2022
Exports
$15.8kWorld Rnk 154 / 187
Flag Rnk 728 / 945
2022
PRODUCT COMPLEXITY IN Iron Pipes
-0.034Rnk 558 / 1025
2022
Imports
$2.84MWorld Rnk 147 / 221
Flag Rnk 370 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $15.8k in Iron Pipes, making it the 154th largest exporter of Iron Pipes in the world. At the same year, Iron Pipes was the 728th most exported product in Armenia. The main destination of Iron Pipes exports from Armenia are: Russia ($15.7k) and Indonesia ($46).

The fastest growing export markets for Iron Pipes of Armenia between 2021 and 2022 were Russia ($2.08k) and Indonesia ($46).

Imports In 2022, Armenia imported $2.84M in Iron Pipes, becoming the 147th largest importer of Iron Pipes in the world. At the same year, Iron Pipes was the 370th most imported product in Armenia. Armenia imports Iron Pipes primarily from: Russia ($1.47M), United States ($585k), France ($144k), Germany ($117k), and China ($106k).

The fastest growing import markets in Iron Pipes for Armenia between 2021 and 2022 were United States ($577k), France ($142k), and Germany ($74.1k).

Latest Trends

Sep 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 Iron Pipes. 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)$15.8k
IMPORTS (2022)$2.84M
NET TRADE (2022)-$2.82M

In 2022, Armenia exported $15.8k in Iron Pipes. The main destinations of Armenia exports on Iron Pipes were Russia ($15.7k) and Indonesia ($46).

In 2022, Armenia imported $2.84M in Iron Pipes, mainly from Russia ($1.47M), United States ($585k), France ($144k), Germany ($117k), and China ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Pipes EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$2.08k (15.3%)
Indonesia$46 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Iron Pipes were:
China $8.49B
Japan $2.88B
Germany $2.46B
In 2022, Armenia's main importing competitors in Iron Pipes were:

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Trade Value of Iron Pipes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $13.6k
TOP IMPORT POTENTIALChina+ $253k

Iron Pipes’s highest export potential is Russia. With an export gap of $13.6k.   Iron Pipes’s highest import potential is China with an import gap of $253k.

See methodology.

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