2022
Exports
$603kWorld Rnk 87 / 184
Flag Rnk 317 / 945
2022
PRODUCT COMPLEXITY IN Knit Men's Coats
-1.3Rnk 907 / 1025
2022
Imports
$1.38MWorld Rnk 94 / 209
Flag Rnk 503 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $603k in Knit Men's Coats, making it the 87th largest exporter of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 317th most exported product in Armenia. The main destination of Knit Men's Coats exports from Armenia are: Russia ($185k), Germany ($166k), Austria ($161k), China ($46k), and South Korea ($10.7k).

The fastest growing export markets for Knit Men's Coats of Armenia between 2021 and 2022 were Germany ($162k), Austria ($161k), and Russia ($51.3k).

Imports In 2022, Armenia imported $1.38M in Knit Men's Coats, becoming the 94th largest importer of Knit Men's Coats in the world. At the same year, Knit Men's Coats was the 503rd most imported product in Armenia. Armenia imports Knit Men's Coats primarily from: China ($354k), Germany ($146k), Burma ($104k), Georgia ($90.5k), and Spain ($86.3k).

The fastest growing import markets in Knit Men's Coats for Armenia between 2021 and 2022 were Georgia ($78.3k), Burma ($47.1k), and Spain ($46.8k).

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 Knit Men's Coats. 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)$603k
IMPORTS (2022)$1.38M
NET TRADE (2022)-$772k

In 2022, Armenia exported $603k in Knit Men's Coats. The main destinations of Armenia exports on Knit Men's Coats were Russia ($185k), Germany ($166k), Austria ($161k), China ($46k), and South Korea ($10.7k).

In 2022, Armenia imported $1.38M in Knit Men's Coats, mainly from China ($354k), Germany ($146k), Burma ($104k), Georgia ($90.5k), and Spain ($86.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Men's Coats EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Germany$162k (4.09k%)
Austria$161k (87.2k%)
Russia$51.3k (38.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Men's Coats BY Armenia WERE (2021 - 2022):
South Korea-$76.5k (-87.7%)
United States-$30.3k (-87.1%)
Lithuania-$8.73k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Knit Men's Coats were:
In 2022, Armenia's main importing competitors in Knit Men's Coats were:

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Trade Value of Knit Men's Coats by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $124k
TOP IMPORT POTENTIALChina+ $160k

Knit Men's Coats’s highest export potential is Germany. With an export gap of $124k.   Knit Men's Coats’s highest import potential is China with an import gap of $160k.

See methodology.

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