2022
Exports
$554kWorld Rnk 119 / 165
Flag Rnk 324 / 945
2022
PRODUCT COMPLEXITY IN Tanned Equine and Bovine Hides
-1Rnk 841 / 1025
2022
Imports
$2.66MWorld Rnk 83 / 191
Flag Rnk 390 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $554k in Tanned Equine and Bovine Hides, making it the 119th largest exporter of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 324th most exported product in Armenia. The main destination of Tanned Equine and Bovine Hides exports from Armenia are: India ($242k), Turkey ($183k), Georgia ($56.5k), Russia ($49.4k), and Pakistan ($18.3k).

The fastest growing export markets for Tanned Equine and Bovine Hides of Armenia between 2021 and 2022 were India ($135k), Georgia ($56.5k), and Russia ($32.1k).

Imports In 2022, Armenia imported $2.66M in Tanned Equine and Bovine Hides, becoming the 83rd largest importer of Tanned Equine and Bovine Hides in the world. At the same year, Tanned Equine and Bovine Hides was the 390th most imported product in Armenia. Armenia imports Tanned Equine and Bovine Hides primarily from: Turkey ($1.24M), Italy ($438k), China ($364k), Pakistan ($322k), and Russia ($97.1k).

The fastest growing import markets in Tanned Equine and Bovine Hides for Armenia between 2021 and 2022 were Italy ($308k), Turkey ($185k), and China ($130k).

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 Tanned Equine and Bovine Hides. 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)$554k
IMPORTS (2022)$2.66M
NET TRADE (2022)-$2.11M

In 2022, Armenia exported $554k in Tanned Equine and Bovine Hides. The main destinations of Armenia exports on Tanned Equine and Bovine Hides were India ($242k), Turkey ($183k), Georgia ($56.5k), Russia ($49.4k), and Pakistan ($18.3k).

In 2022, Armenia imported $2.66M in Tanned Equine and Bovine Hides, mainly from Turkey ($1.24M), Italy ($438k), China ($364k), Pakistan ($322k), and Russia ($97.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tanned Equine and Bovine Hides EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
India$135k (127%)
Georgia$56.5k (1%)
Russia$32.1k (186%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tanned Equine and Bovine Hides BY Armenia WERE (2021 - 2022):
Iran-$49.3k (-100%)
Belarus-$2.2k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Tanned Equine and Bovine Hides were:
In 2022, Armenia's main importing competitors in Tanned Equine and Bovine Hides were:
China $2.31B
Italy $1.69B
Vietnam $1.34B

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Trade Value of Tanned Equine and Bovine Hides by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $102k
TOP IMPORT POTENTIALItaly+ $12.4k

Tanned Equine and Bovine Hides’s highest export potential is India. With an export gap of $102k.   Tanned Equine and Bovine Hides’s highest import potential is Italy with an import gap of $12.4k.

See methodology.

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