2022
Exports
$7.48kWorld Rnk 76 / 132
Flag Rnk 778 / 945
2022
PRODUCT COMPLEXITY IN Cooking Hand Tools
0.5Rnk 368 / 1025
2022
Imports
$127kWorld Rnk 133 / 209
Flag Rnk 878 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $7.48k in Cooking Hand Tools, making it the 76th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 778th most exported product in Armenia. The main destination of Cooking Hand Tools exports from Armenia are: Russia ($7.27k) and Georgia ($204).

The fastest growing export markets for Cooking Hand Tools of Armenia between 2021 and 2022 were Russia ($6.07k).

Imports In 2022, Armenia imported $127k in Cooking Hand Tools, becoming the 133rd largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 878th most imported product in Armenia. Armenia imports Cooking Hand Tools primarily from: China ($43.8k), Russia ($25.8k), Turkey ($12.9k), Germany ($11.3k), and France ($6.81k).

The fastest growing import markets in Cooking Hand Tools for Armenia between 2021 and 2022 were Turkey ($12.9k), Russia ($10.5k), and Georgia ($4.87k).

Latest Trends

Sep 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 Cooking Hand Tools. 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)$7.48k
IMPORTS (2022)$127k
NET TRADE (2022)-$120k

In 2022, Armenia exported $7.48k in Cooking Hand Tools. The main destinations of Armenia exports on Cooking Hand Tools were Russia ($7.27k) and Georgia ($204).

In 2022, Armenia imported $127k in Cooking Hand Tools, mainly from China ($43.8k), Russia ($25.8k), Turkey ($12.9k), Germany ($11.3k), and France ($6.81k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$6.07k (503%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Armenia WERE (2021 - 2022):Georgia-$383 (-65.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Cooking Hand Tools were:
China $357M
Germany $40.9M
France $33.7M
In 2022, Armenia's main importing competitors in Cooking Hand Tools were:

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $942
TOP IMPORT POTENTIALChina+ $27.1k

Cooking Hand Tools’s highest export potential is Russia. With an export gap of $942.   Cooking Hand Tools’s highest import potential is China with an import gap of $27.1k.

See methodology.

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