2022
Exports
$60kWorld Rnk 87 / 183
Flag Rnk 604 / 945
2022
PRODUCT COMPLEXITY IN Abrasive Powder
1.09Rnk 137 / 1025
2022
Imports
$1.58MWorld Rnk 108 / 224
Flag Rnk 476 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $60k in Abrasive Powder, making it the 87th largest exporter of Abrasive Powder in the world. At the same year, Abrasive Powder was the 604th most exported product in Armenia. The main destination of Abrasive Powder exports from Armenia are: Russia ($45k), Belarus ($13.7k), Georgia ($1.1k), and Italy ($220).

The fastest growing export markets for Abrasive Powder of Armenia between 2021 and 2022 were Russia ($37k), Belarus ($11k), and Georgia ($366).

Imports In 2022, Armenia imported $1.58M in Abrasive Powder, becoming the 108th largest importer of Abrasive Powder in the world. At the same year, Abrasive Powder was the 476th most imported product in Armenia. Armenia imports Abrasive Powder primarily from: Poland ($543k), Greece ($215k), China ($155k), Germany ($153k), and United Kingdom ($106k).

The fastest growing import markets in Abrasive Powder for Armenia between 2021 and 2022 were Poland ($263k), Greece ($119k), and Germany ($118k).

Latest Trends

Jul 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 Abrasive Powder. 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)$60k
IMPORTS (2022)$1.58M
NET TRADE (2022)-$1.52M

In 2022, Armenia exported $60k in Abrasive Powder. The main destinations of Armenia exports on Abrasive Powder were Russia ($45k), Belarus ($13.7k), Georgia ($1.1k), and Italy ($220).

In 2022, Armenia imported $1.58M in Abrasive Powder, mainly from Poland ($543k), Greece ($215k), China ($155k), Germany ($153k), and United Kingdom ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Abrasive Powder EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$37k (464%)
Belarus$11k (422%)
Georgia$366 (49.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Abrasive Powder BY Armenia WERE (2021 - 2022):
Iran-$1.18k (-100%)
Kazakhstan-$290 (-100%)
Finland-$125 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Abrasive Powder were:
In 2022, Armenia's main importing competitors in Abrasive Powder were:

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Trade Value of Abrasive Powder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $16.2k
TOP IMPORT POTENTIALChina+ $131k

Abrasive Powder’s highest export potential is Russia. With an export gap of $16.2k.   Abrasive Powder’s highest import potential is China with an import gap of $131k.

See methodology.

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