2012
Exports
$8World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2012
Imports
$57.2kWorld Rnk 82 / 142
Flag Rnk 966 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Imports In 2023, Armenia imported $57.2k in Iron Reductions, becoming the 82nd largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 966th most imported product in Armenia. Armenia imports Iron Reductions primarily from: Russia ($35k) and Iran ($22.3k).

The fastest growing import markets in Iron Reductions for Armenia between 2022 and 2023 were Russia ($34.4k) and Iran ($22.3k).

Historical Data

Trade Balance

Color
EXPORTS (2012)$8
IMPORTS (2023)$57.2k
NET TRADE (2023)-$57.2k

In 2023, Armenia imported $57.2k in Iron Reductions, mainly from Russia ($35k) and Iran ($22.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Iron Reductions were:
In 2023, Armenia's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $451
TOP IMPORT POTENTIALRussia+ $1.16k

Iron Reductions’s highest export potential is United States. With an export gap of $451.   Iron Reductions’s highest import potential is Russia with an import gap of $1.16k.

See methodology.

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