2022
Exports
$2.06MWorld Rnk 52 / 184
Flag Rnk 181 / 945
2022
PRODUCT COMPLEXITY IN Instructional Models
0.32Rnk 440 / 1025
2022
Imports
$1.12MWorld Rnk 109 / 211
Flag Rnk 538 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $2.06M in Instructional Models, making it the 52nd largest exporter of Instructional Models in the world. At the same year, Instructional Models was the 181st most exported product in Armenia. The main destination of Instructional Models exports from Armenia are: Russia ($1.96M), United States ($56.5k), Canada ($25k), Greece ($15k), and United Arab Emirates ($4.34k).

The fastest growing export markets for Instructional Models of Armenia between 2021 and 2022 were Russia ($1.09M), United States ($56.5k), and Canada ($25k).

Imports In 2022, Armenia imported $1.12M in Instructional Models, becoming the 109th largest importer of Instructional Models in the world. At the same year, Instructional Models was the 538th most imported product in Armenia. Armenia imports Instructional Models primarily from: United States ($525k), China ($124k), India ($124k), Germany ($71.9k), and Malaysia ($41.4k).

The fastest growing import markets in Instructional Models for Armenia between 2021 and 2022 were United States ($508k), India ($115k), and China ($78.2k).

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 Instructional Models. 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)$2.06M
IMPORTS (2022)$1.12M
NET TRADE (2022)$940k

In 2022, Armenia exported $2.06M in Instructional Models. The main destinations of Armenia exports on Instructional Models were Russia ($1.96M), United States ($56.5k), Canada ($25k), Greece ($15k), and United Arab Emirates ($4.34k).

In 2022, Armenia imported $1.12M in Instructional Models, mainly from United States ($525k), China ($124k), India ($124k), Germany ($71.9k), and Malaysia ($41.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instructional Models EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$1.09M (126%)
United States$56.5k (1%)
Canada$25k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instructional Models BY Armenia WERE (2021 - 2022):
Kazakhstan-$126k (-100%)
Jordan-$28.7k (-100%)
Saudi Arabia-$15k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Instructional Models were:
In 2022, Armenia's main importing competitors in Instructional Models were:

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Trade Value of Instructional Models by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $127k
TOP IMPORT POTENTIALChina+ $106k

Instructional Models’s highest export potential is United States. With an export gap of $127k.   Instructional Models’s highest import potential is China with an import gap of $106k.

See methodology.

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