2021
Exports
$1.72MWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$13.5MWorld Rnk 26 / 168
Flag Rnk 109 / 4079
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $13.5M in Tower cranes, becoming the 26th largest importer of Tower cranes in the world. At the same year, Tower cranes was the 109th most imported product in Armenia. Armenia imports Tower cranes primarily from: United Arab Emirates ($4.04M), China ($3.37M), Italy ($1.96M), Turkey ($1.16M), and France ($871k).

The fastest growing import markets in Tower cranes for Armenia between 2021 and 2022 were United Arab Emirates ($3.63M), Italy ($1.74M), and Turkey ($1.16M).

Latest Trends

Jul 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 Tower cranes. 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 (2021)$1.72M
IMPORTS (2022)$13.5M
NET TRADE (2022)-$13.5M

In 2022, Armenia imported $13.5M in Tower cranes, mainly from United Arab Emirates ($4.04M), China ($3.37M), Italy ($1.96M), Turkey ($1.16M), and France ($871k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tower cranes BY Armenia WERE (N/A - 2021):
Italy-$1.71M (-100%)
Iran-$9.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Tower cranes were:
In 2022, Armenia's main importing competitors in Tower cranes were:

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Trade Value of Tower cranes by Exporters

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