2022
Exports
$71.5kWorld Rnk 110 / 195
Flag Rnk 417 / 848
2022
PRODUCT COMPLEXITY IN Iron Stovetops
0.23Rnk 479 / 1025
2022
Imports
$16.3MWorld Rnk 85 / 221
Flag Rnk 191 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $71.5k in Iron Stovetops, making it the 110th largest exporter of Iron Stovetops in the world. At the same year, Iron Stovetops was the 417th most exported product in Azerbaijan. The main destination of Iron Stovetops exports from Azerbaijan are: Germany ($52k), Austria ($11k), Georgia ($5.47k), United States ($1.39k), and Russia ($882).

The fastest growing export markets for Iron Stovetops of Azerbaijan between 2021 and 2022 were Germany ($52k), Austria ($11k), and United States ($1.07k).

Imports In 2022, Azerbaijan imported $16.3M in Iron Stovetops, becoming the 85th largest importer of Iron Stovetops in the world. At the same year, Iron Stovetops was the 191st most imported product in Azerbaijan. Azerbaijan imports Iron Stovetops primarily from: Iran ($10.7M), Turkey ($2.64M), China ($2.02M), Slovenia ($172k), and Italy ($148k).

The fastest growing import markets in Iron Stovetops for Azerbaijan between 2021 and 2022 were Uzbekistan ($34.8k), United Kingdom ($15.8k), and Germany ($14.5k).

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 Iron Stovetops. 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)$71.5k
IMPORTS (2022)$16.3M
NET TRADE (2022)-$16.2M

In 2022, Azerbaijan exported $71.5k in Iron Stovetops. The main destinations of Azerbaijan exports on Iron Stovetops were Germany ($52k), Austria ($11k), Georgia ($5.47k), United States ($1.39k), and Russia ($882).

In 2022, Azerbaijan imported $16.3M in Iron Stovetops, mainly from Iran ($10.7M), Turkey ($2.64M), China ($2.02M), Slovenia ($172k), and Italy ($148k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Stovetops EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Germany$52k (1%)
Austria$11k (1%)
United States$1.07k (336%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Stovetops BY Azerbaijan WERE (2021 - 2022):
Georgia-$9.69k (-63.9%)
Seychelles-$1.43k (-100%)
South Korea-$350 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Iron Stovetops were:
China $6.52B
Italy $1.15B
In 2022, Azerbaijan's main importing competitors in Iron Stovetops were:

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Trade Value of Iron Stovetops by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $53.9k
TOP IMPORT POTENTIALChina+ $2.22M

Iron Stovetops’s highest export potential is Germany. With an export gap of $53.9k.   Iron Stovetops’s highest import potential is China with an import gap of $2.22M.

See methodology.

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