2022
Exports
$125World Rnk 210 / 212
Flag Rnk 905 / 945
2022
PRODUCT COMPLEXITY IN Scrap Iron
-0.59Rnk 720 / 1025
2022
Imports
$1.05kWorld Rnk 175 / 187
Flag Rnk 1103 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $125 in Scrap Iron, making it the 210th largest exporter of Scrap Iron in the world. At the same year, Scrap Iron was the 905th most exported product in Armenia. The main destination of Scrap Iron exports from Armenia are: Ukraine ($125).

The fastest growing export markets for Scrap Iron of Armenia between 2021 and 2022 were Ukraine ($125).

Imports In 2022, Armenia imported $1.05k in Scrap Iron, becoming the 175th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 1103rd most imported product in Armenia. Armenia imports Scrap Iron primarily from: Denmark ($1.05k).

The fastest growing import markets in Scrap Iron for Armenia between 2021 and 2022 were Denmark ($1.05k).

Latest Trends

Oct 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 Scrap Iron. 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)$125
IMPORTS (2022)$1.05k
NET TRADE (2022)-$928

In 2022, Armenia exported $125 in Scrap Iron. The main destinations of Armenia exports on Scrap Iron were Ukraine ($125).

In 2022, Armenia imported $1.05k in Scrap Iron, mainly from Denmark ($1.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Iron EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Ukraine$125 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Armenia WERE (2021 - 2022):
Russia-$849k (-100%)
Iran-$292k (-100%)
Netherlands-$291k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Scrap Iron were:
In 2022, Armenia's main importing competitors in Scrap Iron were:
Turkey $8.77B
India $5.65B
Belgium $2.84B

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Trade Value of Scrap Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $828
TOP IMPORT POTENTIALDenmark+ $1.5k

Scrap Iron’s highest export potential is Turkey. With an export gap of $828.   Scrap Iron’s highest import potential is Denmark with an import gap of $1.5k.

See methodology.

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