2022
Exports
$6.09MWorld Rnk 37 / 144
Flag Rnk 631 / 1200
2022
PRODUCT COMPLEXITY IN Liquid Fuel Furnaces
1.17Rnk 112 / 1025
2022
Imports
$59.2MWorld Rnk 11 / 209
Flag Rnk 462 / 1201
2022
ECONOMIC COMPLEXITY of Russia
0.43Rnk 47 / 133

About

Exports In 2022, Russia exported $6.09M in Liquid Fuel Furnaces, making it the 37th largest exporter of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 631st most exported product in Russia. The main destination of Liquid Fuel Furnaces exports from Russia are: Kazakhstan ($3.77M), Germany ($1.33M), Uzbekistan ($520k), Azerbaijan ($318k), and Estonia ($26.4k).

The fastest growing export markets for Liquid Fuel Furnaces of Russia between 2021 and 2022 were Germany ($1.2M), Azerbaijan ($272k), and Uzbekistan ($106k).

Imports In 2022, Russia imported $59.2M in Liquid Fuel Furnaces, becoming the 11th largest importer of Liquid Fuel Furnaces in the world. At the same year, Liquid Fuel Furnaces was the 462nd most imported product in Russia. Russia imports Liquid Fuel Furnaces primarily from: Italy ($16.9M), Turkey ($8.86M), China ($8.25M), Germany ($7.32M), and Finland ($4.49M).

The fastest growing import markets in Liquid Fuel Furnaces for Russia between 2021 and 2022 were Turkey ($7.39M), China ($4.73M), and Luxembourg ($3.84M).

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 Liquid Fuel Furnaces. 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)$6.09M
IMPORTS (2022)$59.2M
NET TRADE (2022)-$53.1M

In 2022, Russia exported $6.09M in Liquid Fuel Furnaces. The main destinations of Russia exports on Liquid Fuel Furnaces were Kazakhstan ($3.77M), Germany ($1.33M), Uzbekistan ($520k), Azerbaijan ($318k), and Estonia ($26.4k).

In 2022, Russia imported $59.2M in Liquid Fuel Furnaces, mainly from Italy ($16.9M), Turkey ($8.86M), China ($8.25M), Germany ($7.32M), and Finland ($4.49M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Liquid Fuel Furnaces EXPORT MARKETS FOR Russia WERE (2021 - 2022):
Germany$1.2M (895%)
Azerbaijan$272k (594%)
Uzbekistan$106k (25.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Liquid Fuel Furnaces BY Russia WERE (2021 - 2022):
Chinese Taipei-$1.39M (-100%)
Belarus-$1.12M (-100%)
Ukraine-$851k (-99%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Russia's main exporting competitors in Liquid Fuel Furnaces were:
In 2022, Russia's main importing competitors in Liquid Fuel Furnaces were:

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Trade Value of Liquid Fuel Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $396k
TOP IMPORT POTENTIALChina+ $5.49M

Liquid Fuel Furnaces’s highest export potential is Germany. With an export gap of $396k.   Liquid Fuel Furnaces’s highest import potential is China with an import gap of $5.49M.

See methodology.

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