2022
Exports
$67.9kWorld Rnk 142 / 159
Flag Rnk 595 / 945
2022
PRODUCT COMPLEXITY IN Special purpose motor vehicles
0.29Rnk 457 / 1025
2022
Imports
$23.6MWorld Rnk 85 / 220
Flag Rnk 82 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $67.9k in Special purpose motor vehicles, making it the 142nd largest exporter of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 595th most exported product in Armenia. The main destination of Special purpose motor vehicles exports from Armenia are: China ($58.5k) and Iran ($9.36k).

The fastest growing export markets for Special purpose motor vehicles of Armenia between 2021 and 2022 were China ($58.5k) and Iran ($3.66k).

Imports In 2022, Armenia imported $23.6M in Special purpose motor vehicles, becoming the 85th largest importer of Special purpose motor vehicles in the world. At the same year, Special purpose motor vehicles was the 82nd most imported product in Armenia. Armenia imports Special purpose motor vehicles primarily from: China ($10.4M), Germany ($3.11M), Turkey ($2.25M), Georgia ($2.08M), and Russia ($995k).

The fastest growing import markets in Special purpose motor vehicles for Armenia between 2021 and 2022 were China ($7.1M), Germany ($2.14M), and Turkey ($1.88M).

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 Special purpose motor vehicles. 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)$67.9k
IMPORTS (2022)$23.6M
NET TRADE (2022)-$23.6M

In 2022, Armenia exported $67.9k in Special purpose motor vehicles. The main destinations of Armenia exports on Special purpose motor vehicles were China ($58.5k) and Iran ($9.36k).

In 2022, Armenia imported $23.6M in Special purpose motor vehicles, mainly from China ($10.4M), Germany ($3.11M), Turkey ($2.25M), Georgia ($2.08M), and Russia ($995k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Special purpose motor vehicles EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
China$58.5k (1%)
Iran$3.66k (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Special purpose motor vehicles BY Armenia WERE (2021 - 2022):
Australia-$1M (-100%)
Italy-$197k (-100%)
Hong Kong-$54.5k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Special purpose motor vehicles were:
In 2022, Armenia's main importing competitors in Special purpose motor vehicles were:

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Trade Value of Special purpose motor vehicles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $24.3k
TOP IMPORT POTENTIALGermany+ $680k

Special purpose motor vehicles’s highest export potential is China. With an export gap of $24.3k.   Special purpose motor vehicles’s highest import potential is Germany with an import gap of $680k.

See methodology.

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