2022
Exports
$1.22MWorld Rnk 82 / 218
Flag Rnk 236 / 945
falsefalse Russia
2022
PRODUCT COMPLEXITY IN Sports Equipment
0.52Rnk 358 / 1025
2022
Imports
$6.67MWorld Rnk 122 / 225
Flag Rnk 225 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.22M in Sports Equipment, making it the 82nd largest exporter of Sports Equipment in the world. At the same year, Sports Equipment was the 236th most exported product in Armenia. The main destination of Sports Equipment exports from Armenia are: Russia ($1.18M), Belarus ($36.3k), Indonesia ($1.33k), Canada ($1.08k), and United Arab Emirates ($897).

Imports In 2022, Armenia imported $6.67M in Sports Equipment, becoming the 122nd largest importer of Sports Equipment in the world. At the same year, Sports Equipment was the 225th most imported product in Armenia. Armenia imports Sports Equipment primarily from: China ($2.79M), Lithuania ($852k), Italy ($606k), Russia ($487k), and United Arab Emirates ($262k).

The fastest growing import markets in Sports Equipment for Armenia between 2021 and 2022 were Lithuania ($841k), Italy ($515k), and United Arab Emirates ($222k).

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 Sports Equipment. 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)$1.22M
IMPORTS (2022)$6.67M
NET TRADE (2022)-$5.44M

In 2022, Armenia exported $1.22M in Sports Equipment. The main destinations of Armenia exports on Sports Equipment were Russia ($1.18M), Belarus ($36.3k), Indonesia ($1.33k), Canada ($1.08k), and United Arab Emirates ($897).

In 2022, Armenia imported $6.67M in Sports Equipment, mainly from China ($2.79M), Lithuania ($852k), Italy ($606k), Russia ($487k), and United Arab Emirates ($262k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Sports Equipment were:
In 2022, Armenia's main importing competitors in Sports Equipment were:

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Trade Value of Sports Equipment by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALBelarus+ $20.1k
TOP IMPORT POTENTIALChina+ $1.56M

Sports Equipment’s highest export potential is Belarus. With an export gap of $20.1k.   Sports Equipment’s highest import potential is China with an import gap of $1.56M.

See methodology.

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