2022
Exports
$1.91MWorld Rnk 95 / 189
Flag Rnk 188 / 945
2022
PRODUCT COMPLEXITY IN Perfume Plants
-1.82Rnk 983 / 1025
2022
Imports
$536kWorld Rnk 121 / 213
Flag Rnk 673 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.91M in Perfume Plants, making it the 95th largest exporter of Perfume Plants in the world. At the same year, Perfume Plants was the 188th most exported product in Armenia. The main destination of Perfume Plants exports from Armenia are: Russia ($1.51M), France ($229k), United States ($121k), Georgia ($20.9k), and United Arab Emirates ($10.1k).

The fastest growing export markets for Perfume Plants of Armenia between 2021 and 2022 were Russia ($599k), United States ($61.4k), and Czechia ($1.42k).

Imports In 2022, Armenia imported $536k in Perfume Plants, becoming the 121st largest importer of Perfume Plants in the world. At the same year, Perfume Plants was the 673rd most imported product in Armenia. Armenia imports Perfume Plants primarily from: Ukraine ($328k), Iran ($64.8k), Georgia ($40k), Poland ($20.5k), and Albania ($20.2k).

The fastest growing import markets in Perfume Plants for Armenia between 2021 and 2022 were Ukraine ($328k), Albania ($20.2k), and Georgia ($16.5k).

Latest Trends

Nov 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 Perfume Plants. 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)$1.91M
IMPORTS (2022)$536k
NET TRADE (2022)$1.37M

In 2022, Armenia exported $1.91M in Perfume Plants. The main destinations of Armenia exports on Perfume Plants were Russia ($1.51M), France ($229k), United States ($121k), Georgia ($20.9k), and United Arab Emirates ($10.1k).

In 2022, Armenia imported $536k in Perfume Plants, mainly from Ukraine ($328k), Iran ($64.8k), Georgia ($40k), Poland ($20.5k), and Albania ($20.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Perfume Plants EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$599k (65.9%)
United States$61.4k (102%)
Czechia$1.42k (376%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfume Plants BY Armenia WERE (2021 - 2022):
Georgia-$48.7k (-69.9%)
France-$48k (-17.3%)
Belgium-$31.9k (-83.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Perfume Plants were:
In 2022, Armenia's main importing competitors in Perfume Plants were:

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Trade Value of Perfume Plants by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $173k
TOP IMPORT POTENTIALIndia+ $26.4k

Perfume Plants’s highest export potential is United States. With an export gap of $173k.   Perfume Plants’s highest import potential is India with an import gap of $26.4k.

See methodology.

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