2023
Exports
$1.94MWorld Rnk 71 / 215
Flag Rnk 211 / 973
2023
PRODUCT COMPLEXITY IN Blank Audio Media
1.56Rnk 35 / 1025
2023
Imports
$4.81MWorld Rnk 116 / 224
Flag Rnk 309 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $1.94M in Blank Audio Media, making it the 71st largest exporter of Blank Audio Media in the world. At the same year, Blank Audio Media was the 211th most exported product in Armenia. The main destination of Blank Audio Media exports from Armenia are: Russia ($1.54M), Belarus ($391k), Georgia ($6.54k), Netherlands ($1.85k), and Switzerland ($1.57k).

The fastest growing export markets for Blank Audio Media of Armenia between 2022 and 2023 were Belarus ($157k), Georgia ($6.54k), and Netherlands ($1.65k).

Imports In 2023, Armenia imported $4.81M in Blank Audio Media, becoming the 116th largest importer of Blank Audio Media in the world. At the same year, Blank Audio Media was the 309th most imported product in Armenia. Armenia imports Blank Audio Media primarily from: China ($1.05M), Poland ($968k), Germany ($882k), Chinese Taipei ($517k), and Hong Kong ($359k).

The fastest growing import markets in Blank Audio Media for Armenia between 2022 and 2023 were Poland ($895k), Germany ($405k), and Hong Kong ($231k).

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 Blank Audio Media. 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)$1.94M
IMPORTS (2023)$4.81M
NET TRADE (2023)-$2.87M

In 2023, Armenia exported $1.94M in Blank Audio Media. The main destinations of Armenia exports on Blank Audio Media were Russia ($1.54M), Belarus ($391k), Georgia ($6.54k), Netherlands ($1.85k), and Switzerland ($1.57k).

In 2023, Armenia imported $4.81M in Blank Audio Media, mainly from China ($1.05M), Poland ($968k), Germany ($882k), Chinese Taipei ($517k), and Hong Kong ($359k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Blank Audio Media EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Belarus$157k (67.1%)
Georgia$6.54k (1%)
Netherlands$1.65k (839%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Blank Audio Media BY Armenia WERE (2022 - 2023):
Russia-$819k (-34.8%)
United Arab Emirates-$5.5k (-100%)
Morocco-$611 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Blank Audio Media were:
In 2023, Armenia's main importing competitors in Blank Audio Media were:

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Trade Value of Blank Audio Media by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $40.3k
TOP IMPORT POTENTIALChina+ $1.36M

Blank Audio Media’s highest export potential is Georgia. With an export gap of $40.3k.   Blank Audio Media’s highest import potential is China with an import gap of $1.36M.

See methodology.

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