2022
Exports
$513kWorld Rnk 75 / 158
Flag Rnk 332 / 945
2022
PRODUCT COMPLEXITY IN Amino-resins
1.18Rnk 111 / 1025
2022
Imports
$1.97MWorld Rnk 130 / 215
Flag Rnk 444 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $513k in Amino-resins, making it the 75th largest exporter of Amino-resins in the world. At the same year, Amino-resins was the 332nd most exported product in Armenia. The main destination of Amino-resins exports from Armenia are: Russia ($507k), Belarus ($4k), and Georgia ($2.45k).

The fastest growing export markets for Amino-resins of Armenia between 2021 and 2022 were Russia ($507k), Belarus ($4k), and Georgia ($1.71k).

Imports In 2022, Armenia imported $1.97M in Amino-resins, becoming the 130th largest importer of Amino-resins in the world. At the same year, Amino-resins was the 444th most imported product in Armenia. Armenia imports Amino-resins primarily from: Russia ($380k), Lithuania ($250k), Poland ($248k), Switzerland ($212k), and Georgia ($184k).

The fastest growing import markets in Amino-resins for Armenia between 2021 and 2022 were Lithuania ($250k), Poland ($230k), and Switzerland ($212k).

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 Amino-resins. 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)$513k
IMPORTS (2022)$1.97M
NET TRADE (2022)-$1.46M

In 2022, Armenia exported $513k in Amino-resins. The main destinations of Armenia exports on Amino-resins were Russia ($507k), Belarus ($4k), and Georgia ($2.45k).

In 2022, Armenia imported $1.97M in Amino-resins, mainly from Russia ($380k), Lithuania ($250k), Poland ($248k), Switzerland ($212k), and Georgia ($184k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Amino-resins EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$507k (1%)
Belarus$4k (1%)
Georgia$1.71k (231%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Amino-resins were:
Germany $3.83B
China $3.81B
Belgium $2.23B
In 2022, Armenia's main importing competitors in Amino-resins were:

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Trade Value of Amino-resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $97.7k
TOP IMPORT POTENTIALGermany+ $203k

Amino-resins’s highest export potential is Russia. With an export gap of $97.7k.   Amino-resins’s highest import potential is Germany with an import gap of $203k.

See methodology.

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