2023
Exports
$47.6kWorld Rnk 150 / 176
Flag Rnk 649 / 973
falsefalse Switzerland
2023
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.62Rnk 738 / 1025
2023
Imports
$25World Rnk 124 / 126
Flag Rnk 1132 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $47.6k in Precious Metal Scraps, making it the 150th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 649th most exported product in Armenia. The main destination of Precious Metal Scraps exports from Armenia are: Switzerland ($43.7k) and Russia ($3.86k).

Imports In 2023, Armenia imported $25 in Precious Metal Scraps, becoming the 124th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1132nd most imported product in Armenia. Armenia imports Precious Metal Scraps primarily from: Kyrgyzstan ($25).

The fastest growing import markets in Precious Metal Scraps for Armenia between 2022 and 2023 were Kyrgyzstan ($25).

Latest Trends

Dec 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 Precious Metal Scraps. 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 (2023)$47.6k
IMPORTS (2023)$25
NET TRADE (2023)$47.6k

In 2023, Armenia exported $47.6k in Precious Metal Scraps. The main destinations of Armenia exports on Precious Metal Scraps were Switzerland ($43.7k) and Russia ($3.86k).

In 2023, Armenia imported $25 in Precious Metal Scraps, mainly from Kyrgyzstan ($25).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Armenia WERE (2022 - 2023):
Russia-$562k (-99.3%)
Lithuania-$168k (-100%)
Switzerland-$61.9k (-58.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Precious Metal Scraps were:
In 2023, Armenia's main importing competitors in Precious Metal Scraps were:

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSwitzerland+ $285k
TOP IMPORT POTENTIALUnited States+ $1.56k

Precious Metal Scraps’s highest export potential is Switzerland. With an export gap of $285k.   Precious Metal Scraps’s highest import potential is United States with an import gap of $1.56k.

See methodology.

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