2022
Exports
$136kWorld Rnk 70 / 195
Flag Rnk 514 / 945
2022
PRODUCT COMPLEXITY IN Knives
0.85Rnk 223 / 1025
2022
Imports
$1.18MWorld Rnk 115 / 219
Flag Rnk 525 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $136k in Knives, making it the 70th largest exporter of Knives in the world. At the same year, Knives was the 514th most exported product in Armenia. The main destination of Knives exports from Armenia are: Russia ($129k), Belarus ($2.71k), Georgia ($1.59k), Bulgaria ($1.4k), and Germany ($904).

The fastest growing export markets for Knives of Armenia between 2021 and 2022 were Russia ($128k), Georgia ($1.59k), and Bulgaria ($1.4k).

Imports In 2022, Armenia imported $1.18M in Knives, becoming the 115th largest importer of Knives in the world. At the same year, Knives was the 525th most imported product in Armenia. Armenia imports Knives primarily from: China ($502k), Germany ($111k), India ($110k), Slovakia ($82.1k), and Hungary ($59.6k).

The fastest growing import markets in Knives for Armenia between 2021 and 2022 were China ($164k), Slovakia ($81k), and Germany ($73k).

Latest Trends

Sep 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 Knives. 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)$136k
IMPORTS (2022)$1.18M
NET TRADE (2022)-$1.04M

In 2022, Armenia exported $136k in Knives. The main destinations of Armenia exports on Knives were Russia ($129k), Belarus ($2.71k), Georgia ($1.59k), Bulgaria ($1.4k), and Germany ($904).

In 2022, Armenia imported $1.18M in Knives, mainly from China ($502k), Germany ($111k), India ($110k), Slovakia ($82.1k), and Hungary ($59.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knives EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$128k (9.05k%)
Georgia$1.59k (1%)
Bulgaria$1.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knives BY Armenia WERE (2021 - 2022):
Australia-$1.08k (-100%)
Seychelles-$585 (-100%)
Ukraine-$75 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Knives were:
China $1.87B
Japan $187M
In 2022, Armenia's main importing competitors in Knives were:

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Trade Value of Knives by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.36k
TOP IMPORT POTENTIALChina+ $195k

Knives’s highest export potential is Germany. With an export gap of $4.36k.   Knives’s highest import potential is China with an import gap of $195k.

See methodology.

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