2023
Exports
$30kWorld Rnk 74 / 129
Flag Rnk 688 / 973
2023
PRODUCT COMPLEXITY IN Vending Machines
0.74Rnk 269 / 1025
2023
Imports
$1.62MWorld Rnk 68 / 196
Flag Rnk 513 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $30k in Vending Machines, making it the 74th largest exporter of Vending Machines in the world. At the same year, Vending Machines was the 688th most exported product in Armenia. The main destination of Vending Machines exports from Armenia are: Georgia ($26.5k), Russia ($1.87k), and Moldova ($1.71k).

The fastest growing export markets for Vending Machines of Armenia between 2022 and 2023 were Russia ($1.87k), Moldova ($1.71k), and Georgia ($399).

Imports In 2023, Armenia imported $1.62M in Vending Machines, becoming the 68th largest importer of Vending Machines in the world. At the same year, Vending Machines was the 513th most imported product in Armenia. Armenia imports Vending Machines primarily from: Italy ($699k), Bulgaria ($402k), France ($215k), Lithuania ($86.1k), and Spain ($80.8k).

The fastest growing import markets in Vending Machines for Armenia between 2022 and 2023 were France ($215k), Bulgaria ($162k), and Lithuania ($73.1k).

Latest Trends

Jan 2025

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 Vending 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 (2023)$30k
IMPORTS (2023)$1.62M
NET TRADE (2023)-$1.59M

In 2023, Armenia exported $30k in Vending Machines. The main destinations of Armenia exports on Vending Machines were Georgia ($26.5k), Russia ($1.87k), and Moldova ($1.71k).

In 2023, Armenia imported $1.62M in Vending Machines, mainly from Italy ($699k), Bulgaria ($402k), France ($215k), Lithuania ($86.1k), and Spain ($80.8k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Vending Machines EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$1.87k (1%)
Moldova$1.71k (1%)
Georgia$399 (1.53%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vending Machines BY Armenia WERE (2022 - 2023):
France-$55.2k (-100%)
Romania-$11.7k (-100%)
North Macedonia-$3.56k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Vending Machines were:
In 2023, Armenia's main importing competitors in Vending Machines were:

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Trade Value of Vending Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $18.6k
TOP IMPORT POTENTIALChina+ $84.7k

Vending Machines’s highest export potential is France. With an export gap of $18.6k.   Vending Machines’s highest import potential is China with an import gap of $84.7k.

See methodology.

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