2022
Exports
$926kWorld Rnk 88 / 220
Flag Rnk 266 / 945
2022
PRODUCT COMPLEXITY IN Metal Mountings
0.85Rnk 226 / 1025
2022
Imports
$17MWorld Rnk 111 / 223
Flag Rnk 114 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $926k in Metal Mountings, making it the 88th largest exporter of Metal Mountings in the world. At the same year, Metal Mountings was the 266th most exported product in Armenia. The main destination of Metal Mountings exports from Armenia are: Russia ($768k), Georgia ($74.4k), Belarus ($54k), Canada ($12.6k), and United Arab Emirates ($4.87k).

The fastest growing export markets for Metal Mountings of Armenia between 2021 and 2022 were Russia ($333k), Belarus ($54k), and Georgia ($48k).

Imports In 2022, Armenia imported $17M in Metal Mountings, becoming the 111th largest importer of Metal Mountings in the world. At the same year, Metal Mountings was the 114th most imported product in Armenia. Armenia imports Metal Mountings primarily from: China ($5.29M), Turkey ($2.64M), Russia ($2.02M), Austria ($1.56M), and Georgia ($1.33M).

The fastest growing import markets in Metal Mountings for Armenia between 2021 and 2022 were China ($1.34M), Turkey ($1.21M), and Georgia ($640k).

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 Metal Mountings. 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)$926k
IMPORTS (2022)$17M
NET TRADE (2022)-$16.1M

In 2022, Armenia exported $926k in Metal Mountings. The main destinations of Armenia exports on Metal Mountings were Russia ($768k), Georgia ($74.4k), Belarus ($54k), Canada ($12.6k), and United Arab Emirates ($4.87k).

In 2022, Armenia imported $17M in Metal Mountings, mainly from China ($5.29M), Turkey ($2.64M), Russia ($2.02M), Austria ($1.56M), and Georgia ($1.33M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Mountings EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$333k (76.3%)
Belarus$54k (1%)
Georgia$48k (182%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Mountings BY Armenia WERE (2021 - 2022):
Ukraine-$9.58k (-100%)
Qatar-$400 (-100%)
Hungary-$375 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Metal Mountings were:
In 2022, Armenia's main importing competitors in Metal Mountings were:

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Trade Value of Metal Mountings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $227k
TOP IMPORT POTENTIALChina+ $2.78M

Metal Mountings’s highest export potential is Russia. With an export gap of $227k.   Metal Mountings’s highest import potential is China with an import gap of $2.78M.

See methodology.

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