2022
Exports
$9World Rnk 148 / 148
Flag Rnk 938 / 945
falsefalse Russia
2022
PRODUCT COMPLEXITY IN Other Iron Bars
-0.18Rnk 608 / 1025
2022
Imports
$515kWorld Rnk 140 / 213
Flag Rnk 683 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $9 in Other Iron Bars, making it the 148th largest exporter of Other Iron Bars in the world. At the same year, Other Iron Bars was the 938th most exported product in Armenia. The main destination of Other Iron Bars exports from Armenia are: Russia ($9).

Imports In 2022, Armenia imported $515k in Other Iron Bars, becoming the 140th largest importer of Other Iron Bars in the world. At the same year, Other Iron Bars was the 683rd most imported product in Armenia. Armenia imports Other Iron Bars primarily from: Iran ($344k), Turkey ($104k), Georgia ($27.8k), Russia ($21.7k), and Lithuania ($8.78k).

The fastest growing import markets in Other Iron Bars for Armenia between 2021 and 2022 were Turkey ($104k), Iran ($86.3k), and Georgia ($27.8k).

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 Other Iron Bars. 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)$9
IMPORTS (2022)$515k
NET TRADE (2022)-$515k

In 2022, Armenia exported $9 in Other Iron Bars. The main destinations of Armenia exports on Other Iron Bars were Russia ($9).

In 2022, Armenia imported $515k in Other Iron Bars, mainly from Iran ($344k), Turkey ($104k), Georgia ($27.8k), Russia ($21.7k), and Lithuania ($8.78k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Iron Bars BY Armenia WERE (2021 - 2022):Russia-$3 (-25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Iron Bars were:
In 2022, Armenia's main importing competitors in Other Iron Bars were:

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Trade Value of Other Iron Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $420
TOP IMPORT POTENTIALTurkey+ $59.7k

Other Iron Bars’s highest export potential is Germany. With an export gap of $420.   Other Iron Bars’s highest import potential is Turkey with an import gap of $59.7k.

See methodology.

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