2022
Exports
$18.1MWorld Rnk 56 / 213
Flag Rnk 38 / 945
2022
PRODUCT COMPLEXITY IN Semiconductor Devices
1.09Rnk 140 / 1025
2022
Imports
$45.2MWorld Rnk 79 / 221
Flag Rnk 27 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $18.1M in Semiconductor Devices, making it the 56th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 38th most exported product in Armenia. The main destination of Semiconductor Devices exports from Armenia are: United States ($12.8M), Russia ($3.45M), Uzbekistan ($1.24M), Ukraine ($239k), and Georgia ($149k).

The fastest growing export markets for Semiconductor Devices of Armenia between 2021 and 2022 were United States ($11.2M), Russia ($3.32M), and Uzbekistan ($1.24M).

Imports In 2022, Armenia imported $45.2M in Semiconductor Devices, becoming the 79th largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 27th most imported product in Armenia. Armenia imports Semiconductor Devices primarily from: China ($41.4M), United Arab Emirates ($1.31M), Lithuania ($567k), Georgia ($314k), and United States ($277k).

The fastest growing import markets in Semiconductor Devices for Armenia between 2021 and 2022 were United Arab Emirates ($1.22M), Lithuania ($519k), and Georgia ($309k).

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 Semiconductor Devices. 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)$18.1M
IMPORTS (2022)$45.2M
NET TRADE (2022)-$27.1M

In 2022, Armenia exported $18.1M in Semiconductor Devices. The main destinations of Armenia exports on Semiconductor Devices were United States ($12.8M), Russia ($3.45M), Uzbekistan ($1.24M), Ukraine ($239k), and Georgia ($149k).

In 2022, Armenia imported $45.2M in Semiconductor Devices, mainly from China ($41.4M), United Arab Emirates ($1.31M), Lithuania ($567k), Georgia ($314k), and United States ($277k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
United States$11.2M (724%)
Russia$3.32M (2.46k%)
Uzbekistan$1.24M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Armenia WERE (2021 - 2022):
Lebanon-$146k (-55.9%)
Syria-$56.5k (-100%)
France-$881 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Semiconductor Devices were:
China $70.2B
Japan $9.88B
In 2022, Armenia's main importing competitors in Semiconductor Devices were:

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Trade Value of Semiconductor Devices by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.06M
TOP IMPORT POTENTIALChina+ $8.11M

Semiconductor Devices’s highest export potential is United States. With an export gap of $6.06M.   Semiconductor Devices’s highest import potential is China with an import gap of $8.11M.

See methodology.

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