2022
Exports | Imports
$325k | $158kWorld Rnk 58 / 166
Flag Rnk 382 / 945
World Rnk 150 / 214
Flag Rnk 858 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
-0.24Rnk 74 / 124
2022
PRODUCT COMPLEXITY IN Soldering and Welding Machinery
1.33Rnk 78 / 1025

About

Exports In 2022, Armenia exported $325k in Soldering and Welding Machinery, making it the 58th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 382nd most exported product in Armenia. The main destination of Soldering and Welding Machinery exports from Armenia are: Russia ($324k), Belarus ($637), Poland ($163), Italy ($155), and Germany ($80).

The fastest growing export markets for Soldering and Welding Machinery of Armenia between 2021 and 2022 were Belarus ($637), Poland ($163), and Italy ($155).

Imports In 2022, Armenia imported $158k in Soldering and Welding Machinery, becoming the 150th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 858th most imported product in Armenia. Armenia imports Soldering and Welding Machinery primarily from: China ($66.9k), Germany ($23.3k), Italy ($17.2k), Chinese Taipei ($16.3k), and United States ($8.49k).

The fastest growing import markets in Soldering and Welding Machinery for Armenia between 2021 and 2022 were Germany ($21.9k), Chinese Taipei ($16.3k), and Italy ($15.6k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Soldering and Welding Machinery from Armenia to the United States.

Latest Trends

Feb 2024

Subnational Monthly Trade

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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 Soldering and Welding Machinery. 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)$325k
IMPORTS (2022)$158k
NET TRADE (2022)$167k

In 2022, Armenia exported $325k in Soldering and Welding Machinery. The main destinations of Armenia exports on Soldering and Welding Machinery were Russia ($324k), Belarus ($637), Poland ($163), Italy ($155), and Germany ($80).

In 2022, Armenia imported $158k in Soldering and Welding Machinery, mainly from China ($66.9k), Germany ($23.3k), Italy ($17.2k), Chinese Taipei ($16.3k), and United States ($8.49k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Belarus$637 (1%)
Poland$163 (1%)
Italy$155 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Armenia WERE (2021 - 2022):
Russia-$295k (-47.7%)
Austria-$3.64k (-100%)
Czechia-$169 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Soldering and Welding Machinery were:
In 2022, Armenia's main importing competitors in Soldering and Welding Machinery were:

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Trade Value of Soldering and Welding Machinery by Exporters

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