2023
Exports
$414kWorld Rnk 57 / 118
Flag Rnk 377 / 973
2023
PRODUCT COMPLEXITY IN Iron Powder
0.86Rnk 230 / 1025
2023
Imports
$269kWorld Rnk 89 / 169
Flag Rnk 798 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $414k in Iron Powder, making it the 57th largest exporter of Iron Powder in the world. At the same year, Iron Powder was the 377th most exported product in Armenia. The main destination of Iron Powder exports from Armenia are: Russia ($414k).

The fastest growing export markets for Iron Powder of Armenia between 2022 and 2023 were Russia ($303k).

Imports In 2023, Armenia imported $269k in Iron Powder, becoming the 89th largest importer of Iron Powder in the world. At the same year, Iron Powder was the 798th most imported product in Armenia. Armenia imports Iron Powder primarily from: Germany ($160k), United States ($82.2k), Egypt ($19.4k), Estonia ($4.67k), and China ($1.93k).

The fastest growing import markets in Iron Powder for Armenia between 2022 and 2023 were Germany ($80.2k), Egypt ($19.4k), and United States ($6.57k).

Latest Trends

Jan 2025

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 Iron Powder. 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)$414k
IMPORTS (2023)$269k
NET TRADE (2023)$145k

In 2023, Armenia exported $414k in Iron Powder. The main destinations of Armenia exports on Iron Powder were Russia ($414k).

In 2023, Armenia imported $269k in Iron Powder, mainly from Germany ($160k), United States ($82.2k), Egypt ($19.4k), Estonia ($4.67k), and China ($1.93k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Powder EXPORT MARKETS FOR Armenia WERE (2022 - 2023):Russia$303k (275%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Powder BY Armenia WERE (2022 - 2023):Ukraine-$36.3k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Iron Powder were:
China $297M
Japan $241M
In 2023, Armenia's main importing competitors in Iron Powder were:

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Trade Value of Iron Powder by Exporters

Potential Exports

Potential Exports

Flow
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N/A
N/AN/A
N/AN/A

Iron Powder’s highest export potential is N/A. With an export gap of N/A.   Iron Powder’s highest import potential is N/A with an import gap of N/A.

See methodology.

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