2022
Exports
$26.1kWorld Rnk 110 / 182
Flag Rnk 694 / 945
2022
PRODUCT COMPLEXITY IN Radio Receivers
0.42Rnk 398 / 1025
2022
Imports
$1.57MWorld Rnk 129 / 214
Flag Rnk 478 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $26.1k in Radio Receivers, making it the 110th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 694th most exported product in Armenia. The main destination of Radio Receivers exports from Armenia are: Russia ($21.4k), Belarus ($3.86k), Georgia ($664), and Italy ($199).

The fastest growing export markets for Radio Receivers of Armenia between 2021 and 2022 were Russia ($21.3k), Belarus ($3.86k), and Georgia ($659).

Imports In 2022, Armenia imported $1.57M in Radio Receivers, becoming the 129th largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 478th most imported product in Armenia. Armenia imports Radio Receivers primarily from: China ($1.03M), Russia ($130k), United Arab Emirates ($71k), Finland ($69.7k), and Spain ($57.7k).

The fastest growing import markets in Radio Receivers for Armenia between 2021 and 2022 were China ($645k), Finland ($69.7k), and Spain ($57.7k).

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 Radio Receivers. 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)$26.1k
IMPORTS (2022)$1.57M
NET TRADE (2022)-$1.55M

In 2022, Armenia exported $26.1k in Radio Receivers. The main destinations of Armenia exports on Radio Receivers were Russia ($21.4k), Belarus ($3.86k), Georgia ($664), and Italy ($199).

In 2022, Armenia imported $1.57M in Radio Receivers, mainly from China ($1.03M), Russia ($130k), United Arab Emirates ($71k), Finland ($69.7k), and Spain ($57.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$21.3k (26.6k%)
Belarus$3.86k (1%)
Georgia$659 (13.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Armenia WERE (2021 - 2022):Ethiopia-$169 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Radio Receivers were:
China $4.02B
Mexico $1.85B
In 2022, Armenia's main importing competitors in Radio Receivers were:

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Trade Value of Radio Receivers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $9.3k
TOP IMPORT POTENTIALChina+ $340k

Radio Receivers’s highest export potential is Russia. With an export gap of $9.3k.   Radio Receivers’s highest import potential is China with an import gap of $340k.

See methodology.

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