2022
Exports
$4.45MWorld Rnk 62 / 207
Flag Rnk 107 / 945
2022
PRODUCT COMPLEXITY IN Brooms
0.29Rnk 454 / 1025
2022
Imports
$9.6MWorld Rnk 99 / 223
Flag Rnk 178 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $4.45M in Brooms, making it the 62nd largest exporter of Brooms in the world. At the same year, Brooms was the 107th most exported product in Armenia. The main destination of Brooms exports from Armenia are: Russia ($4.29M), Belarus ($45.4k), Ukraine ($40.7k), United States ($33.9k), and Macau ($16k).

The fastest growing export markets for Brooms of Armenia between 2021 and 2022 were Russia ($4.24M), Ukraine ($40.7k), and United States ($33.2k).

Imports In 2022, Armenia imported $9.6M in Brooms, becoming the 99th largest importer of Brooms in the world. At the same year, Brooms was the 178th most imported product in Armenia. Armenia imports Brooms primarily from: Germany ($3.33M), China ($2.14M), Russia ($690k), Turkey ($577k), and Switzerland ($507k).

The fastest growing import markets in Brooms for Armenia between 2021 and 2022 were Germany ($3.04M), Turkey ($553k), and Switzerland ($506k).

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 Brooms. 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)$4.45M
IMPORTS (2022)$9.6M
NET TRADE (2022)-$5.15M

In 2022, Armenia exported $4.45M in Brooms. The main destinations of Armenia exports on Brooms were Russia ($4.29M), Belarus ($45.4k), Ukraine ($40.7k), United States ($33.9k), and Macau ($16k).

In 2022, Armenia imported $9.6M in Brooms, mainly from Germany ($3.33M), China ($2.14M), Russia ($690k), Turkey ($577k), and Switzerland ($507k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Brooms EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$4.24M (7.46k%)
Ukraine$40.7k (1%)
United States$33.2k (4.35k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Brooms BY Armenia WERE (2021 - 2022):
Iran-$8.81k (-100%)
Switzerland-$7.82k (-100%)
Austria-$41 (-95.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Brooms were:
In 2022, Armenia's main importing competitors in Brooms were:

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Trade Value of Brooms by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $137k
TOP IMPORT POTENTIALChina+ $1.25M

Brooms’s highest export potential is United States. With an export gap of $137k.   Brooms’s highest import potential is China with an import gap of $1.25M.

See methodology.

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