2022
Exports
$6.99MWorld Rnk 107 / 225
Flag Rnk 49 / 96
2022
PRODUCT COMPLEXITY IN Used clothes & textile articles
-0.37Rnk 664 / 1025
2022
Imports
$21.7MWorld Rnk 150 / 226
Flag Rnk 57 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $6.99M in Used clothes & textile articles, making it the 107th largest exporter of Used clothes & textile articles in the world. At the same year, Used clothes & textile articles was the 49th most exported product in Armenia. The main destination of Used clothes & textile articles exports from Armenia are: Russia ($3.85M), Slovakia ($1.69M), Iraq ($167k), Saudi Arabia ($164k), and United States ($157k).

The fastest growing export markets for Used clothes & textile articles of Armenia between 2021 and 2022 were Russia ($2.14M), Slovakia ($1.69M), and Iraq ($144k).

Imports In 2022, Armenia imported $21.7M in Used clothes & textile articles, becoming the 150th largest importer of Used clothes & textile articles in the world. At the same year, Used clothes & textile articles was the 57th most imported product in Armenia. Armenia imports Used clothes & textile articles primarily from: Russia ($4.2M), China ($3.94M), Iran ($2.96M), Turkey ($2.3M), and France ($1.32M).

The fastest growing import markets in Used clothes & textile articles for Armenia between 2021 and 2022 were Turkey ($2.15M), Russia ($1.82M), and France ($1.08M).

Latest Trends

Nov 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 Used clothes & textile articles. 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)$6.99M
IMPORTS (2022)$21.7M
NET TRADE (2022)-$14.7M

In 2022, Armenia exported $6.99M in Used clothes & textile articles. The main destinations of Armenia exports on Used clothes & textile articles were Russia ($3.85M), Slovakia ($1.69M), Iraq ($167k), Saudi Arabia ($164k), and United States ($157k).

In 2022, Armenia imported $21.7M in Used clothes & textile articles, mainly from Russia ($4.2M), China ($3.94M), Iran ($2.96M), Turkey ($2.3M), and France ($1.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used clothes & textile articles EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$2.14M (126%)
Slovakia$1.69M (1%)
Iraq$144k (632%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used clothes & textile articles BY Armenia WERE (2021 - 2022):
Georgia-$47.7k (-25.3%)
Gambia-$12.8k (-100%)
Seychelles-$9.62k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Used clothes & textile articles were:
China $38.2B
India $6.37B
In 2022, Armenia's main importing competitors in Used clothes & textile articles were:

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Trade Value of Used clothes & textile articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $400k
TOP IMPORT POTENTIALChina+ $2.89M

Used clothes & textile articles’s highest export potential is United States. With an export gap of $400k.   Used clothes & textile articles’s highest import potential is China with an import gap of $2.89M.

See methodology.

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