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2022
Exports $16.8kWorld Rnk 109 / 128
Flag Rnk 720 / 945
2022
Destination $16.8k Russia
2021 - 2022
FASTEST GROWING MARKET $16.8kRussia
2022
PRODUCT COMPLEXITY IN Large Flat-Rolled Stainless Steel1.05Rnk 151 / 1025
2022
Imports $2.1MWorld Rnk 128 / 208
Flag Rnk 432 / 1142
2022
Origin $597k China
2021 - 2022
FASTEST GROWING ORIGIN $597kChina
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $16.8k in Large Flat-Rolled Stainless Steel, making it the 109th largest exporter of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 720th most exported product in Armenia. The main destination of Large Flat-Rolled Stainless Steel exports from Armenia are: Russia ($16.8k).

The fastest growing export markets for Large Flat-Rolled Stainless Steel of Armenia between 2021 and 2022 were Russia ($16.8k).

Imports In 2022, Armenia imported $2.1M in Large Flat-Rolled Stainless Steel, becoming the 128th largest importer of Large Flat-Rolled Stainless Steel in the world. At the same year, Large Flat-Rolled Stainless Steel was the 432nd most imported product in Armenia. Armenia imports Large Flat-Rolled Stainless Steel primarily from: China ($1.64M), Russia ($208k), Georgia ($89.7k), Turkey ($50.8k), and India ($46.3k).

The fastest growing import markets in Large Flat-Rolled Stainless Steel for Armenia between 2021 and 2022 were China ($597k), Georgia ($77.9k), and Russia ($64.8k).

Latest Trends

Jul 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 Stainless Steel. 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)$16.8k
IMPORTS (2022)$2.1M
NET TRADE (2022)-$2.09M

In 2022, Armenia exported $16.8k in Large Flat-Rolled Stainless Steel. The main destinations of Armenia exports on Large Flat-Rolled Stainless Steel were Russia ($16.8k).

In 2022, Armenia imported $2.1M in Large Flat-Rolled Stainless Steel, mainly from China ($1.64M), Russia ($208k), Georgia ($89.7k), Turkey ($50.8k), and India ($46.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Large Flat-Rolled Stainless Steel EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$16.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Large Flat-Rolled Stainless Steel BY Armenia WERE (2021 - 2022):Georgia-$3.94k (-100%)
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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 Stainless Steel were:
China $8.91B
Indonesia $7.43B
Belgium $3.9B
In 2022, Armenia's main importing competitors in Large Flat-Rolled Stainless Steel were:
Germany $4.95B
Italy $4.45B
China $3.42B

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Trade Value of Large Flat-Rolled Stainless Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $16.8k
TOP IMPORT POTENTIALChina+ $814k

Large Flat-Rolled Stainless Steel’s highest export potential is Russia. With an export gap of $16.8k.   Large Flat-Rolled Stainless Steel’s highest import potential is China with an import gap of $814k.

See methodology.

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