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Pricing

2022
ExportsfalseWorld Rnk 82 / 198
Flag Rnk 197 / 945
2021 - 2022
FASTEST GROWING MARKET $1.56MRussia
2022
PRODUCT COMPLEXITY IN Air Conditioners0.55Rnk 346 / 1025
2022
Origin $11.5M China
2021 - 2022
FASTEST GROWING ORIGIN $11.5MChina
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.76M in Air Conditioners, making it the 82nd largest exporter of Air Conditioners in the world. At the same year, Air Conditioners was the 197th most exported product in Armenia. The main destination of Air Conditioners exports from Armenia are: Russia ($1.76M), Georgia ($1.1k), Hong Kong ($375), France ($94), and Portugal ($9).

The fastest growing export markets for Air Conditioners of Armenia between 2021 and 2022 were Russia ($1.56M), Hong Kong ($375), and Portugal ($9).

The fastest growing import markets in Air Conditioners for Armenia between 2021 and 2022 were China ($11.5M), Georgia ($3.48M), and Thailand ($868k).

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 Air Conditioners. 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)$1.76M

In 2022, Armenia exported $1.76M in Air Conditioners. The main destinations of Armenia exports on Air Conditioners were Russia ($1.76M), Georgia ($1.1k), Hong Kong ($375), France ($94), and Portugal ($9).

In N/A, Armenia imported N/A in Air Conditioners, mainly from China ($18.9M), Georgia ($4.58M), Thailand ($1.21M), Italy ($1.07M), and Russia ($956k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Air Conditioners EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$1.56M (793%)
Hong Kong$375 (1%)
Portugal$9 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Air Conditioners BY Armenia WERE (2021 - 2022):
Georgia-$10.4k (-90.5%)
France-$2.15k (-95.8%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Air Conditioners were:
China $23.1B
Thailand $7.26B
Mexico $6.1B
In 2022, Armenia's main importing competitors in Air Conditioners were:
United States $13.1B
Germany $2.75B
Japan $2.71B

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Trade Value of Air Conditioners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $151k
TOP IMPORT POTENTIALChina+ $4.18M

Air Conditioners’s highest export potential is Russia. With an export gap of $151k.   Air Conditioners’s highest import potential is China with an import gap of $4.18M.

See methodology.

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