports surged to nearly $30, up from just $10 in 2015, highlighting a notable improvement in this sector within a year.