2022
Exports
$9.01MWorld Rnk 23 / 120
Flag Rnk 70 / 945
2022
PRODUCT COMPLEXITY IN Synthetic Reconstructed Jewellery Stones
-0.19Rnk 615 / 1025
2022
Imports
$6.82MWorld Rnk 29 / 158
Flag Rnk 222 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $9.01M in Synthetic Reconstructed Jewellery Stones, making it the 23rd largest exporter of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 70th most exported product in Armenia. The main destination of Synthetic Reconstructed Jewellery Stones exports from Armenia are: Russia ($7.93M), Switzerland ($405k), United States ($236k), Germany ($215k), and Israel ($90.5k).

The fastest growing export markets for Synthetic Reconstructed Jewellery Stones of Armenia between 2021 and 2022 were Russia ($7.37M), Switzerland ($405k), and Germany ($208k).

Imports In 2022, Armenia imported $6.82M in Synthetic Reconstructed Jewellery Stones, becoming the 29th largest importer of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 222nd most imported product in Armenia. Armenia imports Synthetic Reconstructed Jewellery Stones primarily from: India ($2.79M), Russia ($1.03M), United States ($908k), China ($678k), and Israel ($642k).

The fastest growing import markets in Synthetic Reconstructed Jewellery Stones for Armenia between 2021 and 2022 were India ($2.36M), Russia ($852k), and United States ($650k).

Latest Trends

Oct 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 Synthetic Reconstructed Jewellery Stones. 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)$9.01M
IMPORTS (2022)$6.82M
NET TRADE (2022)$2.19M

In 2022, Armenia exported $9.01M in Synthetic Reconstructed Jewellery Stones. The main destinations of Armenia exports on Synthetic Reconstructed Jewellery Stones were Russia ($7.93M), Switzerland ($405k), United States ($236k), Germany ($215k), and Israel ($90.5k).

In 2022, Armenia imported $6.82M in Synthetic Reconstructed Jewellery Stones, mainly from India ($2.79M), Russia ($1.03M), United States ($908k), China ($678k), and Israel ($642k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Synthetic Reconstructed Jewellery Stones EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$7.37M (1.31k%)
Switzerland$405k (1.01M%)
Germany$208k (2.74k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Reconstructed Jewellery Stones BY Armenia WERE (2021 - 2022):
Hong Kong-$561k (-91.6%)
Israel-$206k (-69.5%)
United States-$116k (-33%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Synthetic Reconstructed Jewellery Stones were:
In 2022, Armenia's main importing competitors in Synthetic Reconstructed Jewellery Stones were:

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Trade Value of Synthetic Reconstructed Jewellery Stones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $459k
TOP IMPORT POTENTIALIndia+ $715k

Synthetic Reconstructed Jewellery Stones’s highest export potential is United States. With an export gap of $459k.   Synthetic Reconstructed Jewellery Stones’s highest import potential is India with an import gap of $715k.

See methodology.

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