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2023
Exports $9.29kWorld Rnk 77 / 141
Flag Rnk 783 / 973
2023
Destination $1.83k Russia
2022 - 2023
FASTEST GROWING MARKET $1.83kRussia
2023
PRODUCT COMPLEXITY IN Cooking Hand Tools0.89Rnk 210 / 1025
2023
Imports $368kWorld Rnk 109 / 209
Flag Rnk 753 / 1135
2023
Origin $156k Russia
2022 - 2023
FASTEST GROWING ORIGIN $156kRussia
2023
ECONOMIC COMPLEXITY of Armenia0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $9.29k in Cooking Hand Tools, making it the 77th largest exporter of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 783rd most exported product in Armenia. The main destination of Cooking Hand Tools exports from Armenia are: Russia ($9.1k) and Chinese Taipei ($193).

The fastest growing export markets for Cooking Hand Tools of Armenia between 2022 and 2023 were Russia ($1.83k) and Chinese Taipei ($193).

Imports In 2023, Armenia imported $368k in Cooking Hand Tools, becoming the 109th largest importer of Cooking Hand Tools in the world. At the same year, Cooking Hand Tools was the 753rd most imported product in Armenia. Armenia imports Cooking Hand Tools primarily from: Russia ($182k), China ($123k), Iran ($15.7k), Georgia ($10.9k), and Turkey ($6.06k).

The fastest growing import markets in Cooking Hand Tools for Armenia between 2022 and 2023 were Russia ($156k), China ($52.4k), and Iran ($13k).

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 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 (2023)$9.29k
IMPORTS (2023)$368k
NET TRADE (2023)-$359k

In 2023, Armenia exported $9.29k in Cooking Hand Tools. The main destinations of Armenia exports on Cooking Hand Tools were Russia ($9.1k) and Chinese Taipei ($193).

In 2023, Armenia imported $368k in Cooking Hand Tools, mainly from Russia ($182k), China ($123k), Iran ($15.7k), Georgia ($10.9k), and Turkey ($6.06k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Cooking Hand Tools EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$1.83k (25.1%)
Chinese Taipei$193 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cooking Hand Tools BY Armenia WERE (2022 - 2023):Georgia-$204 (-100%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Cooking Hand Tools were:
China $359M
France $34.6M
Germany $33.9M
In 2023, Armenia's main importing competitors in Cooking Hand Tools were:
United States $123M
Germany $52.4M
Canada $32.1M

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Trade Value of Cooking Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
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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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