2022
Exports
$93.9kWorld Rnk 83 / 159
Flag Rnk 559 / 945
2022
PRODUCT COMPLEXITY IN Nonaqueous Pigments
0.88Rnk 216 / 1025
2022
Imports
$8.76MWorld Rnk 49 / 207
Flag Rnk 187 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $93.9k in Nonaqueous Pigments, making it the 83rd largest exporter of Nonaqueous Pigments in the world. At the same year, Nonaqueous Pigments was the 559th most exported product in Armenia. The main destination of Nonaqueous Pigments exports from Armenia are: Russia ($60.6k), Kazakhstan ($30.8k), and Georgia ($2.57k).

The fastest growing export markets for Nonaqueous Pigments of Armenia between 2021 and 2022 were Russia ($60.2k) and Kazakhstan ($30.8k).

Imports In 2022, Armenia imported $8.76M in Nonaqueous Pigments, becoming the 49th largest importer of Nonaqueous Pigments in the world. At the same year, Nonaqueous Pigments was the 187th most imported product in Armenia. Armenia imports Nonaqueous Pigments primarily from: Poland ($3.5M), China ($3.38M), Germany ($671k), Malaysia ($583k), and Russia ($161k).

The fastest growing import markets in Nonaqueous Pigments for Armenia between 2021 and 2022 were Poland ($1.13M), Malaysia ($527k), and China ($282k).

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 Nonaqueous Pigments. 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)$93.9k
IMPORTS (2022)$8.76M
NET TRADE (2022)-$8.66M

In 2022, Armenia exported $93.9k in Nonaqueous Pigments. The main destinations of Armenia exports on Nonaqueous Pigments were Russia ($60.6k), Kazakhstan ($30.8k), and Georgia ($2.57k).

In 2022, Armenia imported $8.76M in Nonaqueous Pigments, mainly from Poland ($3.5M), China ($3.38M), Germany ($671k), Malaysia ($583k), and Russia ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nonaqueous Pigments EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$60.2k (17.8k%)
Kazakhstan$30.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nonaqueous Pigments BY Armenia WERE (2021 - 2022):
Iran-$4k (-100%)
Georgia-$1.23k (-32.4%)
Germany-$47 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Nonaqueous Pigments were:
In 2022, Armenia's main importing competitors in Nonaqueous Pigments were:

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Trade Value of Nonaqueous Pigments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $6.56k
TOP IMPORT POTENTIALGermany+ $216k

Nonaqueous Pigments’s highest export potential is Russia. With an export gap of $6.56k.   Nonaqueous Pigments’s highest import potential is Germany with an import gap of $216k.

See methodology.

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