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2022
Exports $722MWorld Rnk 22 / 110
Flag Rnk 1 / 945
2022
Destination $11.7M China
2021 - 2022
FASTEST GROWING MARKET $11.7MRussia
2022
PRODUCT COMPLEXITY IN Copper Ore-1.94Rnk 995 / 1025
2022
Imports $10.6kWorld Rnk 74 / 117
Flag Rnk 1028 / 1142
2022
Origin $4.81k Brazil
2021 - 2022
FASTEST GROWING ORIGIN $4.81kBrazil
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $722M in Copper Ore, making it the 22nd largest exporter of Copper Ore in the world. At the same year, Copper Ore was the 1st most exported product in Armenia. The main destination of Copper Ore exports from Armenia are: China ($277M), Bulgaria ($206M), Switzerland ($161M), Spain ($58.1M), and Russia ($11.7M).

The fastest growing export markets for Copper Ore of Armenia between 2021 and 2022 were Russia ($11.7M), Bulgaria ($10.5M), and Iran ($4.59M).

Imports In 2022, Armenia imported $10.6k in Copper Ore, becoming the 74th largest importer of Copper Ore in the world. At the same year, Copper Ore was the 1028th most imported product in Armenia. Armenia imports Copper Ore primarily from: Brazil ($4.81k), Chile ($3.13k), and Serbia ($2.63k).

The fastest growing import markets in Copper Ore for Armenia between 2021 and 2022 were Brazil ($4.81k), Chile ($3.13k), and Serbia ($2.63k).

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 Ore. 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)$722M
IMPORTS (2022)$10.6k
NET TRADE (2022)$722M

In 2022, Armenia exported $722M in Copper Ore. The main destinations of Armenia exports on Copper Ore were China ($277M), Bulgaria ($206M), Switzerland ($161M), Spain ($58.1M), and Russia ($11.7M).

In 2022, Armenia imported $10.6k in Copper Ore, mainly from Brazil ($4.81k), Chile ($3.13k), and Serbia ($2.63k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Ore EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$11.7M (1%)
Bulgaria$10.5M (5.37%)
Iran$4.59M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Ore BY Armenia WERE (2021 - 2022):
Switzerland-$126M (-43.9%)
China-$8.99M (-3.14%)
South Korea-$8.08M (-100%)
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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 Copper Ore were:
Chile $22.8B
Peru $13.5B
Indonesia $8.89B
In 2022, Armenia's main importing competitors in Copper Ore were:
China $50.5B
Japan $12.4B
South Korea $6.27B

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Trade Value of Copper Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $101M
TOP IMPORT POTENTIALChile+ $8.45k

Copper Ore’s highest export potential is China. With an export gap of $101M.   Copper Ore’s highest import potential is Chile with an import gap of $8.45k.

See methodology.

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