2022
Exports
$59.5kWorld Rnk 81 / 175
Flag Rnk 605 / 945
2022
PRODUCT COMPLEXITY IN Copper Fasteners
1.39Rnk 71 / 1025
2022
Imports
$373kWorld Rnk 109 / 221
Flag Rnk 734 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $59.5k in Copper Fasteners, making it the 81st largest exporter of Copper Fasteners in the world. At the same year, Copper Fasteners was the 605th most exported product in Armenia. The main destination of Copper Fasteners exports from Armenia are: Russia ($58.1k), Georgia ($818), Belarus ($400), Denmark ($120), and Belgium ($68).

The fastest growing export markets for Copper Fasteners of Armenia between 2021 and 2022 were Russia ($52.2k), Georgia ($818), and Belarus ($400).

Imports In 2022, Armenia imported $373k in Copper Fasteners, becoming the 109th largest importer of Copper Fasteners in the world. At the same year, Copper Fasteners was the 734th most imported product in Armenia. Armenia imports Copper Fasteners primarily from: China ($137k), India ($34.2k), Russia ($27.9k), Germany ($26.5k), and United States ($19.8k).

The fastest growing import markets in Copper Fasteners for Armenia between 2021 and 2022 were India ($33.1k), Germany ($20.4k), and United States ($17.7k).

Latest Trends

Oct 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 Copper Fasteners. 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)$59.5k
IMPORTS (2022)$373k
NET TRADE (2022)-$313k

In 2022, Armenia exported $59.5k in Copper Fasteners. The main destinations of Armenia exports on Copper Fasteners were Russia ($58.1k), Georgia ($818), Belarus ($400), Denmark ($120), and Belgium ($68).

In 2022, Armenia imported $373k in Copper Fasteners, mainly from China ($137k), India ($34.2k), Russia ($27.9k), Germany ($26.5k), and United States ($19.8k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Fasteners EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$52.2k (894%)
Georgia$818 (1%)
Belarus$400 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Fasteners BY Armenia WERE (2021 - 2022):
Kyrgyzstan-$635 (-100%)
China-$43 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Copper Fasteners were:
In 2022, Armenia's main importing competitors in Copper Fasteners were:

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Trade Value of Copper Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1k
TOP IMPORT POTENTIALChina+ $43.9k

Copper Fasteners’s highest export potential is United States. With an export gap of $1k.   Copper Fasteners’s highest import potential is China with an import gap of $43.9k.

See methodology.

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