2023
Exports
$34.4kWorld Rnk 81 / 178
Flag Rnk 678 / 973
2023
PRODUCT COMPLEXITY IN Glands and Other Organs
0.53Rnk 358 / 1025
2023
Imports
$189kWorld Rnk 115 / 202
Flag Rnk 848 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $34.4k in Glands and Other Organs, making it the 81st largest exporter of Glands and Other Organs in the world. At the same year, Glands and Other Organs was the 678th most exported product in Armenia. The main destination of Glands and Other Organs exports from Armenia are: Russia ($29.8k), Belgium ($2.6k), United States ($730), Austria ($368), and Germany ($351).

The fastest growing export markets for Glands and Other Organs of Armenia between 2022 and 2023 were Belgium ($2.34k), Spain ($344), and Austria ($342).

Imports In 2023, Armenia imported $189k in Glands and Other Organs, becoming the 115th largest importer of Glands and Other Organs in the world. At the same year, Glands and Other Organs was the 848th most imported product in Armenia. Armenia imports Glands and Other Organs primarily from: United States ($116k), Russia ($27.2k), Germany ($10.8k), United Kingdom ($9.15k), and Switzerland ($7.5k).

The fastest growing import markets in Glands and Other Organs for Armenia between 2022 and 2023 were United States ($36.5k), Russia ($12.4k), and Germany ($5.57k).

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 Glands and Other Organs. 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)$34.4k
IMPORTS (2023)$189k
NET TRADE (2023)-$155k

In 2023, Armenia exported $34.4k in Glands and Other Organs. The main destinations of Armenia exports on Glands and Other Organs were Russia ($29.8k), Belgium ($2.6k), United States ($730), Austria ($368), and Germany ($351).

In 2023, Armenia imported $189k in Glands and Other Organs, mainly from United States ($116k), Russia ($27.2k), Germany ($10.8k), United Kingdom ($9.15k), and Switzerland ($7.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glands and Other Organs EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Belgium$2.34k (919%)
Spain$344 (1%)
Austria$342 (1.32k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glands and Other Organs BY Armenia WERE (2022 - 2023):
Russia-$4.93k (-14.2%)
Netherlands-$499 (-100%)
Turkey-$83 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Glands and Other Organs were:
In 2023, Armenia's main importing competitors in Glands and Other Organs were:

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Trade Value of Glands and Other Organs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $14.7k
TOP IMPORT POTENTIALUnited States+ $30.1k

Glands and Other Organs’s highest export potential is Russia. With an export gap of $14.7k.   Glands and Other Organs’s highest import potential is United States with an import gap of $30.1k.

See methodology.

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