2022
Exports
$7.96kWorld Rnk 82 / 106
Flag Rnk 773 / 945
2022
PRODUCT COMPLEXITY IN Ammonia
-1.27Rnk 901 / 1025
2022
Imports
$16.2kWorld Rnk 155 / 187
Flag Rnk 1018 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $7.96k in Ammonia, making it the 82nd largest exporter of Ammonia in the world. At the same year, Ammonia was the 773rd most exported product in Armenia. The main destination of Ammonia exports from Armenia are: Iran ($7.57k) and Russia ($384).

The fastest growing export markets for Ammonia of Armenia between 2021 and 2022 were Russia ($384).

Imports In 2022, Armenia imported $16.2k in Ammonia, becoming the 155th largest importer of Ammonia in the world. At the same year, Ammonia was the 1018th most imported product in Armenia. Armenia imports Ammonia primarily from: Russia ($4.86k), Iran ($4.65k), Germany ($4.02k), Spain ($1.43k), and Turkey ($801).

The fastest growing import markets in Ammonia for Armenia between 2021 and 2022 were Germany ($3.97k), Russia ($1.54k), and Spain ($1.33k).

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 Ammonia. 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)$7.96k
IMPORTS (2022)$16.2k
NET TRADE (2022)-$8.27k

In 2022, Armenia exported $7.96k in Ammonia. The main destinations of Armenia exports on Ammonia were Iran ($7.57k) and Russia ($384).

In 2022, Armenia imported $16.2k in Ammonia, mainly from Russia ($4.86k), Iran ($4.65k), Germany ($4.02k), Spain ($1.43k), and Turkey ($801).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ammonia EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$384 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ammonia BY Armenia WERE (2021 - 2022):Iran-$32.9k (-81.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ammonia by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.07k
TOP IMPORT POTENTIALRussia+ $7.12k

Ammonia’s highest export potential is India. With an export gap of $1.07k.   Ammonia’s highest import potential is Russia with an import gap of $7.12k.

See methodology.

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