2022
Exports
$146kWorld Rnk 96 / 169
Flag Rnk 501 / 945
2022
PRODUCT COMPLEXITY IN Other Cast Iron Products
0.34Rnk 425 / 1025
2022
Imports
$2.65MWorld Rnk 116 / 217
Flag Rnk 391 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $146k in Other Cast Iron Products, making it the 96th largest exporter of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 501st most exported product in Armenia. The main destination of Other Cast Iron Products exports from Armenia are: Russia ($61.3k), Georgia ($51.7k), France ($21.3k), and Iran ($11.5k).

The fastest growing export markets for Other Cast Iron Products of Armenia between 2021 and 2022 were Russia ($61k), Georgia ($19.1k), and Iran ($11.5k).

Imports In 2022, Armenia imported $2.65M in Other Cast Iron Products, becoming the 116th largest importer of Other Cast Iron Products in the world. At the same year, Other Cast Iron Products was the 391st most imported product in Armenia. Armenia imports Other Cast Iron Products primarily from: Russia ($2.15M), Iran ($136k), United States ($106k), Estonia ($62.5k), and China ($36.9k).

The fastest growing import markets in Other Cast Iron Products for Armenia between 2021 and 2022 were Russia ($1.67M), Estonia ($62.5k), and Australia ($22k).

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 Other Cast Iron Products. 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)$146k
IMPORTS (2022)$2.65M
NET TRADE (2022)-$2.5M

In 2022, Armenia exported $146k in Other Cast Iron Products. The main destinations of Armenia exports on Other Cast Iron Products were Russia ($61.3k), Georgia ($51.7k), France ($21.3k), and Iran ($11.5k).

In 2022, Armenia imported $2.65M in Other Cast Iron Products, mainly from Russia ($2.15M), Iran ($136k), United States ($106k), Estonia ($62.5k), and China ($36.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cast Iron Products EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$61k (25.1k%)
Georgia$19.1k (58.4%)
Iran$11.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cast Iron Products BY Armenia WERE (2021 - 2022):
France-$45.1k (-68%)
Spain-$16.3k (-100%)
Seychelles-$46 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Cast Iron Products were:
China $1.55B
India $1.22B
In 2022, Armenia's main importing competitors in Other Cast Iron Products were:

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Trade Value of Other Cast Iron Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $30.4k
TOP IMPORT POTENTIALIran+ $102k

Other Cast Iron Products’s highest export potential is France. With an export gap of $30.4k.   Other Cast Iron Products’s highest import potential is Iran with an import gap of $102k.

See methodology.

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