2022
Exports
$292kWorld Rnk 68 / 165
Flag Rnk 396 / 945
2022
PRODUCT COMPLEXITY IN Tensile Testing Machines
1.41Rnk 69 / 1025
2022
Imports
$950kWorld Rnk 97 / 206
Flag Rnk 569 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $292k in Tensile Testing Machines, making it the 68th largest exporter of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 396th most exported product in Armenia. The main destination of Tensile Testing Machines exports from Armenia are: Russia ($279k), Czechia ($8.88k), and Germany ($4.38k).

The fastest growing export markets for Tensile Testing Machines of Armenia between 2021 and 2022 were Russia ($279k) and Czechia ($8.88k).

Imports In 2022, Armenia imported $950k in Tensile Testing Machines, becoming the 97th largest importer of Tensile Testing Machines in the world. At the same year, Tensile Testing Machines was the 569th most imported product in Armenia. Armenia imports Tensile Testing Machines primarily from: Italy ($495k), China ($99.5k), United States ($80.7k), United Kingdom ($73.3k), and Germany ($40.9k).

The fastest growing import markets in Tensile Testing Machines for Armenia between 2021 and 2022 were Italy ($425k), United States ($80.2k), and United Kingdom ($72.1k).

Latest Trends

Jul 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 Tensile Testing Machines. 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)$292k
IMPORTS (2022)$950k
NET TRADE (2022)-$658k

In 2022, Armenia exported $292k in Tensile Testing Machines. The main destinations of Armenia exports on Tensile Testing Machines were Russia ($279k), Czechia ($8.88k), and Germany ($4.38k).

In 2022, Armenia imported $950k in Tensile Testing Machines, mainly from Italy ($495k), China ($99.5k), United States ($80.7k), United Kingdom ($73.3k), and Germany ($40.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tensile Testing Machines EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$279k (1%)
Czechia$8.88k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tensile Testing Machines BY Armenia WERE (2021 - 2022):
United States-$204k (-100%)
Germany-$5.04k (-53.5%)
Ukraine-$2.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Tensile Testing Machines were:
In 2022, Armenia's main importing competitors in Tensile Testing Machines were:

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Trade Value of Tensile Testing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $12.2k
TOP IMPORT POTENTIALUnited States+ $60.2k

Tensile Testing Machines’s highest export potential is Germany. With an export gap of $12.2k.   Tensile Testing Machines’s highest import potential is United States with an import gap of $60.2k.

See methodology.

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