2022
Exports
$22.3kWorld Rnk 75 / 137
Flag Rnk 703 / 945
2022
PRODUCT COMPLEXITY IN Vegetable and Mineral Carvings
-0.12Rnk 589 / 1025
2022
Imports
$61.6kWorld Rnk 132 / 190
Flag Rnk 944 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $22.3k in Vegetable and Mineral Carvings, making it the 75th largest exporter of Vegetable and Mineral Carvings in the world. At the same year, Vegetable and Mineral Carvings was the 703rd most exported product in Armenia. The main destination of Vegetable and Mineral Carvings exports from Armenia are: Lithuania ($20.6k), Iraq ($1.68k), and Russia ($112).

The fastest growing export markets for Vegetable and Mineral Carvings of Armenia between 2021 and 2022 were Lithuania ($20.6k) and Iraq ($1.68k).

Imports In 2022, Armenia imported $61.6k in Vegetable and Mineral Carvings, becoming the 132nd largest importer of Vegetable and Mineral Carvings in the world. At the same year, Vegetable and Mineral Carvings was the 944th most imported product in Armenia. Armenia imports Vegetable and Mineral Carvings primarily from: Russia ($26.7k), Belgium ($14.3k), Pakistan ($14k), China ($2.96k), and Italy ($2.53k).

The fastest growing import markets in Vegetable and Mineral Carvings for Armenia between 2021 and 2022 were Pakistan ($14k), Italy ($2.53k), and Belgium ($946).

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 Vegetable and Mineral Carvings. 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)$22.3k
IMPORTS (2022)$61.6k
NET TRADE (2022)-$39.3k

In 2022, Armenia exported $22.3k in Vegetable and Mineral Carvings. The main destinations of Armenia exports on Vegetable and Mineral Carvings were Lithuania ($20.6k), Iraq ($1.68k), and Russia ($112).

In 2022, Armenia imported $61.6k in Vegetable and Mineral Carvings, mainly from Russia ($26.7k), Belgium ($14.3k), Pakistan ($14k), China ($2.96k), and Italy ($2.53k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable and Mineral Carvings EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Lithuania$20.6k (1%)
Iraq$1.68k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable and Mineral Carvings BY Armenia WERE (2021 - 2022):Russia-$1.06k (-90.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Vegetable and Mineral Carvings were:
In 2022, Armenia's main importing competitors in Vegetable and Mineral Carvings were:

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Trade Value of Vegetable and Mineral Carvings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $932
TOP IMPORT POTENTIALBelgium+ $6.81k

Vegetable and Mineral Carvings’s highest export potential is United States. With an export gap of $932.   Vegetable and Mineral Carvings’s highest import potential is Belgium with an import gap of $6.81k.

See methodology.

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