2022
Exports
$931kWorld Rnk 96 / 203
Flag Rnk 264 / 945
2022
PRODUCT COMPLEXITY IN Hair Products
0.18Rnk 493 / 1025
2022
Imports
$20.3MWorld Rnk 96 / 224
Flag Rnk 99 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $931k in Hair Products, making it the 96th largest exporter of Hair Products in the world. At the same year, Hair Products was the 264th most exported product in Armenia. The main destination of Hair Products exports from Armenia are: Russia ($505k), Iran ($272k), Sweden ($76.9k), United States ($16.1k), and Uzbekistan ($13.3k).

The fastest growing export markets for Hair Products of Armenia between 2021 and 2022 were Russia ($342k), Uzbekistan ($13.3k), and Iraq ($11k).

Imports In 2022, Armenia imported $20.3M in Hair Products, becoming the 96th largest importer of Hair Products in the world. At the same year, Hair Products was the 99th most imported product in Armenia. Armenia imports Hair Products primarily from: Russia ($7.2M), Bulgaria ($1.66M), Romania ($1.63M), Italy ($1.61M), and Georgia ($1.52M).

The fastest growing import markets in Hair Products for Armenia between 2021 and 2022 were Georgia ($1.12M), Romania ($796k), and Germany ($531k).

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 Hair 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)$931k
IMPORTS (2022)$20.3M
NET TRADE (2022)-$19.4M

In 2022, Armenia exported $931k in Hair Products. The main destinations of Armenia exports on Hair Products were Russia ($505k), Iran ($272k), Sweden ($76.9k), United States ($16.1k), and Uzbekistan ($13.3k).

In 2022, Armenia imported $20.3M in Hair Products, mainly from Russia ($7.2M), Bulgaria ($1.66M), Romania ($1.63M), Italy ($1.61M), and Georgia ($1.52M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hair Products EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$342k (208%)
Uzbekistan$13.3k (1%)
Iraq$11k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hair Products BY Armenia WERE (2021 - 2022):
Lithuania-$144k (-100%)
Iran-$76.4k (-21.9%)
Sweden-$72.1k (-48.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Hair Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $150k
TOP IMPORT POTENTIALGermany+ $593k

Hair Products’s highest export potential is Russia. With an export gap of $150k.   Hair Products’s highest import potential is Germany with an import gap of $593k.

See methodology.

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