2023
Exports
$125kWorld Rnk 108 / 165
Flag Rnk 533 / 973
2023
PRODUCT COMPLEXITY IN Hydrogen
-0.073Rnk 582 / 1025
2023
Imports
$1.48MWorld Rnk 105 / 217
Flag Rnk 526 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $125k in Hydrogen, making it the 108th largest exporter of Hydrogen in the world. At the same year, Hydrogen was the 533rd most exported product in Armenia. The main destination of Hydrogen exports from Armenia are: Iraq ($89.8k), Russia ($30.6k), Germany ($3.92k), and Belarus ($317).

The fastest growing export markets for Hydrogen of Armenia between 2022 and 2023 were Iraq ($89.8k), Russia ($30.6k), and Belarus ($317).

Imports In 2023, Armenia imported $1.48M in Hydrogen, becoming the 105th largest importer of Hydrogen in the world. At the same year, Hydrogen was the 526th most imported product in Armenia. Armenia imports Hydrogen primarily from: Russia ($797k), Georgia ($258k), Iran ($165k), Algeria ($81.4k), and Poland ($77.2k).

The fastest growing import markets in Hydrogen for Armenia between 2022 and 2023 were Iran ($165k), Germany ($20.9k), and India ($17.3k).

Latest Trends

Dec 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 Hydrogen. 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 (2023)$125k
IMPORTS (2023)$1.48M
NET TRADE (2023)-$1.36M

In 2023, Armenia exported $125k in Hydrogen. The main destinations of Armenia exports on Hydrogen were Iraq ($89.8k), Russia ($30.6k), Germany ($3.92k), and Belarus ($317).

In 2023, Armenia imported $1.48M in Hydrogen, mainly from Russia ($797k), Georgia ($258k), Iran ($165k), Algeria ($81.4k), and Poland ($77.2k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Hydrogen EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Iraq$89.8k (1%)
Russia$30.6k (1%)
Belarus$317 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hydrogen BY Armenia WERE (2022 - 2023):Germany-$25.6k (-86.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Hydrogen were:
In 2023, Armenia's main importing competitors in Hydrogen were:
China $2.1B
Japan $1.45B
Germany $1.27B

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Trade Value of Hydrogen by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $30.7k
TOP IMPORT POTENTIALGermany+ $44.6k

Hydrogen’s highest export potential is Germany. With an export gap of $30.7k.   Hydrogen’s highest import potential is Germany with an import gap of $44.6k.

See methodology.

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