2022
Exports
$46kWorld Rnk 89 / 156
Flag Rnk 630 / 945
2022
PRODUCT COMPLEXITY IN Buttons
0.32Rnk 436 / 1025
2022
Imports
$3.23MWorld Rnk 66 / 207
Flag Rnk 353 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $46k in Buttons, making it the 89th largest exporter of Buttons in the world. At the same year, Buttons was the 630th most exported product in Armenia. The main destination of Buttons exports from Armenia are: Russia ($39.8k), Italy ($6.04k), Turkey ($76), Lithuania ($52), and Germany ($13).

The fastest growing export markets for Buttons of Armenia between 2021 and 2022 were Russia ($37.4k), Italy ($4.8k), and Lithuania ($52).

Imports In 2022, Armenia imported $3.23M in Buttons, becoming the 66th largest importer of Buttons in the world. At the same year, Buttons was the 353rd most imported product in Armenia. Armenia imports Buttons primarily from: Italy ($1.54M), Germany ($775k), Slovakia ($225k), Turkey ($158k), and Russia ($156k).

The fastest growing import markets in Buttons for Armenia between 2021 and 2022 were Italy ($610k), Turkey ($135k), and Germany ($82k).

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 Buttons. 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)$46k
IMPORTS (2022)$3.23M
NET TRADE (2022)-$3.18M

In 2022, Armenia exported $46k in Buttons. The main destinations of Armenia exports on Buttons were Russia ($39.8k), Italy ($6.04k), Turkey ($76), Lithuania ($52), and Germany ($13).

In 2022, Armenia imported $3.23M in Buttons, mainly from Italy ($1.54M), Germany ($775k), Slovakia ($225k), Turkey ($158k), and Russia ($156k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Buttons EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$37.4k (1.56k%)
Italy$4.8k (386%)
Lithuania$52 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Buttons BY Armenia WERE (2021 - 2022):Germany-$29 (-69%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Buttons by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $8.68k
TOP IMPORT POTENTIALChina+ $159k

Buttons’s highest export potential is Italy. With an export gap of $8.68k.   Buttons’s highest import potential is China with an import gap of $159k.

See methodology.

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