2022
Exports
$29.2kWorld Rnk 89 / 151
Flag Rnk 676 / 945
2022
PRODUCT COMPLEXITY IN Furskin Apparel
-0.18Rnk 610 / 1025
2022
Imports
$751kWorld Rnk 60 / 187
Flag Rnk 604 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $29.2k in Furskin Apparel, making it the 89th largest exporter of Furskin Apparel in the world. At the same year, Furskin Apparel was the 676th most exported product in Armenia. The main destination of Furskin Apparel exports from Armenia are: Russia ($16.4k), Singapore ($8.45k), Italy ($3.56k), and Australia ($784).

The fastest growing export markets for Furskin Apparel of Armenia between 2021 and 2022 were Russia ($12.9k), Singapore ($8.45k), and Australia ($784).

Imports In 2022, Armenia imported $751k in Furskin Apparel, becoming the 60th largest importer of Furskin Apparel in the world. At the same year, Furskin Apparel was the 604th most imported product in Armenia. Armenia imports Furskin Apparel primarily from: Italy ($605k), Greece ($119k), China ($6.83k), Russia ($5.84k), and France ($5.36k).

The fastest growing import markets in Furskin Apparel for Armenia between 2021 and 2022 were China ($6.61k), Turkey ($1.64k), and Austria ($562).

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 Furskin Apparel. 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)$29.2k
IMPORTS (2022)$751k
NET TRADE (2022)-$722k

In 2022, Armenia exported $29.2k in Furskin Apparel. The main destinations of Armenia exports on Furskin Apparel were Russia ($16.4k), Singapore ($8.45k), Italy ($3.56k), and Australia ($784).

In 2022, Armenia imported $751k in Furskin Apparel, mainly from Italy ($605k), Greece ($119k), China ($6.83k), Russia ($5.84k), and France ($5.36k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furskin Apparel EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$12.9k (368%)
Singapore$8.45k (1%)
Australia$784 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furskin Apparel BY Armenia WERE (2021 - 2022):
Japan-$5.32k (-100%)
Poland-$2.5k (-100%)
Italy-$191 (-5.09%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Furskin Apparel were:
China $1.24B
Italy $298M
In 2022, Armenia's main importing competitors in Furskin Apparel were:

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Trade Value of Furskin Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $18.8k
TOP IMPORT POTENTIALChina+ $31.9k

Furskin Apparel’s highest export potential is Russia. With an export gap of $18.8k.   Furskin Apparel’s highest import potential is China with an import gap of $31.9k.

See methodology.

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