2022
Exports
$130MWorld Rnk 26 / 161
Flag Rnk 11 / 945
2022
PRODUCT COMPLEXITY IN Aluminium Foil
0.68Rnk 283 / 1025
2022
Imports
$10.2MWorld Rnk 92 / 218
Flag Rnk 173 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $130M in Aluminium Foil, making it the 26th largest exporter of Aluminium Foil in the world. At the same year, Aluminium Foil was the 11th most exported product in Armenia. The main destination of Aluminium Foil exports from Armenia are: Germany ($59M), Poland ($19.3M), Italy ($12.9M), Netherlands ($12.8M), and United Kingdom ($7.36M).

The fastest growing export markets for Aluminium Foil of Armenia between 2021 and 2022 were Germany ($20.7M), Poland ($4.41M), and United Kingdom ($3.82M).

Imports In 2022, Armenia imported $10.2M in Aluminium Foil, becoming the 92nd largest importer of Aluminium Foil in the world. At the same year, Aluminium Foil was the 173rd most imported product in Armenia. Armenia imports Aluminium Foil primarily from: Greece ($7.32M), Russia ($1.1M), United Arab Emirates ($460k), China ($443k), and Bulgaria ($141k).

The fastest growing import markets in Aluminium Foil for Armenia between 2021 and 2022 were Greece ($3.21M), Russia ($778k), and United Arab Emirates ($340k).

Latest Trends

Oct 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 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 (2022)$130M
IMPORTS (2022)$10.2M
NET TRADE (2022)$120M

In 2022, Armenia exported $130M in Aluminium Foil. The main destinations of Armenia exports on Aluminium Foil were Germany ($59M), Poland ($19.3M), Italy ($12.9M), Netherlands ($12.8M), and United Kingdom ($7.36M).

In 2022, Armenia imported $10.2M in Aluminium Foil, mainly from Greece ($7.32M), Russia ($1.1M), United Arab Emirates ($460k), China ($443k), and Bulgaria ($141k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Foil EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Germany$20.7M (54.1%)
Poland$4.41M (29.6%)
United Kingdom$3.82M (108%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Foil BY Armenia WERE (2021 - 2022):
United States-$9.05M (-85%)
Israel-$3.84M (-100%)
Canada-$2.59M (-76.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Aluminium Foil were:
China $6.56B
Italy $958M
In 2022, 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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