2022
Exports
$12.1kWorld Rnk 102 / 146
Flag Rnk 743 / 945
2022
PRODUCT COMPLEXITY IN Petroleum Jelly
-0.22Rnk 621 / 1025
2022
Imports
$305kWorld Rnk 141 / 209
Flag Rnk 768 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $12.1k in Petroleum Jelly, making it the 102nd largest exporter of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 743rd most exported product in Armenia. The main destination of Petroleum Jelly exports from Armenia are: Russia ($12k), France ($57), and Latvia ($29).

The fastest growing export markets for Petroleum Jelly of Armenia between N/A and 2022 were Russia ($12k), France ($57), and Latvia ($29).

Imports In 2022, Armenia imported $305k in Petroleum Jelly, becoming the 141st largest importer of Petroleum Jelly in the world. At the same year, Petroleum Jelly was the 768th most imported product in Armenia. Armenia imports Petroleum Jelly primarily from: Iran ($181k), Netherlands ($29.2k), Russia ($18.5k), Germany ($11.4k), and Poland ($10.9k).

The fastest growing import markets in Petroleum Jelly for Armenia between 2021 and 2022 were Netherlands ($28.3k), Poland ($8.97k), and Georgia ($8.57k).

Latest Trends

Sep 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 Petroleum Jelly. 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)$12.1k
IMPORTS (2022)$305k
NET TRADE (2022)-$293k

In 2022, Armenia exported $12.1k in Petroleum Jelly. The main destinations of Armenia exports on Petroleum Jelly were Russia ($12k), France ($57), and Latvia ($29).

In 2022, Armenia imported $305k in Petroleum Jelly, mainly from Iran ($181k), Netherlands ($29.2k), Russia ($18.5k), Germany ($11.4k), and Poland ($10.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Jelly EXPORT MARKETS FOR Armenia WERE (N/A - 2022):
Russia$12k (1%)
France$57 (1%)
Latvia$29 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Petroleum Jelly were:
In 2022, Armenia's main importing competitors in Petroleum Jelly were:

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Trade Value of Petroleum Jelly by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $938
TOP IMPORT POTENTIALIran+ $45.9k

Petroleum Jelly’s highest export potential is United States. With an export gap of $938.   Petroleum Jelly’s highest import potential is Iran with an import gap of $45.9k.

See methodology.

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