2021
Exports
$28World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$1.15kWorld Rnk 119 / 147
Flag Rnk 1098 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $1.15k in Wood Tar, Oils and Pitch, becoming the 119th largest importer of Wood Tar, Oils and Pitch in the world. At the same year, Wood Tar, Oils and Pitch was the 1098th most imported product in Armenia. Armenia imports Wood Tar, Oils and Pitch primarily from: United States ($637) and Russia ($508).

The fastest growing import markets in Wood Tar, Oils and Pitch for Armenia between 2021 and 2022 were United States ($637).

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 Wood Tar, Oils and Pitch. 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)$28
IMPORTS (2022)$1.15k
NET TRADE (2022)-$1.15k

In 2022, Armenia imported $1.15k in Wood Tar, Oils and Pitch, mainly from United States ($637) and Russia ($508).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Tar, Oils and Pitch BY Armenia WERE (N/A - 2021):Kyrgyzstan-$28 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Wood Tar, Oils and Pitch were:
In 2022, Armenia's main importing competitors in Wood Tar, Oils and Pitch were:

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Trade Value of Wood Tar, Oils and Pitch by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSweden+ $242
TOP IMPORT POTENTIALUnited States+ $663

Wood Tar, Oils and Pitch’s highest export potential is Sweden. With an export gap of $242.   Wood Tar, Oils and Pitch’s highest import potential is United States with an import gap of $663.

See methodology.

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