Soldering and Welding Machinery in Armenia

EXPORTS (2018): $1.05M, World Rnk 48 / 131
Flag Rnk 120 / 703

TOP DESTINATION (2018): $1.05M, Russia

FASTEST GROWING MARKET (2017 - 2018): $28.3k, Russia

IMPORTS (2018): $54.2k, World Rnk 168 / 203
Flag Rnk 876 / 1072

TOP ORIGIN (2018): $20.4k, Russia

FASTEST GROWING ORIGIN (2017 - 2018): $7.85k, China

ECONOMIC COMPLEXITY of Armenia (2018): -0.24, Rnk 78 / 137

PRODUCT COMPLEXITY  IN Soldering and Welding Machinery (2018): 1.23, Rnk 96 / 1018

Overview: This page contains the latest trade data of Soldering and Welding Machinery in Armenia.

Exports: In 2018, Armenia exported $1.05M in Soldering and Welding Machinery, making it the 48th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 120th most exported product in Armenia. The main destination of Soldering and Welding Machinery exports from Armenia are: Russia ($1.05M) and Georgia ($4.36k).

The fastest growing export markets for Soldering and Welding Machinery of Armenia between 2017 and 2018 were Russia ($28.3k) and Georgia ($4.36k).

Imports: In 2018, Armenia imported $54.2k in Soldering and Welding Machinery, becoming the 168th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 876th most imported product in Armenia. Armenia imports Soldering and Welding Machinery primarily from: Russia ($20.4k), China ($9.76k), Italy ($4.95k), United Arab Emirates ($4.92k), and Netherlands ($3.6k).

The fastest growing import markets in Soldering and Welding Machinery for Armenia between 2017 and 2018 were China ($7.85k), Russia ($7.35k), and United Arab Emirates ($4.92k).

Value

EXPORTS (2018): $1.05M

IMPORTS (2018): $54.2k

NET TRADE (2018): $1M

In 2018, Armenia exported $1.05M in Soldering and Welding Machinery. The main destinations of Armenia exports on Soldering and Welding Machinery were Russia ($1.05M) and Georgia ($4.36k).

In 2018, Armenia imported $54.2k in Soldering and Welding Machinery, mainly from Russia ($20.4k), China ($9.76k), Italy ($4.95k), United Arab Emirates ($4.92k), and Netherlands ($3.6k).

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IN 2018, Armenia HAD A POSITIVE NET TRADE IN Soldering and Welding Machinery WITH:

  • Russia, $1.03M ($1.05M - $20.4k)
  • Georgia, $801 ($4.36k - $3.55k)

IN 2018, Armenia HAD A NEGATIVE NET TRADE IN Soldering and Welding Machinery WITH:

  • China, -$9.76k ($0 - $9.76k)
  • Italy, -$4.95k ($0 - $4.95k)
  • United Arab Emirates, -$4.92k ($0 - $4.92k)
Flow

THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Armenia WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Armenia WERE (2017 - 2018):: Moldova, -$5.49k (-100%)

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Market Concentration

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Flow
Type

In 2018, Armenia's main exporting competitors in Soldering and Welding Machinery were:

In 2018, Armenia's main importing competitors in Soldering and Welding Machinery were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Soldering and Welding Machinery in Armenia. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Soldering and Welding Machinery in the imports of Armenia were of 0% around the world.

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