2022
Exports
$97.1kWorld Rnk 75 / 94
Flag Rnk 556 / 945
2022
PRODUCT COMPLEXITY IN Platinum
0.58Rnk 328 / 1025
2022
Imports
$965kWorld Rnk 64 / 143
Flag Rnk 565 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $97.1k in Platinum, making it the 75th largest exporter of Platinum in the world. At the same year, Platinum was the 556th most exported product in Armenia. The main destination of Platinum exports from Armenia are: Russia ($64.5k) and Kazakhstan ($32.6k).

The fastest growing export markets for Platinum of Armenia between 2021 and 2022 were Kazakhstan ($32.6k) and Russia ($6.09k).

Imports In 2022, Armenia imported $965k in Platinum, becoming the 64th largest importer of Platinum in the world. At the same year, Platinum was the 565th most imported product in Armenia. Armenia imports Platinum primarily from: Russia ($961k), Italy ($2.6k), Germany ($845), and United States ($566).

The fastest growing import markets in Platinum for Armenia between 2021 and 2022 were Russia ($961k), Italy ($1.12k), and Germany ($845).

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 Platinum. 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)$97.1k
IMPORTS (2022)$965k
NET TRADE (2022)-$868k

In 2022, Armenia exported $97.1k in Platinum. The main destinations of Armenia exports on Platinum were Russia ($64.5k) and Kazakhstan ($32.6k).

In 2022, Armenia imported $965k in Platinum, mainly from Russia ($961k), Italy ($2.6k), Germany ($845), and United States ($566).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Platinum EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Kazakhstan$32.6k (1%)
Russia$6.09k (10.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Platinum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.07k
TOP IMPORT POTENTIALRussia+ $280k

Platinum’s highest export potential is United States. With an export gap of $2.07k.   Platinum’s highest import potential is Russia with an import gap of $280k.

See methodology.

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