2022
Exports
$404kWorld Rnk 62 / 136
Flag Rnk 354 / 945
2022
PRODUCT COMPLEXITY IN Iron Radiators
0.62Rnk 311 / 1025
2022
Imports
$5.05MWorld Rnk 55 / 206
Flag Rnk 273 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $404k in Iron Radiators, making it the 62nd largest exporter of Iron Radiators in the world. At the same year, Iron Radiators was the 354th most exported product in Armenia. The main destination of Iron Radiators exports from Armenia are: Russia ($397k), Belarus ($4.39k), and Georgia ($2.5k).

The fastest growing export markets for Iron Radiators of Armenia between 2021 and 2022 were Russia ($194k), Belarus ($4.39k), and Georgia ($2.5k).

Imports In 2022, Armenia imported $5.05M in Iron Radiators, becoming the 55th largest importer of Iron Radiators in the world. At the same year, Iron Radiators was the 273rd most imported product in Armenia. Armenia imports Iron Radiators primarily from: Russia ($1.12M), Turkey ($959k), Iran ($760k), China ($690k), and Italy ($453k).

The fastest growing import markets in Iron Radiators for Armenia between 2021 and 2022 were Turkey ($959k), Iran ($481k), and China ($382k).

Latest Trends

Jul 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 Iron Radiators. 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)$404k
IMPORTS (2022)$5.05M
NET TRADE (2022)-$4.65M

In 2022, Armenia exported $404k in Iron Radiators. The main destinations of Armenia exports on Iron Radiators were Russia ($397k), Belarus ($4.39k), and Georgia ($2.5k).

In 2022, Armenia imported $5.05M in Iron Radiators, mainly from Russia ($1.12M), Turkey ($959k), Iran ($760k), China ($690k), and Italy ($453k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Radiators EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$194k (95.2%)
Belarus$4.39k (1%)
Georgia$2.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Radiators BY Armenia WERE (2021 - 2022):Iran-$143k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Iron Radiators by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $5.78k
TOP IMPORT POTENTIALTurkey+ $338k

Iron Radiators’s highest export potential is Georgia. With an export gap of $5.78k.   Iron Radiators’s highest import potential is Turkey with an import gap of $338k.

See methodology.

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