2022
Exports
$1.35MWorld Rnk 57 / 179
Flag Rnk 219 / 945
2022
PRODUCT COMPLEXITY IN Other Metal Fasteners
0.83Rnk 230 / 1025
2022
Imports
$1.14MWorld Rnk 103 / 214
Flag Rnk 531 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.35M in Other Metal Fasteners, making it the 57th largest exporter of Other Metal Fasteners in the world. At the same year, Other Metal Fasteners was the 219th most exported product in Armenia. The main destination of Other Metal Fasteners exports from Armenia are: Switzerland ($1.34M), Russia ($5.47k), United States ($4.05k), Georgia ($115), and Lithuania ($29).

The fastest growing export markets for Other Metal Fasteners of Armenia between 2021 and 2022 were Switzerland ($275k), United States ($4.05k), and Russia ($3.88k).

Imports In 2022, Armenia imported $1.14M in Other Metal Fasteners, becoming the 103rd largest importer of Other Metal Fasteners in the world. At the same year, Other Metal Fasteners was the 531st most imported product in Armenia. Armenia imports Other Metal Fasteners primarily from: Turkey ($330k), Italy ($230k), China ($122k), Georgia ($94.5k), and Russia ($87.3k).

The fastest growing import markets in Other Metal Fasteners for Armenia between 2021 and 2022 were Turkey ($114k), Georgia ($86.1k), and Netherlands ($50.1k).

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 Other Metal Fasteners. 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)$1.35M
IMPORTS (2022)$1.14M
NET TRADE (2022)$213k

In 2022, Armenia exported $1.35M in Other Metal Fasteners. The main destinations of Armenia exports on Other Metal Fasteners were Switzerland ($1.34M), Russia ($5.47k), United States ($4.05k), Georgia ($115), and Lithuania ($29).

In 2022, Armenia imported $1.14M in Other Metal Fasteners, mainly from Turkey ($330k), Italy ($230k), China ($122k), Georgia ($94.5k), and Russia ($87.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Metal Fasteners EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Switzerland$275k (25.8%)
United States$4.05k (1%)
Russia$3.88k (244%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Metal Fasteners BY Armenia WERE (2021 - 2022):
France-$5.92k (-100%)
Italy-$2.85k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Metal Fasteners were:
China $1.78B
Italy $571M
In 2022, Armenia's main importing competitors in Other Metal Fasteners were:

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Trade Value of Other Metal Fasteners by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20k
TOP IMPORT POTENTIALChina+ $138k

Other Metal Fasteners’s highest export potential is United States. With an export gap of $20k.   Other Metal Fasteners’s highest import potential is China with an import gap of $138k.

See methodology.

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