2022
Exports
$4.09MWorld Rnk 95 / 221
Flag Rnk 55 / 96
2022
PRODUCT COMPLEXITY IN Ceramic products
0.87Rnk 221 / 1025
2022
Imports
$54.7MWorld Rnk 122 / 225
Flag Rnk 34 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $4.09M in Ceramic products, making it the 95th largest exporter of Ceramic products in the world. At the same year, Ceramic products was the 55th most exported product in Armenia. The main destination of Ceramic products exports from Armenia are: Russia ($3.86M), Belarus ($61.2k), Latvia ($44.9k), United States ($33.5k), and United Arab Emirates ($19k).

The fastest growing export markets for Ceramic products of Armenia between 2021 and 2022 were Russia ($3.01M), Belarus ($44.8k), and United States ($18.3k).

Imports In 2022, Armenia imported $54.7M in Ceramic products, becoming the 122nd largest importer of Ceramic products in the world. At the same year, Ceramic products was the 34th most imported product in Armenia. Armenia imports Ceramic products primarily from: Iran ($14M), China ($9.97M), Spain ($8.25M), Russia ($6.93M), and India ($2.43M).

The fastest growing import markets in Ceramic products for Armenia between 2021 and 2022 were Iran ($3.12M), Spain ($3.03M), and China ($2.8M).

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 Ceramic products. 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)$4.09M
IMPORTS (2022)$54.7M
NET TRADE (2022)-$50.7M

In 2022, Armenia exported $4.09M in Ceramic products. The main destinations of Armenia exports on Ceramic products were Russia ($3.86M), Belarus ($61.2k), Latvia ($44.9k), United States ($33.5k), and United Arab Emirates ($19k).

In 2022, Armenia imported $54.7M in Ceramic products, mainly from Iran ($14M), China ($9.97M), Spain ($8.25M), Russia ($6.93M), and India ($2.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ceramic products EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$3.01M (355%)
Belarus$44.8k (272%)
United States$18.3k (121%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ceramic products BY Armenia WERE (2021 - 2022):
Latvia-$51.1k (-53.2%)
Bulgaria-$32.2k (-76.7%)
Canada-$7.99k (-94.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Ceramic products were:
China $25.7B
Italy $6.39B
Spain $5.52B
In 2022, Armenia's main importing competitors in Ceramic products were:

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Trade Value of Ceramic products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $105k
TOP IMPORT POTENTIALChina+ $3.3M

Ceramic products’s highest export potential is United States. With an export gap of $105k.   Ceramic products’s highest import potential is China with an import gap of $3.3M.

See methodology.

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