2021
Exports
$35World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Bitumen and asphalt
-0.98Rnk 835 / 1025
2021
Imports
$9World Rnk 189 / 189
Flag Rnk 1141 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $9 in Bitumen and asphalt, becoming the 189th largest importer of Bitumen and asphalt in the world. At the same year, Bitumen and asphalt was the 1141st most imported product in Armenia. Armenia imports Bitumen and asphalt primarily from: United States ($9).

The fastest growing import markets in Bitumen and asphalt for Armenia between N/A and 2022 were United States ($9).

Latest Trends

Nov 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 Bitumen and 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 (2021)$35
IMPORTS (2022)$9
NET TRADE (2022)-$9

In 2022, Armenia imported $9 in Bitumen and asphalt, mainly from United States ($9).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bitumen and asphalt BY Armenia WERE (N/A - 2021):Italy-$35 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Bitumen and asphalt were:
In 2022, Armenia's main importing competitors in Bitumen and asphalt were:
Egypt $206M
Canada $78.2M

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Trade Value of Bitumen and asphalt by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALEgypt+ $329
TOP IMPORT POTENTIALTurkey+ $362

Bitumen and asphalt’s highest export potential is Egypt. With an export gap of $329.   Bitumen and asphalt’s highest import potential is Turkey with an import gap of $362.

See methodology.

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