2022
Exports | Imports
$404k | $5.05MWorld Rnk 62 / 136
Flag Rnk 354 / 945
World Rnk 55 / 206
Flag Rnk 273 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
-0.24Rnk 74 / 124
2022
PRODUCT COMPLEXITY IN Iron Radiators
0.62Rnk 320 / 1025

About

Exports In 2022, Armenia exported $404k in Iron Radiators, making it the 62nd largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 354th most exported product in Armenia. The main destination of Iron Radiators exports from Armenia are: Russia ($397k), Belarus ($4.39k), and Georgia ($2.5k).

The fastest growing export markets for Iron Radiators of Armenia between 2021 and 2022 were Russia ($194k), Belarus ($4.39k), and Georgia ($2.5k).

Imports In 2022, Armenia imported $5.05M in Iron Radiators, becoming the 55th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 273rd most imported product in Armenia. Armenia imports Iron Radiators primarily from: Russia ($1.12M), Turkey ($959k), Iran ($760k), China ($690k), and Italy ($453k).

The fastest growing import markets in Iron Radiators for Armenia between 2021 and 2022 were Turkey ($959k), Iran ($481k), and China ($382k).

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

Latest Trends

Feb 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 Radiators. 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)$404k
IMPORTS (2022)$5.05M
NET TRADE (2022)-$4.65M

In 2022, Armenia exported $404k in Iron Radiators. The main destinations of Armenia exports on Iron Radiators were Russia ($397k), Belarus ($4.39k), and Georgia ($2.5k).

In 2022, Armenia imported $5.05M in Iron Radiators, mainly from Russia ($1.12M), Turkey ($959k), Iran ($760k), China ($690k), and Italy ($453k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Radiators EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$194k (95.2%)
Belarus$4.39k (1%)
Georgia$2.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Radiators BY Armenia WERE (2021 - 2022):Iran-$143k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Iron Radiators were:
In 2022, Armenia's main importing competitors in Iron Radiators were:

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Trade Value of Iron Radiators by Exporters

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