Gas Turbines in Armenia | The Observatory of Economic Complexity

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Exports In 2022, Armenia exported $1.23M in Gas Turbines, making it the 111th largest exporter of Gas Turbines in the world. At the same year, Gas Turbines was the 234th most exported product in Armenia. The main destination of Gas Turbines exports from Armenia are: Russia ($942k), Brazil ($285k), and United Kingdom ($251).

The fastest growing export markets for Gas Turbines of Armenia between 2021 and 2022 were Brazil ($285k) and United Kingdom ($251).

Imports In 2022, Armenia imported $18M in Gas Turbines, becoming the 102nd largest importer of Gas Turbines in the world. At the same year, Gas Turbines was the 107th most imported product in Armenia. Armenia imports Gas Turbines primarily from: Switzerland ($13.6M), United States ($1.91M), United Kingdom ($1.51M), Croatia ($527k), and Italy ($150k).

The fastest growing import markets in Gas Turbines for Armenia between 2021 and 2022 were Switzerland ($13.6M), United States ($1.87M), and United Kingdom ($1.51M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Gas Turbines from Armenia to the United States.

Feb 2024

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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 Gas Turbines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.23M

IMPORTS (2022)$18M

NET TRADE (2022)-$16.8M

In 2022, Armenia exported $1.23M in Gas Turbines. The main destinations of Armenia exports on Gas Turbines were Russia ($942k), Brazil ($285k), and United Kingdom ($251).

In 2022, Armenia imported $18M in Gas Turbines, mainly from Switzerland ($13.6M), United States ($1.91M), United Kingdom ($1.51M), Croatia ($527k), and Italy ($150k).