2022
Exports
$756kWorld Rnk 62 / 177
Flag Rnk 288 / 945
2022
PRODUCT COMPLEXITY IN Milling Stones
1.24Rnk 102 / 1025
2022
Imports
$3MWorld Rnk 106 / 220
Flag Rnk 363 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $756k in Milling Stones, making it the 62nd largest exporter of Milling Stones in the world. At the same year, Milling Stones was the 288th most exported product in Armenia. The main destination of Milling Stones exports from Armenia are: Russia ($610k), Iran ($71.3k), Belarus ($26.6k), South Korea ($19k), and United Arab Emirates ($15.8k).

The fastest growing export markets for Milling Stones of Armenia between 2021 and 2022 were Russia ($596k), Belarus ($26.5k), and South Korea ($19k).

Imports In 2022, Armenia imported $3M in Milling Stones, becoming the 106th largest importer of Milling Stones in the world. At the same year, Milling Stones was the 363rd most imported product in Armenia. Armenia imports Milling Stones primarily from: China ($726k), Ukraine ($608k), Georgia ($378k), Russia ($262k), and Poland ($234k).

The fastest growing import markets in Milling Stones for Armenia between 2021 and 2022 were Ukraine ($463k), Turkey ($93.2k), and Lithuania ($79.8k).

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 Milling Stones. 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)$756k
IMPORTS (2022)$3M
NET TRADE (2022)-$2.24M

In 2022, Armenia exported $756k in Milling Stones. The main destinations of Armenia exports on Milling Stones were Russia ($610k), Iran ($71.3k), Belarus ($26.6k), South Korea ($19k), and United Arab Emirates ($15.8k).

In 2022, Armenia imported $3M in Milling Stones, mainly from China ($726k), Ukraine ($608k), Georgia ($378k), Russia ($262k), and Poland ($234k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milling Stones EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$596k (4.06k%)
Belarus$26.5k (19.5k%)
South Korea$19k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milling Stones BY Armenia WERE (2021 - 2022):
Austria-$53 (-100%)
France-$30 (-100%)
Kyrgyzstan-$8 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Milling Stones were:
In 2022, Armenia's main importing competitors in Milling Stones were:

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Trade Value of Milling Stones by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $67.9k
TOP IMPORT POTENTIALChina+ $321k

Milling Stones’s highest export potential is Iran. With an export gap of $67.9k.   Milling Stones’s highest import potential is China with an import gap of $321k.

See methodology.

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