2022
Exports | Imports
$23.2M | $17.3MWorld Rnk 28 / 162
Flag Rnk 27 / 945
World Rnk 26 / 185
Flag Rnk 110 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
-0.24Rnk 74 / 124
2022
PRODUCT COMPLEXITY IN Precious Stones
-1.16Rnk 873 / 1025

About

Exports In 2022, Armenia exported $23.2M in Precious Stones, making it the 28th largest exporter of Precious Stones in the world. At the same year, Precious Stones was the 27th most exported product in Armenia. The main destination of Precious Stones exports from Armenia are: Russia ($20.2M), United States ($727k), Belarus ($629k), China ($575k), and United Arab Emirates ($309k).

The fastest growing export markets for Precious Stones of Armenia between 2021 and 2022 were Russia ($12.4M), Belarus ($629k), and United States ($565k).

Imports In 2022, Armenia imported $17.3M in Precious Stones, becoming the 26th largest importer of Precious Stones in the world. At the same year, Precious Stones was the 110th most imported product in Armenia. Armenia imports Precious Stones primarily from: Thailand ($6.91M), China ($4.5M), India ($4.42M), United Arab Emirates ($309k), and United States ($285k).

The fastest growing import markets in Precious Stones for Armenia between 2021 and 2022 were China ($4.47M), Thailand ($2.44M), and India ($1.14M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Precious Stones from Armenia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

View
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 Precious Stones. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$23.2M
IMPORTS (2022)$17.3M
NET TRADE (2022)$5.9M

In 2022, Armenia exported $23.2M in Precious Stones. The main destinations of Armenia exports on Precious Stones were Russia ($20.2M), United States ($727k), Belarus ($629k), China ($575k), and United Arab Emirates ($309k).

In 2022, Armenia imported $17.3M in Precious Stones, mainly from Thailand ($6.91M), China ($4.5M), India ($4.42M), United Arab Emirates ($309k), and United States ($285k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Stones EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$12.4M (159%)
Belarus$629k (147k%)
United States$565k (349%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Stones BY Armenia WERE (2021 - 2022):Canada-$100 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Armenia's main exporting competitors in Precious Stones were:
In 2022, Armenia's main importing competitors in Precious Stones were:

Explore Visualizations

Trade Value of Precious Stones by Exporters

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with