2022
Exports
$608World Rnk 105 / 133
Flag Rnk 878 / 945
2022
Imports
$4.08kWorld Rnk 83 / 119
Flag Rnk 1065 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $608 in Other Ores, making it the 105th largest exporter of Other Ores in the world. At the same year, Other Ores was the 878th most exported product in Armenia. The main destination of Other Ores exports from Armenia are: Romania ($584), Netherlands ($21), and Canada ($3).

The fastest growing export markets for Other Ores of Armenia between 2021 and 2022 were Romania ($482) and Netherlands ($21).

Imports In 2022, Armenia imported $4.08k in Other Ores, becoming the 83rd largest importer of Other Ores in the world. At the same year, Other Ores was the 1065th most imported product in Armenia. Armenia imports Other Ores primarily from: Canada ($3.53k) and Russia ($552).

The fastest growing import markets in Other Ores for Armenia between 2021 and 2022 were Russia ($552) and Canada ($477).

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 Ores. 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)$608
IMPORTS (2022)$4.08k
NET TRADE (2022)-$3.47k

In 2022, Armenia exported $608 in Other Ores. The main destinations of Armenia exports on Other Ores were Romania ($584), Netherlands ($21), and Canada ($3).

In 2022, Armenia imported $4.08k in Other Ores, mainly from Canada ($3.53k) and Russia ($552).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Ores EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Romania$482 (473%)
Netherlands$21 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Ores BY Armenia WERE (2021 - 2022):
Canada-$6 (-66.7%)
Spain-$3 (-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 Ores were:
In 2022, Armenia's main importing competitors in Other Ores were:

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Trade Value of Other Ores by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $615
TOP IMPORT POTENTIALRussia+ $1.01k

Other Ores’s highest export potential is China. With an export gap of $615.   Other Ores’s highest import potential is Russia with an import gap of $1.01k.

See methodology.

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