2022
Exports
$18.8MWorld Rnk 65 / 152
Flag Rnk 36 / 945
2022
PRODUCT COMPLEXITY IN Planes, Helicopters, and/or Spacecraft
0.3Rnk 448 / 1025
2022
Imports
$28.5MWorld Rnk 104 / 184
Flag Rnk 57 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $18.8M in Planes, Helicopters, and/or Spacecraft, making it the 65th largest exporter of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 36th most exported product in Armenia. The main destination of Planes, Helicopters, and/or Spacecraft exports from Armenia are: Georgia ($14M), Germany ($3M), and Bulgaria ($1.8M).

The fastest growing export markets for Planes, Helicopters, and/or Spacecraft of Armenia between 2021 and 2022 were Georgia ($14M) and Germany ($3M).

Imports In 2022, Armenia imported $28.5M in Planes, Helicopters, and/or Spacecraft, becoming the 104th largest importer of Planes, Helicopters, and/or Spacecraft in the world. At the same year, Planes, Helicopters, and/or Spacecraft was the 57th most imported product in Armenia. Armenia imports Planes, Helicopters, and/or Spacecraft primarily from: N/A.

The fastest growing import markets in Planes, Helicopters, and/or Spacecraft for Armenia between 2021 and 2022 were Kazakhstan ($14.4M), Canada ($8.71M), and Romania ($3M).

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 Planes, Helicopters, and/or Spacecraft. 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)$18.8M
IMPORTS (2022)$28.5M
NET TRADE (2022)-$9.66M

In 2022, Armenia exported $18.8M in Planes, Helicopters, and/or Spacecraft. The main destinations of Armenia exports on Planes, Helicopters, and/or Spacecraft were Georgia ($14M), Germany ($3M), and Bulgaria ($1.8M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Planes, Helicopters, and/or Spacecraft EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$14M (1%)
Germany$3M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Planes, Helicopters, and/or Spacecraft BY Armenia WERE (2021 - 2022):Bulgaria-$80.4k (-4.28%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Planes, Helicopters, and/or Spacecraft were:
In 2022, Armenia's main importing competitors in Planes, Helicopters, and/or Spacecraft were:

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Trade Value of Planes, Helicopters, and/or Spacecraft by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $968k
TOP IMPORT POTENTIALUnited Arab Emirates+ $503k

Planes, Helicopters, and/or Spacecraft’s highest export potential is Germany. With an export gap of $968k.   Planes, Helicopters, and/or Spacecraft’s highest import potential is United Arab Emirates with an import gap of $503k.

See methodology.

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