2022
Exports
$79.2kWorld Rnk 79 / 135
Flag Rnk 575 / 945
2022
PRODUCT COMPLEXITY IN Asphalt
-0.09Rnk 576 / 1025
2022
Imports
$3.12MWorld Rnk 89 / 213
Flag Rnk 359 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $79.2k in Asphalt, making it the 79th largest exporter of Asphalt in the world. At the same year, Asphalt was the 575th most exported product in Armenia. The main destination of Asphalt exports from Armenia are: Russia ($79.2k).

The fastest growing export markets for Asphalt of Armenia between 2021 and 2022 were Russia ($79.2k).

Imports In 2022, Armenia imported $3.12M in Asphalt, becoming the 89th largest importer of Asphalt in the world. At the same year, Asphalt was the 359th most imported product in Armenia. Armenia imports Asphalt primarily from: Russia ($2.2M), Iran ($468k), Turkey ($135k), Georgia ($130k), and Poland ($69.3k).

The fastest growing import markets in Asphalt for Armenia between 2021 and 2022 were Iran ($220k), Turkey ($133k), and Georgia ($128k).

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 Asphalt. 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)$79.2k
IMPORTS (2022)$3.12M
NET TRADE (2022)-$3.04M

In 2022, Armenia exported $79.2k in Asphalt. The main destinations of Armenia exports on Asphalt were Russia ($79.2k).

In 2022, Armenia imported $3.12M in Asphalt, mainly from Russia ($2.2M), Iran ($468k), Turkey ($135k), Georgia ($130k), and Poland ($69.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Asphalt EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$79.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Asphalt BY Armenia WERE (2021 - 2022):Georgia-$3.11k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Asphalt by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.19k
TOP IMPORT POTENTIALTurkey+ $73.8k

Asphalt’s highest export potential is United States. With an export gap of $1.19k.   Asphalt’s highest import potential is Turkey with an import gap of $73.8k.

See methodology.

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