2022
Exports
$1.3MWorld Rnk 108 / 177
Flag Rnk 221 / 945
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$241kWorld Rnk 68 / 118
Flag Rnk 801 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.3M in Precious Metal Scraps, making it the 108th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 221st most exported product in Armenia. The main destination of Precious Metal Scraps exports from Armenia are: Russia ($566k), Lithuania ($511k), Switzerland ($106k), United States ($43.8k), and Latvia ($37.9k).

The fastest growing export markets for Precious Metal Scraps of Armenia between 2021 and 2022 were Russia ($409k), Latvia ($37.9k), and Spain ($14.7k).

Imports In 2022, Armenia imported $241k in Precious Metal Scraps, becoming the 68th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 801st most imported product in Armenia. Armenia imports Precious Metal Scraps primarily from: Belarus ($241k).

The fastest growing import markets in Precious Metal Scraps for Armenia between 2021 and 2022 were Belarus ($241k).

Latest Trends

Mar 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 Precious Metal Scraps. 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)$1.3M
IMPORTS (2022)$241k
NET TRADE (2022)$1.06M

In 2022, Armenia exported $1.3M in Precious Metal Scraps. The main destinations of Armenia exports on Precious Metal Scraps were Russia ($566k), Lithuania ($511k), Switzerland ($106k), United States ($43.8k), and Latvia ($37.9k).

In 2022, Armenia imported $241k in Precious Metal Scraps, mainly from Belarus ($241k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$409k (260%)
Latvia$37.9k (1%)
Spain$14.7k (481%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Armenia WERE (2021 - 2022):
Switzerland-$226k (-68%)
United States-$36.6k (-45.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Precious Metal Scraps were:
In 2022, Armenia's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

Explore Visualizations

Trade Value of Precious Metal Scraps by Exporters

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