2022
Exports
$1.38MWorld Rnk 52 / 122
Flag Rnk 218 / 945
2022
PRODUCT COMPLEXITY IN Steam Turbines
0.39Rnk 412 / 1025
2022
Imports
$321kWorld Rnk 124 / 191
Flag Rnk 760 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.38M in Steam Turbines, making it the 52nd largest exporter of Steam Turbines in the world. At the same year, Steam Turbines was the 218th most exported product in Armenia. The main destination of Steam Turbines exports from Armenia are: Germany ($1.36M), Russia ($14.3k), and India ($4.96k).

The fastest growing export markets for Steam Turbines of Armenia between N/A and 2022 were Germany ($1.36M), Russia ($14.3k), and India ($4.96k).

Imports In 2022, Armenia imported $321k in Steam Turbines, becoming the 124th largest importer of Steam Turbines in the world. At the same year, Steam Turbines was the 760th most imported product in Armenia. Armenia imports Steam Turbines primarily from: Germany ($216k), Japan ($66.8k), Ukraine ($28.2k), Switzerland ($3.46k), and Slovakia ($3.07k).

The fastest growing import markets in Steam Turbines for Armenia between 2021 and 2022 were Japan ($66.8k), Switzerland ($3.46k), and Slovakia ($3.07k).

Latest Trends

Sep 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 Steam Turbines. 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)$1.38M
IMPORTS (2022)$321k
NET TRADE (2022)$1.05M

In 2022, Armenia exported $1.38M in Steam Turbines. The main destinations of Armenia exports on Steam Turbines were Germany ($1.36M), Russia ($14.3k), and India ($4.96k).

In 2022, Armenia imported $321k in Steam Turbines, mainly from Germany ($216k), Japan ($66.8k), Ukraine ($28.2k), Switzerland ($3.46k), and Slovakia ($3.07k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Steam Turbines EXPORT MARKETS FOR Armenia WERE (N/A - 2022):
Germany$1.36M (1%)
Russia$14.3k (1%)
India$4.96k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Steam Turbines were:
In 2022, Armenia's main importing competitors in Steam Turbines were:

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Trade Value of Steam Turbines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $25.8k
TOP IMPORT POTENTIALJapan+ $41.7k

Steam Turbines’s highest export potential is Russia. With an export gap of $25.8k.   Steam Turbines’s highest import potential is Japan with an import gap of $41.7k.

See methodology.

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