2022
Exports
$5.18kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2023
PRODUCT COMPLEXITY IN Scrap Iron
-0.57Rnk 726 / 1025
2022
Imports
$41.6kWorld Rnk 138 / 177
Flag Rnk 988 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Imports In 2023, Armenia imported $41.6k in Scrap Iron, becoming the 138th largest importer of Scrap Iron in the world. At the same year, Scrap Iron was the 988th most imported product in Armenia. Armenia imports Scrap Iron primarily from: Russia ($29.4k), Georgia ($7.43k), France ($4.33k), Denmark ($227), and Curaçao ($185).

The fastest growing import markets in Scrap Iron for Armenia between 2022 and 2023 were Russia ($29.4k), Georgia ($7.43k), and France ($4.33k).

Latest Trends

Dec 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)$5.18k
IMPORTS (2023)$41.6k
NET TRADE (2023)-$41.6k

In 2023, Armenia imported $41.6k in Scrap Iron, mainly from Russia ($29.4k), Georgia ($7.43k), France ($4.33k), Denmark ($227), and Curaçao ($185).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Iron BY Armenia WERE (N/A - 2022):
Iran-$5.04k (-100%)
Ukraine-$143 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Scrap Iron were:
In 2023, Armenia's main importing competitors in Scrap Iron were:
Turkey $7.59B
India $6.63B
Italy $2.59B

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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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