2023
Exports
$14.4MWorld Rnk 97 / 225
Flag Rnk 33 / 94
2023
PRODUCT COMPLEXITY IN Perfumery & cosmetics
0.37Rnk 427 / 1025
2023
Imports
$118MWorld Rnk 105 / 226
Flag Rnk 16 / 96
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $14.4M in Perfumery & cosmetics, making it the 97th largest exporter of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 33rd most exported product in Armenia. The main destination of Perfumery & cosmetics exports from Armenia are: Russia ($12.7M), United Arab Emirates ($279k), Lithuania ($270k), Belarus ($267k), and Iran ($184k).

The fastest growing export markets for Perfumery & cosmetics of Armenia between 2022 and 2023 were Russia ($2.29M), United Arab Emirates ($277k), and Lithuania ($257k).

Imports In 2023, Armenia imported $118M in Perfumery & cosmetics, becoming the 105th largest importer of Perfumery & cosmetics in the world. At the same year, Perfumery & cosmetics was the 16th most imported product in Armenia. Armenia imports Perfumery & cosmetics primarily from: France ($15.8M), Russia ($15.4M), Germany ($13.8M), Italy ($7.04M), and China ($5.75M).

The fastest growing import markets in Perfumery & cosmetics for Armenia between 2022 and 2023 were Germany ($4.84M), France ($4.27M), and Switzerland ($3M).

Latest Trends

Dec 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 Perfumery & cosmetics. 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)$14.4M
IMPORTS (2023)$118M
NET TRADE (2023)-$104M

In 2023, Armenia exported $14.4M in Perfumery & cosmetics. The main destinations of Armenia exports on Perfumery & cosmetics were Russia ($12.7M), United Arab Emirates ($279k), Lithuania ($270k), Belarus ($267k), and Iran ($184k).

In 2023, Armenia imported $118M in Perfumery & cosmetics, mainly from France ($15.8M), Russia ($15.4M), Germany ($13.8M), Italy ($7.04M), and China ($5.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Perfumery & cosmetics EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$2.29M (21.9%)
United Arab Emirates$277k (13.7k%)
Lithuania$257k (2.09k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Perfumery & cosmetics BY Armenia WERE (2022 - 2023):
Iran-$262k (-58.7%)
Israel-$111k (-100%)
Sweden-$78.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Perfumery & cosmetics were:
In 2023, Armenia's main importing competitors in Perfumery & cosmetics were:

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Trade Value of Perfumery & cosmetics by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $469k
TOP IMPORT POTENTIALFrance+ $3.35M

Perfumery & cosmetics’s highest export potential is United States. With an export gap of $469k.   Perfumery & cosmetics’s highest import potential is France with an import gap of $3.35M.

See methodology.

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