2022
Exports
$3.72MWorld Rnk 68 / 170
Flag Rnk 124 / 945
2022
PRODUCT COMPLEXITY IN Metal Stoppers
0.12Rnk 513 / 1025
2022
Imports
$7.64MWorld Rnk 110 / 215
Flag Rnk 206 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $3.72M in Metal Stoppers, making it the 68th largest exporter of Metal Stoppers in the world. At the same year, Metal Stoppers was the 124th most exported product in Armenia. The main destination of Metal Stoppers exports from Armenia are: Russia ($2.63M), Georgia ($457k), Serbia ($179k), Ukraine ($171k), and Kazakhstan ($145k).

The fastest growing export markets for Metal Stoppers of Armenia between 2021 and 2022 were Russia ($2.29M), Georgia ($275k), and Ukraine ($171k).

Imports In 2022, Armenia imported $7.64M in Metal Stoppers, becoming the 110th largest importer of Metal Stoppers in the world. At the same year, Metal Stoppers was the 206th most imported product in Armenia. Armenia imports Metal Stoppers primarily from: Russia ($3.08M), Bulgaria ($870k), China ($831k), Georgia ($436k), and Ukraine ($345k).

The fastest growing import markets in Metal Stoppers for Armenia between 2021 and 2022 were Bulgaria ($680k), China ($659k), and Georgia ($407k).

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 Stoppers. 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)$3.72M
IMPORTS (2022)$7.64M
NET TRADE (2022)-$3.92M

In 2022, Armenia exported $3.72M in Metal Stoppers. The main destinations of Armenia exports on Metal Stoppers were Russia ($2.63M), Georgia ($457k), Serbia ($179k), Ukraine ($171k), and Kazakhstan ($145k).

In 2022, Armenia imported $7.64M in Metal Stoppers, mainly from Russia ($3.08M), Bulgaria ($870k), China ($831k), Georgia ($436k), and Ukraine ($345k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Metal Stoppers EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$2.29M (666%)
Georgia$275k (151%)
Ukraine$171k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Metal Stoppers BY Armenia WERE (2021 - 2022):
Kyrgyzstan-$85.8k (-100%)
Kenya-$53.1k (-100%)
Spain-$4.25k (-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 Stoppers were:
China $1.38B
Italy $857M
In 2022, Armenia's main importing competitors in Metal Stoppers were:

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Trade Value of Metal Stoppers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $109k
TOP IMPORT POTENTIALChina+ $488k

Metal Stoppers’s highest export potential is Saudi Arabia. With an export gap of $109k.   Metal Stoppers’s highest import potential is China with an import gap of $488k.

See methodology.

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