2023
Exports
$112World Rnk 154 / 160
Flag Rnk 21 / 21
falsefalse Austria
2023
PRODUCT COMPLEXITY IN Weapons
1.19Rnk 106 / 1025
2023
Imports
$7.71MWorld Rnk 101 / 209
Flag Rnk 20 / 21
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $112 in Weapons, making it the 154th largest exporter of Weapons in the world. At the same year, Weapons was the 21st most exported product in Armenia. The main destination of Weapons exports from Armenia are: Austria ($112).

Imports In 2023, Armenia imported $7.71M in Weapons, becoming the 101st largest importer of Weapons in the world. At the same year, Weapons was the 20th most imported product in Armenia. Armenia imports Weapons primarily from: Italy ($5.54M), Czechia ($1.34M), United States ($457k), Estonia ($205k), and Greece ($46.9k).

The fastest growing import markets in Weapons for Armenia between 2022 and 2023 were Italy ($3.95M), Czechia ($1.01M), and Estonia ($145k).

Latest Trends

Dec 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 Weapons. 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 (2023)$112
IMPORTS (2023)$7.71M
NET TRADE (2023)-$7.71M

In 2023, Armenia exported $112 in Weapons. The main destinations of Armenia exports on Weapons were Austria ($112).

In 2023, Armenia imported $7.71M in Weapons, mainly from Italy ($5.54M), Czechia ($1.34M), United States ($457k), Estonia ($205k), and Greece ($46.9k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Weapons BY Armenia WERE (2022 - 2023):
Czechia-$247k (-100%)
Austria-$70.7k (-99.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Weapons were:
In 2023, Armenia's main importing competitors in Weapons were:

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Trade Value of Weapons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.21k
TOP IMPORT POTENTIALGermany+ $42.8k

Weapons’s highest export potential is United States. With an export gap of $4.21k.   Weapons’s highest import potential is Germany with an import gap of $42.8k.

See methodology.

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