2022
Exports
$2.93MWorld Rnk 67 / 195
Flag Rnk 148 / 945
2022
PRODUCT COMPLEXITY IN Base Metal Watches
0.41Rnk 406 / 1025
2022
Imports
$10.4MWorld Rnk 92 / 220
Flag Rnk 168 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $2.93M in Base Metal Watches, making it the 67th largest exporter of Base Metal Watches in the world. At the same year, Base Metal Watches was the 148th most exported product in Armenia. The main destination of Base Metal Watches exports from Armenia are: Russia ($1.36M), Switzerland ($394k), Belarus ($338k), Latvia ($276k), and Singapore ($274k).

The fastest growing export markets for Base Metal Watches of Armenia between 2021 and 2022 were Russia ($1.36M), Belarus ($327k), and Singapore ($88.5k).

Imports In 2022, Armenia imported $10.4M in Base Metal Watches, becoming the 92nd largest importer of Base Metal Watches in the world. At the same year, Base Metal Watches was the 168th most imported product in Armenia. Armenia imports Base Metal Watches primarily from: Switzerland ($5.23M), China ($1.36M), Germany ($560k), Hong Kong ($537k), and Estonia ($459k).

The fastest growing import markets in Base Metal Watches for Armenia between 2021 and 2022 were Switzerland ($3.38M), Estonia ($459k), and Cyprus ($298k).

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 Base Metal Watches. 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)$2.93M
IMPORTS (2022)$10.4M
NET TRADE (2022)-$7.42M

In 2022, Armenia exported $2.93M in Base Metal Watches. The main destinations of Armenia exports on Base Metal Watches were Russia ($1.36M), Switzerland ($394k), Belarus ($338k), Latvia ($276k), and Singapore ($274k).

In 2022, Armenia imported $10.4M in Base Metal Watches, mainly from Switzerland ($5.23M), China ($1.36M), Germany ($560k), Hong Kong ($537k), and Estonia ($459k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Base Metal Watches EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$1.36M (34.8k%)
Belarus$327k (3.18k%)
Singapore$88.5k (47.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Base Metal Watches BY Armenia WERE (2021 - 2022):
Switzerland-$224k (-36.3%)
Latvia-$53.8k (-16.3%)
Australia-$28.9k (-76.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Base Metal Watches were:
In 2022, Armenia's main importing competitors in Base Metal Watches were:

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Trade Value of Base Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $158k
TOP IMPORT POTENTIALChina+ $841k

Base Metal Watches’s highest export potential is Singapore. With an export gap of $158k.   Base Metal Watches’s highest import potential is China with an import gap of $841k.

See methodology.

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