2022
Exports
$172MWorld Rnk 21 / 109
Flag Rnk 9 / 945
falsefalse Georgia
2022
PRODUCT COMPLEXITY IN Precious Metal Ore
-1.71Rnk 973 / 1025
2022
Imports
$202World Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $172M in Precious Metal Ore, making it the 21st largest exporter of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 9th most exported product in Armenia. The main destination of Precious Metal Ore exports from Armenia are: Georgia ($86.3M), Switzerland ($82.3M), Malaysia ($3.11M), Netherlands ($59), and China ($48).

The fastest growing export markets for Precious Metal Ore of Armenia between 2021 and 2022 were Georgia ($82.3M), Switzerland ($66.8M), and Malaysia ($3.11M).

Imports In 2019, Armenia imported $202 in Precious Metal Ore, becoming the 0th largest importer of Precious Metal Ore in the world. At the same year, Precious Metal Ore was the 0th most imported product in Armenia. Armenia imports Precious Metal Ore primarily from: N/A.

Latest Trends

Oct 2024

Subnational Monthly Trade

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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 Precious Metal 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)$172M
IMPORTS (2019)$202
NET TRADE (2022)$172M

In 2022, Armenia exported $172M in Precious Metal Ore. The main destinations of Armenia exports on Precious Metal Ore were Georgia ($86.3M), Switzerland ($82.3M), Malaysia ($3.11M), Netherlands ($59), and China ($48).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Ore EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$82.3M (2.02k%)
Switzerland$66.8M (432%)
Malaysia$3.11M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Ore BY Armenia WERE (2021 - 2022):
Russia-$323 (-100%)
Iran-$4 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Precious Metal Ore were:
In 2022, Armenia's main importing competitors in Precious Metal Ore were:

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Trade Value of Precious Metal Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $9.23k
TOP IMPORT POTENTIALSouth Africa+ $395

Precious Metal Ore’s highest export potential is China. With an export gap of $9.23k.   Precious Metal Ore’s highest import potential is South Africa with an import gap of $395.

See methodology.

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