2022
Exports
$15.6kWorld Rnk 92 / 122
Flag Rnk 555 / 848
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$2.28MWorld Rnk 85 / 191
Flag Rnk 521 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $15.6k in Steam Turbines, making it the 92nd largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 555th most exported product in Azerbaijan. The main destination of Steam Turbines exports from Azerbaijan are: Georgia ($14.3k) and Senegal ($1.35k).

The fastest growing export markets for Steam Turbines of Azerbaijan between 2021 and 2022 were Georgia ($14.3k) and Senegal ($1.35k).

Imports In 2022, Azerbaijan imported $2.28M in Steam Turbines, becoming the 85th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 521st most imported product in Azerbaijan. Azerbaijan imports Steam Turbines primarily from: China ($799k), Czechia ($783k), Germany ($481k), United Arab Emirates ($108k), and Japan ($64.3k).

The fastest growing import markets in Steam Turbines for Azerbaijan between 2021 and 2022 were China ($799k), Czechia ($783k), and Germany ($481k).

Latest Trends

Nov 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 Steam Turbines. 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)$15.6k
IMPORTS (2022)$2.28M
NET TRADE (2022)-$2.26M

In 2022, Azerbaijan exported $15.6k in Steam Turbines. The main destinations of Azerbaijan exports on Steam Turbines were Georgia ($14.3k) and Senegal ($1.35k).

In 2022, Azerbaijan imported $2.28M in Steam Turbines, mainly from China ($799k), Czechia ($783k), Germany ($481k), United Arab Emirates ($108k), and Japan ($64.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Georgia$14.3k (1%)
Senegal$1.35k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Steam Turbines BY Azerbaijan WERE (2021 - 2022):
Iran-$780k (-100%)
Czechia-$476k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $629
TOP IMPORT POTENTIALChina+ $256k

Steam Turbines’s highest export potential is Turkey. With an export gap of $629.   Steam Turbines’s highest import potential is China with an import gap of $256k.

See methodology.

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