Exports In 2022, Armenia exported $324M in Iron & steel, making it the 80th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 6th most exported product in Armenia. The main destination of Iron & steel exports from Armenia are: Netherlands ($198M), Russia ($52.5M), Germany ($26.8M), Slovenia ($11.4M), and Georgia ($10.9M).
The fastest growing export markets for Iron & steel of Armenia between 2021 and 2022 were Russia ($40.3M), Netherlands ($22.7M), and Czechia ($5.99M).
Imports In 2022, Armenia imported $191M in Iron & steel, becoming the 124th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 10th most imported product in Armenia. Armenia imports Iron & steel primarily from: Iran ($105M), Russia ($40.3M), Georgia ($16.9M), China ($5.58M), and Turkey ($5.17M).
The fastest growing import markets in Iron & steel for Armenia between 2021 and 2022 were Iran ($42.6M), Russia ($16.8M), and Georgia ($10.1M).