2022
Exports
$82World Rnk 111 / 116
Flag Rnk 911 / 945
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$279kWorld Rnk 100 / 172
Flag Rnk 779 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $82 in Magnesium Carbonate, making it the 111th largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 911th most exported product in Armenia. The main destination of Magnesium Carbonate exports from Armenia are: Russia ($82).

The fastest growing export markets for Magnesium Carbonate of Armenia between N/A and 2022 were Russia ($82).

Imports In 2022, Armenia imported $279k in Magnesium Carbonate, becoming the 100th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 779th most imported product in Armenia. Armenia imports Magnesium Carbonate primarily from: Russia ($229k), China ($29.5k), Slovakia ($7.89k), Turkey ($6.01k), and Greece ($2.59k).

The fastest growing import markets in Magnesium Carbonate for Armenia between 2021 and 2022 were Russia ($51.1k), China ($29.5k), and Slovakia ($7.89k).

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 Magnesium Carbonate. 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)$82
IMPORTS (2022)$279k
NET TRADE (2022)-$279k

In 2022, Armenia exported $82 in Magnesium Carbonate. The main destinations of Armenia exports on Magnesium Carbonate were Russia ($82).

In 2022, Armenia imported $279k in Magnesium Carbonate, mainly from Russia ($229k), China ($29.5k), Slovakia ($7.89k), Turkey ($6.01k), and Greece ($2.59k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Armenia WERE (N/A - 2022):Russia$82 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Armenia's main exporting competitors in Magnesium Carbonate were:
In 2022, Armenia's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $443
TOP IMPORT POTENTIALChina+ $45.3k

Magnesium Carbonate’s highest export potential is India. With an export gap of $443.   Magnesium Carbonate’s highest import potential is China with an import gap of $45.3k.

See methodology.

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