2022
Exports
$73.9kWorld Rnk 109 / 178
Flag Rnk 580 / 945
2022
PRODUCT COMPLEXITY IN Gravel and Crushed Stone
-0.31Rnk 651 / 1025
2022
Imports
$652kWorld Rnk 114 / 207
Flag Rnk 630 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $73.9k in Gravel and Crushed Stone, making it the 109th largest exporter of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 580th most exported product in Armenia. The main destination of Gravel and Crushed Stone exports from Armenia are: Russia ($71.5k) and Belarus ($2.42k).

The fastest growing export markets for Gravel and Crushed Stone of Armenia between 2021 and 2022 were Russia ($64.7k) and Belarus ($2.42k).

Imports In 2022, Armenia imported $652k in Gravel and Crushed Stone, becoming the 114th largest importer of Gravel and Crushed Stone in the world. At the same year, Gravel and Crushed Stone was the 630th most imported product in Armenia. Armenia imports Gravel and Crushed Stone primarily from: Georgia ($408k), Iran ($104k), Turkey ($78.9k), Greece ($13.3k), and France ($11.9k).

The fastest growing import markets in Gravel and Crushed Stone for Armenia between 2021 and 2022 were Greece ($13.3k), France ($11.9k), and Turkey ($9.93k).

Latest Trends

Oct 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 Gravel and Crushed Stone. 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)$73.9k
IMPORTS (2022)$652k
NET TRADE (2022)-$578k

In 2022, Armenia exported $73.9k in Gravel and Crushed Stone. The main destinations of Armenia exports on Gravel and Crushed Stone were Russia ($71.5k) and Belarus ($2.42k).

In 2022, Armenia imported $652k in Gravel and Crushed Stone, mainly from Georgia ($408k), Iran ($104k), Turkey ($78.9k), Greece ($13.3k), and France ($11.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Gravel and Crushed Stone EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$64.7k (952%)
Belarus$2.42k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Gravel and Crushed Stone BY Armenia WERE (2021 - 2022):United Kingdom-$20 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Gravel and Crushed Stone were:
In 2022, Armenia's main importing competitors in Gravel and Crushed Stone were:

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Trade Value of Gravel and Crushed Stone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALBelarus+ $1.74k
TOP IMPORT POTENTIALTurkey+ $24.9k

Gravel and Crushed Stone’s highest export potential is Belarus. With an export gap of $1.74k.   Gravel and Crushed Stone’s highest import potential is Turkey with an import gap of $24.9k.

See methodology.

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