2022
Exports
$24.6kWorld Rnk 48 / 80
Flag Rnk 699 / 945
2022
PRODUCT COMPLEXITY IN Rare-Earth Metal Compounds
0.68Rnk 287 / 1025
2022
Imports
$21kWorld Rnk 83 / 144
Flag Rnk 1004 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $24.6k in Rare-Earth Metal Compounds, making it the 48th largest exporter of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 699th most exported product in Armenia. The main destination of Rare-Earth Metal Compounds exports from Armenia are: Russia ($23.4k) and United States ($1.18k).

The fastest growing export markets for Rare-Earth Metal Compounds of Armenia between N/A and 2022 were Russia ($23.4k) and United States ($1.18k).

Imports In 2022, Armenia imported $21k in Rare-Earth Metal Compounds, becoming the 83rd largest importer of Rare-Earth Metal Compounds in the world. At the same year, Rare-Earth Metal Compounds was the 1004th most imported product in Armenia. Armenia imports Rare-Earth Metal Compounds primarily from: Norway ($7.07k), China ($4.61k), Germany ($4.44k), France ($2.17k), and United States ($1.89k).

The fastest growing import markets in Rare-Earth Metal Compounds for Armenia between 2021 and 2022 were Norway ($7.07k), China ($4.52k), and Germany ($3.94k).

Latest Trends

Sep 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 Rare-Earth Metal Compounds. 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)$24.6k
IMPORTS (2022)$21k
NET TRADE (2022)$3.68k

In 2022, Armenia exported $24.6k in Rare-Earth Metal Compounds. The main destinations of Armenia exports on Rare-Earth Metal Compounds were Russia ($23.4k) and United States ($1.18k).

In 2022, Armenia imported $21k in Rare-Earth Metal Compounds, mainly from Norway ($7.07k), China ($4.61k), Germany ($4.44k), France ($2.17k), and United States ($1.89k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rare-Earth Metal Compounds EXPORT MARKETS FOR Armenia WERE (N/A - 2022):
Russia$23.4k (1%)
United States$1.18k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Armenia's main exporting competitors in Rare-Earth Metal Compounds were:
In 2022, Armenia's main importing competitors in Rare-Earth Metal Compounds were:
China $1.48B
Japan $488M

Explore Visualizations

Trade Value of Rare-Earth Metal Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.03k
TOP IMPORT POTENTIALChina+ $7.6k

Rare-Earth Metal Compounds’s highest export potential is United States. With an export gap of $4.03k.   Rare-Earth Metal Compounds’s highest import potential is China with an import gap of $7.6k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with