2023
Exports
$906kWorld Rnk 85 / 186
Flag Rnk 278 / 973
2023
PRODUCT COMPLEXITY IN Knit Women's Shirts
-1.45Rnk 939 / 1025
2023
Imports
$2.94MWorld Rnk 83 / 218
Flag Rnk 406 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $906k in Knit Women's Shirts, making it the 85th largest exporter of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 278th most exported product in Armenia. The main destination of Knit Women's Shirts exports from Armenia are: Russia ($445k), Netherlands ($148k), Germany ($148k), Lithuania ($141k), and United Kingdom ($13k).

The fastest growing export markets for Knit Women's Shirts of Armenia between 2022 and 2023 were Russia ($358k), Netherlands ($148k), and Lithuania ($141k).

Imports In 2023, Armenia imported $2.94M in Knit Women's Shirts, becoming the 83rd largest importer of Knit Women's Shirts in the world. At the same year, Knit Women's Shirts was the 406th most imported product in Armenia. Armenia imports Knit Women's Shirts primarily from: Turkey ($1.22M), China ($673k), Georgia ($166k), Bangladesh ($157k), and Germany ($133k).

The fastest growing import markets in Knit Women's Shirts for Armenia between 2022 and 2023 were Turkey ($500k), Germany ($98.3k), and China ($88.2k).

Latest Trends

Jan 2025

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 Women's Shirts. 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 (2023)$906k
IMPORTS (2023)$2.94M
NET TRADE (2023)-$2.03M

In 2023, Armenia exported $906k in Knit Women's Shirts. The main destinations of Armenia exports on Knit Women's Shirts were Russia ($445k), Netherlands ($148k), Germany ($148k), Lithuania ($141k), and United Kingdom ($13k).

In 2023, Armenia imported $2.94M in Knit Women's Shirts, mainly from Turkey ($1.22M), China ($673k), Georgia ($166k), Bangladesh ($157k), and Germany ($133k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Shirts EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$358k (415%)
Netherlands$148k (109k%)
Lithuania$141k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Shirts BY Armenia WERE (2022 - 2023):
Estonia-$47.8k (-97.6%)
Germany-$25.6k (-14.8%)
United States-$11.6k (-82.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Knit Women's Shirts were:
In 2023, Armenia's main importing competitors in Knit Women's Shirts were:

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Trade Value of Knit Women's Shirts by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $95.3k
TOP IMPORT POTENTIALTurkey+ $161k

Knit Women's Shirts’s highest export potential is Germany. With an export gap of $95.3k.   Knit Women's Shirts’s highest import potential is Turkey with an import gap of $161k.

See methodology.

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