2022
Exports
$14.5kWorld Rnk 83 / 109
Flag Rnk 734 / 945
falsefalse India
2022
PRODUCT COMPLEXITY IN Flat-Rolled Iron
1.12Rnk 129 / 1025
2022
Imports
$313kWorld Rnk 112 / 182
Flag Rnk 764 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $14.5k in Flat-Rolled Iron, making it the 83rd largest exporter of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 734th most exported product in Armenia. The main destination of Flat-Rolled Iron exports from Armenia are: India ($14.5k).

Imports In 2022, Armenia imported $313k in Flat-Rolled Iron, becoming the 112th largest importer of Flat-Rolled Iron in the world. At the same year, Flat-Rolled Iron was the 764th most imported product in Armenia. Armenia imports Flat-Rolled Iron primarily from: Russia ($128k), India ($98.2k), China ($67.6k), Germany ($12.8k), and Switzerland ($5.03k).

The fastest growing import markets in Flat-Rolled Iron for Armenia between 2021 and 2022 were Russia ($96.8k), China ($67.6k), and India ($15.6k).

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-Rolled Iron. 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)$14.5k
IMPORTS (2022)$313k
NET TRADE (2022)-$298k

In 2022, Armenia exported $14.5k in Flat-Rolled Iron. The main destinations of Armenia exports on Flat-Rolled Iron were India ($14.5k).

In 2022, Armenia imported $313k in Flat-Rolled Iron, mainly from Russia ($128k), India ($98.2k), China ($67.6k), Germany ($12.8k), and Switzerland ($5.03k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flat-Rolled Iron BY Armenia WERE (2021 - 2022):India-$5.21k (-26.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Flat-Rolled Iron were:
In 2022, Armenia's main importing competitors in Flat-Rolled Iron were:

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Trade Value of Flat-Rolled Iron by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $10k
TOP IMPORT POTENTIALChina+ $50.3k

Flat-Rolled Iron’s highest export potential is India. With an export gap of $10k.   Flat-Rolled Iron’s highest import potential is China with an import gap of $50.3k.

See methodology.

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