2023
Exports
$11.2MWorld Rnk 58 / 208
Flag Rnk 76 / 973
2023
PRODUCT COMPLEXITY IN Semiconductor Devices
1.08Rnk 150 / 1025
2023
Imports
$48MWorld Rnk 82 / 223
Flag Rnk 38 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $11.2M in Semiconductor Devices, making it the 58th largest exporter of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 76th most exported product in Armenia. The main destination of Semiconductor Devices exports from Armenia are: United States ($8.52M), Uzbekistan ($1.75M), Russia ($819k), Belarus ($57.2k), and Georgia ($3.48k).

The fastest growing export markets for Semiconductor Devices of Armenia between 2022 and 2023 were Uzbekistan ($512k), Belarus ($47.4k), and China ($2.48k).

Imports In 2023, Armenia imported $48M in Semiconductor Devices, becoming the 82nd largest importer of Semiconductor Devices in the world. At the same year, Semiconductor Devices was the 38th most imported product in Armenia. Armenia imports Semiconductor Devices primarily from: China ($43.5M), Czechia ($949k), United Arab Emirates ($840k), Cambodia ($672k), and France ($350k).

The fastest growing import markets in Semiconductor Devices for Armenia between 2022 and 2023 were Czechia ($945k), Cambodia ($652k), and France ($230k).

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 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 (2023)$11.2M
IMPORTS (2023)$48M
NET TRADE (2023)-$36.9M

In 2023, Armenia exported $11.2M in Semiconductor Devices. The main destinations of Armenia exports on Semiconductor Devices were United States ($8.52M), Uzbekistan ($1.75M), Russia ($819k), Belarus ($57.2k), and Georgia ($3.48k).

In 2023, Armenia imported $48M in Semiconductor Devices, mainly from China ($43.5M), Czechia ($949k), United Arab Emirates ($840k), Cambodia ($672k), and France ($350k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Semiconductor Devices EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Uzbekistan$512k (41.2%)
Belarus$47.4k (485%)
China$2.48k (2.64k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Semiconductor Devices BY Armenia WERE (2022 - 2023):
United States-$4.19M (-33%)
Russia-$2.67M (-76.6%)
Ukraine-$239k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Semiconductor Devices were:
China $62.3B
Japan $9.09B
In 2023, 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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