2022
Exports
$4.66MWorld Rnk 69 / 219
Flag Rnk 106 / 945
2022
PRODUCT COMPLEXITY IN Transmissions
1.46Rnk 62 / 1025
2022
Imports
$13.3MWorld Rnk 117 / 225
Flag Rnk 141 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $4.66M in Transmissions, making it the 69th largest exporter of Transmissions in the world. At the same year, Transmissions was the 106th most exported product in Armenia. The main destination of Transmissions exports from Armenia are: Russia ($4.17M), Iran ($74k), Germany ($68.9k), Georgia ($63.9k), and Belgium ($61.9k).

The fastest growing export markets for Transmissions of Armenia between 2021 and 2022 were Russia ($3.15M), Germany ($68.9k), and Belgium ($60.8k).

Imports In 2022, Armenia imported $13.3M in Transmissions, becoming the 117th largest importer of Transmissions in the world. At the same year, Transmissions was the 141st most imported product in Armenia. Armenia imports Transmissions primarily from: China ($2.01M), Germany ($1.98M), Lithuania ($1.83M), Russia ($949k), and United States ($698k).

The fastest growing import markets in Transmissions for Armenia between 2021 and 2022 were Lithuania ($1.82M), Germany ($1.41M), and China ($819k).

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 Transmissions. 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)$4.66M
IMPORTS (2022)$13.3M
NET TRADE (2022)-$8.59M

In 2022, Armenia exported $4.66M in Transmissions. The main destinations of Armenia exports on Transmissions were Russia ($4.17M), Iran ($74k), Germany ($68.9k), Georgia ($63.9k), and Belgium ($61.9k).

In 2022, Armenia imported $13.3M in Transmissions, mainly from China ($2.01M), Germany ($1.98M), Lithuania ($1.83M), Russia ($949k), and United States ($698k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Transmissions EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$3.15M (310%)
Germany$68.9k (1%)
Belgium$60.8k (5.54k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Transmissions BY Armenia WERE (2021 - 2022):
Iran-$75.2k (-50.4%)
Uzbekistan-$13.3k (-100%)
Italy-$7.74k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Transmissions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $236k
TOP IMPORT POTENTIALChina+ $1.69M

Transmissions’s highest export potential is Germany. With an export gap of $236k.   Transmissions’s highest import potential is China with an import gap of $1.69M.

See methodology.

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