2022
Exports
$3.03MWorld Rnk 57 / 179
Flag Rnk 143 / 945
2022
PRODUCT COMPLEXITY IN Dental Products
0.11Rnk 518 / 1025
2022
Imports
$5.81MWorld Rnk 110 / 222
Flag Rnk 249 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $3.03M in Dental Products, making it the 57th largest exporter of Dental Products in the world. At the same year, Dental Products was the 143rd most exported product in Armenia. The main destination of Dental Products exports from Armenia are: Russia ($2.99M), Kazakhstan ($15.2k), United States ($11.2k), Ukraine ($6.66k), and Georgia ($4.6k).

The fastest growing export markets for Dental Products of Armenia between 2021 and 2022 were Russia ($1.75M), United States ($11.2k), and Kazakhstan ($7.67k).

Imports In 2022, Armenia imported $5.81M in Dental Products, becoming the 110th largest importer of Dental Products in the world. At the same year, Dental Products was the 249th most imported product in Armenia. Armenia imports Dental Products primarily from: China ($1.09M), Germany ($748k), Hungary ($720k), Russia ($718k), and Switzerland ($538k).

The fastest growing import markets in Dental Products for Armenia between 2021 and 2022 were Germany ($665k), Switzerland ($534k), and Hungary ($237k).

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 Dental Products. 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)$3.03M
IMPORTS (2022)$5.81M
NET TRADE (2022)-$2.78M

In 2022, Armenia exported $3.03M in Dental Products. The main destinations of Armenia exports on Dental Products were Russia ($2.99M), Kazakhstan ($15.2k), United States ($11.2k), Ukraine ($6.66k), and Georgia ($4.6k).

In 2022, Armenia imported $5.81M in Dental Products, mainly from China ($1.09M), Germany ($748k), Hungary ($720k), Russia ($718k), and Switzerland ($538k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Dental Products EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$1.75M (142%)
United States$11.2k (1%)
Kazakhstan$7.67k (102%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Dental Products BY Armenia WERE (2021 - 2022):
Iran-$10.6k (-100%)
Belgium-$518 (-53.1%)
Moldova-$229 (-64.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Dental Products were:
In 2022, Armenia's main importing competitors in Dental Products were:

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Trade Value of Dental Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $51.5k
TOP IMPORT POTENTIALGermany+ $207k

Dental Products’s highest export potential is United States. With an export gap of $51.5k.   Dental Products’s highest import potential is Germany with an import gap of $207k.

See methodology.

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