2021
Exports
$8.42kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Iron
0.61Rnk 318 / 1025
2021
Imports
$1.7MWorld Rnk 99 / 201
Flag Rnk 464 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $1.7M in Large Flat-Rolled Iron, becoming the 99th largest importer of Large Flat-Rolled Iron in the world. At the same year, Large Flat-Rolled Iron was the 464th most imported product in Armenia. Armenia imports Large Flat-Rolled Iron primarily from: Iran ($642k), Russia ($486k), Turkey ($322k), Georgia ($189k), and Germany ($42.7k).

The fastest growing import markets in Large Flat-Rolled Iron for Armenia between 2021 and 2022 were Russia ($316k), Iran ($280k), and Turkey ($234k).

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 Large Flat-Rolled Iron. 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 (2021)$8.42k
IMPORTS (2022)$1.7M
NET TRADE (2022)-$1.7M

In 2022, Armenia imported $1.7M in Large Flat-Rolled Iron, mainly from Iran ($642k), Russia ($486k), Turkey ($322k), Georgia ($189k), and Germany ($42.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Iron BY Armenia WERE (N/A - 2021):Iran-$8.42k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Large Flat-Rolled Iron were:
Germany $1.46B
Italy $674M
China $504M
In 2022, Armenia's main importing competitors in Large Flat-Rolled Iron were:

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Trade Value of Large Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $414
TOP IMPORT POTENTIALTurkey+ $116k

Large Flat-Rolled Iron’s highest export potential is Germany. With an export gap of $414.   Large Flat-Rolled Iron’s highest import potential is Turkey with an import gap of $116k.

See methodology.

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