2023
Exports
$89MWorld Rnk 28 / 158
Flag Rnk 15 / 973
2023
PRODUCT COMPLEXITY IN Aluminium Foil
0.67Rnk 299 / 1025
2023
Imports
$10.1MWorld Rnk 89 / 221
Flag Rnk 197 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $89M in Aluminium Foil, making it the 28th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 15th most exported product in Armenia. The main destination of Aluminium Foil exports from Armenia are: Germany ($38.2M), Poland ($15M), Netherlands ($9.58M), Spain ($6.18M), and Italy ($5.82M).

The fastest growing export markets for Aluminium Foil of Armenia between 2022 and 2023 were Spain ($1.63M), Russia ($1.4M), and Greece ($563k).

Imports In 2023, Armenia imported $10.1M in Aluminium Foil, becoming the 89th largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 197th most imported product in Armenia. Armenia imports Aluminium Foil primarily from: Greece ($7.85M), Russia ($701k), China ($694k), Italy ($131k), and Germany ($109k).

The fastest growing import markets in Aluminium Foil for Armenia between 2022 and 2023 were Greece ($264k), China ($258k), and Thailand ($53.9k).

Latest Trends

Jan 2025

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 Aluminium Foil. 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 (2023)$89M
IMPORTS (2023)$10.1M
NET TRADE (2023)$78.9M

In 2023, Armenia exported $89M in Aluminium Foil. The main destinations of Armenia exports on Aluminium Foil were Germany ($38.2M), Poland ($15M), Netherlands ($9.58M), Spain ($6.18M), and Italy ($5.82M).

In 2023, Armenia imported $10.1M in Aluminium Foil, mainly from Greece ($7.85M), Russia ($701k), China ($694k), Italy ($131k), and Germany ($109k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Spain$1.63M (35.9%)
Russia$1.4M (128%)
Greece$563k (45.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Armenia WERE (2022 - 2023):
Germany-$21M (-35.5%)
Italy-$8.62M (-59.7%)
Poland-$4.26M (-22.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Aluminium Foil were:
China $4.87B
Germany $1.74B
Italy $789M
In 2023, Armenia's main importing competitors in Aluminium Foil were:

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Trade Value of Aluminium Foil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3M
TOP IMPORT POTENTIALChina+ $694k

Aluminium Foil’s highest export potential is United States. With an export gap of $3M.   Aluminium Foil’s highest import potential is China with an import gap of $694k.

See methodology.

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