2022
Exports
$4.77MWorld Rnk 65 / 203
Flag Rnk 53 / 96
2022
PRODUCT COMPLEXITY IN Carpets & textile floor covers
0.3Rnk 450 / 1025
2022
Imports
$11.2MWorld Rnk 102 / 225
Flag Rnk 69 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $4.77M in Carpets & textile floor covers, making it the 65th largest exporter of Carpets & textile floor covers in the world. At the same year, Carpets & textile floor covers was the 53rd most exported product in Armenia. The main destination of Carpets & textile floor covers exports from Armenia are: Russia ($4.43M), Belarus ($178k), United States ($70.1k), Australia ($18.2k), and United Arab Emirates ($16.5k).

The fastest growing export markets for Carpets & textile floor covers of Armenia between 2021 and 2022 were Russia ($4.37M), Belarus ($155k), and Australia ($18.2k).

Imports In 2022, Armenia imported $11.2M in Carpets & textile floor covers, becoming the 102nd largest importer of Carpets & textile floor covers in the world. At the same year, Carpets & textile floor covers was the 69th most imported product in Armenia. Armenia imports Carpets & textile floor covers primarily from: Turkey ($2.91M), Iran ($2.67M), Georgia ($2.3M), Belgium ($498k), and China ($452k).

The fastest growing import markets in Carpets & textile floor covers for Armenia between 2021 and 2022 were Turkey ($2.91M), Iran ($2.06M), and Georgia ($2.04M).

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 Carpets & textile floor covers. 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)$4.77M
IMPORTS (2022)$11.2M
NET TRADE (2022)-$6.43M

In 2022, Armenia exported $4.77M in Carpets & textile floor covers. The main destinations of Armenia exports on Carpets & textile floor covers were Russia ($4.43M), Belarus ($178k), United States ($70.1k), Australia ($18.2k), and United Arab Emirates ($16.5k).

In 2022, Armenia imported $11.2M in Carpets & textile floor covers, mainly from Turkey ($2.91M), Iran ($2.67M), Georgia ($2.3M), Belgium ($498k), and China ($452k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Carpets & textile floor covers EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$4.37M (6.87k%)
Belarus$155k (667%)
Australia$18.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Carpets & textile floor covers BY Armenia WERE (2021 - 2022):
Netherlands-$1.91k (-93%)
Seychelles-$1.19k (-100%)
Portugal-$730 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Carpets & textile floor covers were:
China $3.72B
Turkey $2.89B
India $2.05B
In 2022, Armenia's main importing competitors in Carpets & textile floor covers were:

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Trade Value of Carpets & textile floor covers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $229k
TOP IMPORT POTENTIALTurkey+ $664k

Carpets & textile floor covers’s highest export potential is United States. With an export gap of $229k.   Carpets & textile floor covers’s highest import potential is Turkey with an import gap of $664k.

See methodology.

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