Silver in Armenia | The Observatory of Economic Complexity

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Exports In 2022, Armenia exported $1.4M in Silver, making it the 69th largest exporter of Silver in the world. At the same year, Silver was the 217th most exported product in Armenia. The main destination of Silver exports from Armenia are: Italy ($603k), United Arab Emirates ($423k), Russia ($233k), Australia ($79.1k), and South Africa ($61.4k).

The fastest growing export markets for Silver of Armenia between 2021 and 2022 were Italy ($603k), United Arab Emirates ($423k), and Australia ($79.1k).

Imports In 2022, Armenia imported $2.81M in Silver, becoming the 71st largest importer of Silver in the world. At the same year, Silver was the 375th most imported product in Armenia. Armenia imports Silver primarily from: Russia ($2.33M), Italy ($326k), Germany ($47.4k), United States ($42.4k), and United Arab Emirates ($34.5k).

The fastest growing import markets in Silver for Armenia between 2021 and 2022 were Russia ($910k), Italy ($269k), and United Arab Emirates ($34.5k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Silver from Armenia to the United States.

Feb 2024

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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 Silver. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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EXPORTS (2022)$1.4M

IMPORTS (2022)$2.81M

NET TRADE (2022)-$1.41M

In 2022, Armenia exported $1.4M in Silver. The main destinations of Armenia exports on Silver were Italy ($603k), United Arab Emirates ($423k), Russia ($233k), Australia ($79.1k), and South Africa ($61.4k).

In 2022, Armenia imported $2.81M in Silver, mainly from Russia ($2.33M), Italy ($326k), Germany ($47.4k), United States ($42.4k), and United Arab Emirates ($34.5k).