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2018
Exports $161MWorld Rnk 7 / 71
Flag Rnk 10 / 945
2018
Destination $29.8M China
2021 - 2022
FASTEST GROWING MARKET $29.8MRussia
2022
PRODUCT COMPLEXITY IN Molybdenum Ore-0.63Rnk 742 / 1025
2018
Imports $1.34MWorld Rnk 35 / 80
Flag Rnk 507 / 1142
2018
Origin $456k Iran
2021 - 2022
FASTEST GROWING ORIGIN $456kIran
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2018, Armenia exported $161M in Molybdenum Ore, making it the 7th largest exporter of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 10th most exported product in Armenia. The main destination of Molybdenum Ore exports from Armenia are: China ($80.9M), Russia ($30.7M), Belgium ($19.8M), South Korea ($11.8M), and Chile ($9.02M).

The fastest growing export markets for Molybdenum Ore of Armenia between 2021 and 2022 were Russia ($29.8M), Belgium ($14M), and Chile ($9.02M).

Imports In 2022, Armenia imported $1.34M in Molybdenum Ore, becoming the 35th largest importer of Molybdenum Ore in the world. At the same year, Molybdenum Ore was the 507th most imported product in Armenia. Armenia imports Molybdenum Ore primarily from: Iran ($1.34M).

The fastest growing import markets in Molybdenum Ore for Armenia between 2021 and 2022 were Iran ($456k).

Latest Trends

Oct 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 Molybdenum Ore. 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)$161M
IMPORTS (2022)$1.34M
NET TRADE (2022)$160M

In 2022, Armenia exported $161M in Molybdenum Ore. The main destinations of Armenia exports on Molybdenum Ore were China ($80.9M), Russia ($30.7M), Belgium ($19.8M), South Korea ($11.8M), and Chile ($9.02M).

In 2022, Armenia imported $1.34M in Molybdenum Ore, mainly from Iran ($1.34M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Molybdenum Ore EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$29.8M (3.24k%)
Belgium$14M (245%)
Chile$9.02M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Molybdenum Ore BY Armenia WERE (2021 - 2022):
China-$19.3M (-19.2%)
Switzerland-$11M (-100%)
United Kingdom-$54 (-79.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Molybdenum Ore were:
Chile $1.85B
United States $1.06B
Peru $861M
In 2022, Armenia's main importing competitors in Molybdenum Ore were:
Netherlands $903M
South Korea $791M
Japan $769M

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Trade Value of Molybdenum Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALSouth Korea+ $715k
TOP IMPORT POTENTIALUnited States+ $1.42k

Molybdenum Ore’s highest export potential is South Korea. With an export gap of $715k.   Molybdenum Ore’s highest import potential is United States with an import gap of $1.42k.

See methodology.

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