2023
Exports
$264kWorld Rnk 97 / 151
Flag Rnk 440 / 973
2023
PRODUCT COMPLEXITY IN Buses
0.24Rnk 481 / 1025
2023
Imports
$122MWorld Rnk 41 / 212
Flag Rnk 13 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $264k in Buses, making it the 97th largest exporter of Buses in the world. At the same year, Buses was the 440th most exported product in Armenia. The main destination of Buses exports from Armenia are: Russia ($178k), Kyrgyzstan ($77.7k), and Georgia ($7.86k).

The fastest growing export markets for Buses of Armenia between 2022 and 2023 were Kyrgyzstan ($77.7k).

Imports In 2023, Armenia imported $122M in Buses, becoming the 41st largest importer of Buses in the world. At the same year, Buses was the 13th most imported product in Armenia. Armenia imports Buses primarily from: Poland ($53.9M), China ($45.1M), Georgia ($19.6M), United Arab Emirates ($1.49M), and Japan ($362k).

The fastest growing import markets in Buses for Armenia between 2022 and 2023 were Poland ($53.9M), China ($25.3M), and Georgia ($10.8M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Buses. 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)$264k
IMPORTS (2023)$122M
NET TRADE (2023)-$122M

In 2023, Armenia exported $264k in Buses. The main destinations of Armenia exports on Buses were Russia ($178k), Kyrgyzstan ($77.7k), and Georgia ($7.86k).

In 2023, Armenia imported $122M in Buses, mainly from Poland ($53.9M), China ($45.1M), Georgia ($19.6M), United Arab Emirates ($1.49M), and Japan ($362k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buses EXPORT MARKETS FOR Armenia WERE (2022 - 2023):Kyrgyzstan$77.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buses BY Armenia WERE (2022 - 2023):
Russia-$8.81k (-4.71%)
Georgia-$3.94k (-33.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Buses were:
China $3.94B
Turkey $2.49B
Japan $2.3B
In 2023, Armenia's main importing competitors in Buses were:

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Trade Value of Buses by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $36.4k
TOP IMPORT POTENTIALJapan+ $637k

Buses’s highest export potential is Russia. With an export gap of $36.4k.   Buses’s highest import potential is Japan with an import gap of $637k.

See methodology.

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