2022
Exports
$15.6kWorld Rnk 88 / 124
Flag Rnk 556 / 848
2022
PRODUCT COMPLEXITY IN Central Heating Boilers
0.63Rnk 301 / 1025
2022
Imports
$24.7MWorld Rnk 37 / 192
Flag Rnk 144 / 1162
2022
ECONOMIC COMPLEXITY of Azerbaijan
-0.44Rnk 83 / 133

About

Exports In 2022, Azerbaijan exported $15.6k in Central Heating Boilers, making it the 88th largest exporter of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 556th most exported product in Azerbaijan. The main destination of Central Heating Boilers exports from Azerbaijan are: Georgia ($10.1k) and Uzbekistan ($5.45k).

The fastest growing export markets for Central Heating Boilers of Azerbaijan between 2021 and 2022 were Uzbekistan ($5.45k).

Imports In 2022, Azerbaijan imported $24.7M in Central Heating Boilers, becoming the 37th largest importer of Central Heating Boilers in the world. At the same year, Central Heating Boilers was the 144th most imported product in Azerbaijan. Azerbaijan imports Central Heating Boilers primarily from: Turkey ($8.85M), China ($8.7M), Slovakia ($3.05M), Italy ($1.96M), and Georgia ($367k).

The fastest growing import markets in Central Heating Boilers for Azerbaijan between 2021 and 2022 were Germany ($146k), Iran ($111k), and Kazakhstan ($57.1k).

Latest Trends

Sep 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 Central Heating Boilers. 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)$24.7M
NET TRADE (2022)-$24.7M

In 2022, Azerbaijan exported $15.6k in Central Heating Boilers. The main destinations of Azerbaijan exports on Central Heating Boilers were Georgia ($10.1k) and Uzbekistan ($5.45k).

In 2022, Azerbaijan imported $24.7M in Central Heating Boilers, mainly from Turkey ($8.85M), China ($8.7M), Slovakia ($3.05M), Italy ($1.96M), and Georgia ($367k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Central Heating Boilers EXPORT MARKETS FOR Azerbaijan WERE (2021 - 2022):Uzbekistan$5.45k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Central Heating Boilers BY Azerbaijan WERE (2021 - 2022):
Germany-$58.6k (-100%)
Georgia-$24.1k (-70.4%)
Russia-$7.4k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Azerbaijan's main exporting competitors in Central Heating Boilers were:
Germany $1.38B
Austria $1.26B
Italy $1.03B
In 2022, Azerbaijan's main importing competitors in Central Heating Boilers were:
Germany $1.74B
Italy $636M

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Trade Value of Central Heating Boilers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $4.36k
TOP IMPORT POTENTIALTurkey+ $927k

Central Heating Boilers’s highest export potential is Georgia. With an export gap of $4.36k.   Central Heating Boilers’s highest import potential is Turkey with an import gap of $927k.

See methodology.

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