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2022
Exports $383kWorld Rnk 71 / 120
Flag Rnk 361 / 945
2022
Destination $357k Russia
2021 - 2022
FASTEST GROWING MARKET $357kRussia
2022
PRODUCT COMPLEXITY IN Flat Flat-Rolled Steel1.38Rnk 72 / 1025
2022
Imports $1.35MWorld Rnk 124 / 201
Flag Rnk 505 / 1142
2022
Origin $276k Sweden
2021 - 2022
FASTEST GROWING ORIGIN $276kSweden
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $383k in Flat Flat-Rolled Steel, making it the 71st largest exporter of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 361st most exported product in Armenia. The main destination of Flat Flat-Rolled Steel exports from Armenia are: Russia ($357k), Georgia ($23.3k), and Italy ($3k).

The fastest growing export markets for Flat Flat-Rolled Steel of Armenia between 2021 and 2022 were Russia ($357k) and Italy ($3k).

Imports In 2022, Armenia imported $1.35M in Flat Flat-Rolled Steel, becoming the 124th largest importer of Flat Flat-Rolled Steel in the world. At the same year, Flat Flat-Rolled Steel was the 505th most imported product in Armenia. Armenia imports Flat Flat-Rolled Steel primarily from: Sweden ($594k), Latvia ($253k), Russia ($205k), Finland ($169k), and China ($88.1k).

The fastest growing import markets in Flat Flat-Rolled Steel for Armenia between 2021 and 2022 were Sweden ($276k), Latvia ($253k), and Finland ($106k).

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 Flat Flat-Rolled Steel. 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)$383k
IMPORTS (2022)$1.35M
NET TRADE (2022)-$970k

In 2022, Armenia exported $383k in Flat Flat-Rolled Steel. The main destinations of Armenia exports on Flat Flat-Rolled Steel were Russia ($357k), Georgia ($23.3k), and Italy ($3k).

In 2022, Armenia imported $1.35M in Flat Flat-Rolled Steel, mainly from Sweden ($594k), Latvia ($253k), Russia ($205k), Finland ($169k), and China ($88.1k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Flat Flat-Rolled Steel EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$357k (1%)
Italy$3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat Flat-Rolled Steel BY Armenia WERE (2021 - 2022):Georgia-$74.1k (-76.1%)
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Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Flat Flat-Rolled Steel were:
Japan $6.3B
China $5.89B
Germany $3.91B
In 2022, Armenia's main importing competitors in Flat Flat-Rolled Steel were:
Mexico $2.75B
Germany $2.58B
Italy $2.38B

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Trade Value of Flat Flat-Rolled Steel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $20.1k
TOP IMPORT POTENTIALChina+ $170k

Flat Flat-Rolled Steel’s highest export potential is Italy. With an export gap of $20.1k.   Flat Flat-Rolled Steel’s highest import potential is China with an import gap of $170k.

See methodology.

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