2022
Exports
$376kWorld Rnk 79 / 159
Flag Rnk 263 / 848
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$5.03MWorld Rnk 83 / 209
Flag Rnk 375 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $376k in Electric Furnaces, making it the 79th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 263rd most exported product in Azerbaijan. The main destination of Electric Furnaces exports from Azerbaijan are: Romania ($220k), Portugal ($122k), Russia ($22.7k), Turkey ($10.4k), and Finland ($421).

The fastest growing export markets for Electric Furnaces of Azerbaijan between 2021 and 2022 were Romania ($220k), Portugal ($122k), and Finland ($421).

Imports In 2022, Azerbaijan imported $5.03M in Electric Furnaces, becoming the 83rd largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 375th most imported product in Azerbaijan. Azerbaijan imports Electric Furnaces primarily from: Turkey ($2.63M), China ($678k), Ukraine ($437k), Germany ($314k), and Iran ($163k).

The fastest growing import markets in Electric Furnaces for Azerbaijan between 2021 and 2022 were Ukraine ($437k), Iran ($139k), and Finland ($53.8k).

Latest Trends

Mar 2024

Subnational Monthly Trade

View
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 Electric Furnaces. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$376k
IMPORTS (2022)$5.03M
NET TRADE (2022)-$4.66M

In 2022, Azerbaijan exported $376k in Electric Furnaces. The main destinations of Azerbaijan exports on Electric Furnaces were Romania ($220k), Portugal ($122k), Russia ($22.7k), Turkey ($10.4k), and Finland ($421).

In 2022, Azerbaijan imported $5.03M in Electric Furnaces, mainly from Turkey ($2.63M), China ($678k), Ukraine ($437k), Germany ($314k), and Iran ($163k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):
Romania$220k (1%)
Portugal$122k (1%)
Finland$421 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Azerbaijan WERE (2021 - 2022):
Netherlands-$35.5k (-100%)
Ghana-$14.8k (-100%)
Turkey-$9.6k (-48%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Azerbaijan's main exporting competitors in Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Azerbaijan's main importing competitors in Electric Furnaces were:

Explore Visualizations

Trade Value of Electric Furnaces by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with