2022
Exports
$116kWorld Rnk 76 / 155
Flag Rnk 535 / 945
2022
PRODUCT COMPLEXITY IN Stone Working Machines
1.13Rnk 125 / 1025
2022
Imports
$4.9MWorld Rnk 72 / 213
Flag Rnk 282 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $116k in Stone Working Machines, making it the 76th largest exporter of Stone Working Machines in the world. At the same year, Stone Working Machines was the 535th most exported product in Armenia. The main destination of Stone Working Machines exports from Armenia are: Russia ($96.3k), Iran ($19.4k), and Georgia ($400).

The fastest growing export markets for Stone Working Machines of Armenia between 2021 and 2022 were Russia ($92.9k), Iran ($15.1k), and Georgia ($400).

Imports In 2022, Armenia imported $4.9M in Stone Working Machines, becoming the 72nd largest importer of Stone Working Machines in the world. At the same year, Stone Working Machines was the 282nd most imported product in Armenia. Armenia imports Stone Working Machines primarily from: China ($1.65M), Turkey ($1.1M), Georgia ($827k), Italy ($448k), and Iran ($179k).

The fastest growing import markets in Stone Working Machines for Armenia between 2021 and 2022 were Turkey ($1.1M), China ($1.07M), and Georgia ($783k).

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 Stone Working Machines. 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)$116k
IMPORTS (2022)$4.9M
NET TRADE (2022)-$4.78M

In 2022, Armenia exported $116k in Stone Working Machines. The main destinations of Armenia exports on Stone Working Machines were Russia ($96.3k), Iran ($19.4k), and Georgia ($400).

In 2022, Armenia imported $4.9M in Stone Working Machines, mainly from China ($1.65M), Turkey ($1.1M), Georgia ($827k), Italy ($448k), and Iran ($179k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Stone Working Machines EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$92.9k (2.66k%)
Iran$15.1k (355%)
Georgia$400 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Stone Working Machines were:
In 2022, Armenia's main importing competitors in Stone Working Machines were:

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Trade Value of Stone Working Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $17k
TOP IMPORT POTENTIALItaly+ $174k

Stone Working Machines’s highest export potential is Iran. With an export gap of $17k.   Stone Working Machines’s highest import potential is Italy with an import gap of $174k.

See methodology.

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