2022
Exports
$58.2kWorld Rnk 70 / 127
Flag Rnk 608 / 945
2022
PRODUCT COMPLEXITY IN Vending Machines
0.65Rnk 296 / 1025
2022
Imports
$896kWorld Rnk 79 / 202
Flag Rnk 578 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $58.2k in Vending Machines, making it the 70th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 608th most exported product in Armenia. The main destination of Vending Machines exports from Armenia are: Georgia ($25.9k), France ($17.1k), Romania ($11.7k), and North Macedonia ($3.51k).

The fastest growing export markets for Vending Machines of Armenia between 2021 and 2022 were France ($17.1k), Romania ($11.7k), and Georgia ($3.81k).

Imports In 2022, Armenia imported $896k in Vending Machines, becoming the 79th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 578th most imported product in Armenia. Armenia imports Vending Machines primarily from: Italy ($313k), Bulgaria ($253k), Spain ($109k), China ($99.9k), and Germany ($66.5k).

The fastest growing import markets in Vending Machines for Armenia between 2021 and 2022 were Spain ($106k), Germany ($37.3k), and China ($37k).

Latest Trends

Sep 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 Vending 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)$58.2k
IMPORTS (2022)$896k
NET TRADE (2022)-$837k

In 2022, Armenia exported $58.2k in Vending Machines. The main destinations of Armenia exports on Vending Machines were Georgia ($25.9k), France ($17.1k), Romania ($11.7k), and North Macedonia ($3.51k).

In 2022, Armenia imported $896k in Vending Machines, mainly from Italy ($313k), Bulgaria ($253k), Spain ($109k), China ($99.9k), and Germany ($66.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
France$17.1k (1%)
Romania$11.7k (1%)
Georgia$3.81k (17.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Armenia WERE (2021 - 2022):
Russia-$1.14k (-100%)
Bulgaria-$993 (-100%)
Kazakhstan-$330 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $18.6k
TOP IMPORT POTENTIALChina+ $84.7k

Vending Machines’s highest export potential is France. With an export gap of $18.6k.   Vending Machines’s highest import potential is China with an import gap of $84.7k.

See methodology.

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