2023
Exports
$5.18MWorld Rnk 42 / 174
Flag Rnk 124 / 973
2023
PRODUCT COMPLEXITY IN Textile Processing Machines
1.18Rnk 111 / 1025
2023
Imports
$8.99MWorld Rnk 83 / 219
Flag Rnk 217 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $5.18M in Textile Processing Machines, making it the 42nd largest exporter of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 124th most exported product in Armenia. The main destination of Textile Processing Machines exports from Armenia are: Russia ($5.06M), Slovakia ($115k), Belarus ($2.84k), Italy ($1.41k), and Georgia ($1.3k).

The fastest growing export markets for Textile Processing Machines of Armenia between 2022 and 2023 were Russia ($4.48M), Slovakia ($109k), and Italy ($1.41k).

Imports In 2023, Armenia imported $8.99M in Textile Processing Machines, becoming the 83rd largest importer of Textile Processing Machines in the world. At the same year, Textile Processing Machines was the 217th most imported product in Armenia. Armenia imports Textile Processing Machines primarily from: China ($5.05M), Georgia ($678k), Germany ($547k), Turkey ($336k), and Poland ($304k).

The fastest growing import markets in Textile Processing Machines for Armenia between 2022 and 2023 were China ($3.85M), Georgia ($192k), and Turkey ($185k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Textile Processing Machines. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$5.18M
IMPORTS (2023)$8.99M
NET TRADE (2023)-$3.81M

In 2023, Armenia exported $5.18M in Textile Processing Machines. The main destinations of Armenia exports on Textile Processing Machines were Russia ($5.06M), Slovakia ($115k), Belarus ($2.84k), Italy ($1.41k), and Georgia ($1.3k).

In 2023, Armenia imported $8.99M in Textile Processing Machines, mainly from China ($5.05M), Georgia ($678k), Germany ($547k), Turkey ($336k), and Poland ($304k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Textile Processing Machines EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$4.48M (777%)
Slovakia$109k (1.95k%)
Italy$1.41k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Processing Machines BY Armenia WERE (2022 - 2023):
Belarus-$49k (-94.5%)
Lebanon-$980 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Armenia's main exporting competitors in Textile Processing Machines were:
In 2023, Armenia's main importing competitors in Textile Processing Machines were:

Explore Visualizations

Trade Value of Textile Processing Machines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSlovakia+ $8.1k
TOP IMPORT POTENTIALChina+ $403k

Textile Processing Machines’s highest export potential is Slovakia. With an export gap of $8.1k.   Textile Processing Machines’s highest import potential is China with an import gap of $403k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with