2021
Exports
$2.83kWorld Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2021
Imports
$215kWorld Rnk 78 / 178
Flag Rnk 819 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $215k in Turpentine, becoming the 78th largest importer of Turpentine in the world. At the same year, Turpentine was the 819th most imported product in Armenia. Armenia imports Turpentine primarily from: China ($175k), Russia ($39.3k), France ($294), Bulgaria ($158), and United Kingdom ($121).

The fastest growing import markets in Turpentine for Armenia between 2021 and 2022 were Russia ($39k), France ($179), and Bulgaria ($158).

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 Turpentine. 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 (2021)$2.83k
IMPORTS (2022)$215k
NET TRADE (2022)-$215k

In 2022, Armenia imported $215k in Turpentine, mainly from China ($175k), Russia ($39.3k), France ($294), Bulgaria ($158), and United Kingdom ($121).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Armenia WERE (N/A - 2021):Russia-$2.83k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $382
TOP IMPORT POTENTIALFrance+ $1.07k

Turpentine’s highest export potential is India. With an export gap of $382.   Turpentine’s highest import potential is France with an import gap of $1.07k.

See methodology.

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