2023
Exports
$268kWorld Rnk 65 / 184
Flag Rnk 435 / 973
2023
PRODUCT COMPLEXITY IN Radio Receivers
0.62Rnk 320 / 1025
2023
Imports
$3.7MWorld Rnk 97 / 216
Flag Rnk 361 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $268k in Radio Receivers, making it the 65th largest exporter of Radio Receivers in the world. At the same year, Radio Receivers was the 435th most exported product in Armenia. The main destination of Radio Receivers exports from Armenia are: Russia ($255k), Hungary ($12.2k), Colombia ($1.1k), and Belarus ($76).

The fastest growing export markets for Radio Receivers of Armenia between 2022 and 2023 were Russia ($233k), Hungary ($12.2k), and Colombia ($1.1k).

Imports In 2023, Armenia imported $3.7M in Radio Receivers, becoming the 97th largest importer of Radio Receivers in the world. At the same year, Radio Receivers was the 361st most imported product in Armenia. Armenia imports Radio Receivers primarily from: Russia ($1.84M), China ($1.14M), United Arab Emirates ($332k), Bulgaria ($90.7k), and Curaçao ($45.8k).

The fastest growing import markets in Radio Receivers for Armenia between 2022 and 2023 were Russia ($1.71M), United Arab Emirates ($261k), and China ($141k).

Latest Trends

Jan 2025

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 (2023)$268k
IMPORTS (2023)$3.7M
NET TRADE (2023)-$3.44M

In 2023, Armenia exported $268k in Radio Receivers. The main destinations of Armenia exports on Radio Receivers were Russia ($255k), Hungary ($12.2k), Colombia ($1.1k), and Belarus ($76).

In 2023, Armenia imported $3.7M in Radio Receivers, mainly from Russia ($1.84M), China ($1.14M), United Arab Emirates ($332k), Bulgaria ($90.7k), and Curaçao ($45.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Radio Receivers EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$233k (1.07k%)
Hungary$12.2k (1%)
Colombia$1.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Radio Receivers BY Armenia WERE (2022 - 2023):
Belarus-$3.78k (-98%)
Georgia-$664 (-100%)
Italy-$199 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Radio Receivers were:
China $2.64B
Mexico $2.09B
In 2023, 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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