2022
Exports
$1.07BWorld Rnk 39 / 181
Flag Rnk 2 / 96
2022
PRODUCT COMPLEXITY IN Ores, slag and ash
0.0043Rnk 546 / 1025
2022
Imports
$2.84MWorld Rnk 109 / 198
Flag Rnk 79 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.07B in Ores, slag and ash, making it the 39th largest exporter of Ores, slag and ash in the world. At the same year, Ores, slag and ash was the 2nd most exported product in Armenia. The main destination of Ores, slag and ash exports from Armenia are: China ($358M), Switzerland ($244M), Bulgaria ($206M), Georgia ($91.2M), and Spain ($58.1M).

The fastest growing export markets for Ores, slag and ash of Armenia between 2021 and 2022 were Georgia ($86.4M), Russia ($41.4M), and Belgium ($16.8M).

Imports In 2022, Armenia imported $2.84M in Ores, slag and ash, becoming the 109th largest importer of Ores, slag and ash in the world. At the same year, Ores, slag and ash was the 79th most imported product in Armenia. Armenia imports Ores, slag and ash primarily from: Iran ($1.57M), Russia ($1.08M), Netherlands ($172k), Brazil ($4.81k), and Georgia ($3.66k).

The fastest growing import markets in Ores, slag and ash for Armenia between 2021 and 2022 were Iran ($465k), Netherlands ($87.7k), and Brazil ($4.81k).

Latest Trends

Nov 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 Ores, slag and ash. 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)$1.07B
IMPORTS (2022)$2.84M
NET TRADE (2022)$1.07B

In 2022, Armenia exported $1.07B in Ores, slag and ash. The main destinations of Armenia exports on Ores, slag and ash were China ($358M), Switzerland ($244M), Bulgaria ($206M), Georgia ($91.2M), and Spain ($58.1M).

In 2022, Armenia imported $2.84M in Ores, slag and ash, mainly from Iran ($1.57M), Russia ($1.08M), Netherlands ($172k), Brazil ($4.81k), and Georgia ($3.66k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ores, slag and ash EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$86.4M (1.79k%)
Russia$41.4M (4.52k%)
Belgium$16.8M (76.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ores, slag and ash BY Armenia WERE (2021 - 2022):
Switzerland-$70.4M (-22.4%)
China-$28.3M (-7.31%)
Spain-$6.4M (-9.93%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Ores, slag and ash were:
In 2022, Armenia's main importing competitors in Ores, slag and ash were:

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Trade Value of Ores, slag and ash by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $87.6M
TOP IMPORT POTENTIALRussia+ $18.1k

Ores, slag and ash’s highest export potential is China. With an export gap of $87.6M.   Ores, slag and ash’s highest import potential is Russia with an import gap of $18.1k.

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