2023
Exports
falseWorld Rnk 152 / 214
FlagN/A
2023
PRODUCT COMPLEXITY IN Refined Petroleum
-0.94Rnk 813 / 1025

About

Exports In 2023, Armenia exported $5.83M in Refined Petroleum, making it the 152nd largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the N/A most exported product in Armenia. The main destination of Refined Petroleum exports from Armenia are: Paraguay ($2.23M), Russia ($1.8M), Kyrgyzstan ($1.6M), Iraq ($74.7k), and Iran ($72.1k).

Latest Trends

Dec 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 Refined Petroleum. 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

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EXPORTS (2023)$5.83M

In 2023, Armenia exported $5.83M in Refined Petroleum. The main destinations of Armenia exports on Refined Petroleum were Paraguay ($2.23M), Russia ($1.8M), Kyrgyzstan ($1.6M), Iraq ($74.7k), and Iran ($72.1k).

In N/A, Armenia imported N/A in Refined Petroleum, mainly from Russia ($317M), Iran ($44.1M), Greece ($25.9M), United Arab Emirates ($25M), and Turkey ($18.9M).

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Market Concentration

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In 2023, Armenia's main exporting competitors in Refined Petroleum were:

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALRussia+ $509k
TOP IMPORT POTENTIALTurkey+ $10.8M

Refined Petroleum’s highest export potential is Russia. With an export gap of $509k.   Refined Petroleum’s highest import potential is Turkey with an import gap of $10.8M.

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