2022
Exports
$965kWorld Rnk 42 / 146
Flag Rnk 69 / 96
2022
PRODUCT COMPLEXITY IN Cork & cork articles
-0.17Rnk 605 / 1025
2022
Imports
$7.94MWorld Rnk 35 / 208
Flag Rnk 71 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $965k in Cork & cork articles, making it the 42nd largest exporter of Cork & cork articles in the world. At the same year, Cork & cork articles was the 69th most exported product in Armenia. The main destination of Cork & cork articles exports from Armenia are: Russia ($862k), Portugal ($39k), Belarus ($26.5k), Ireland ($26.3k), and China ($7.05k).

The fastest growing export markets for Cork & cork articles of Armenia between 2021 and 2022 were Russia ($862k), Belarus ($26.5k), and Ireland ($26.3k).

Imports In 2022, Armenia imported $7.94M in Cork & cork articles, becoming the 35th largest importer of Cork & cork articles in the world. At the same year, Cork & cork articles was the 71st most imported product in Armenia. Armenia imports Cork & cork articles primarily from: Portugal ($3.06M), Spain ($1.43M), France ($1.03M), Georgia ($579k), and Russia ($559k).

The fastest growing import markets in Cork & cork articles for Armenia between 2021 and 2022 were Portugal ($1.46M), Georgia ($408k), and Bulgaria ($397k).

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 Cork & cork articles. 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)$965k
IMPORTS (2022)$7.94M
NET TRADE (2022)-$6.97M

In 2022, Armenia exported $965k in Cork & cork articles. The main destinations of Armenia exports on Cork & cork articles were Russia ($862k), Portugal ($39k), Belarus ($26.5k), Ireland ($26.3k), and China ($7.05k).

In 2022, Armenia imported $7.94M in Cork & cork articles, mainly from Portugal ($3.06M), Spain ($1.43M), France ($1.03M), Georgia ($579k), and Russia ($559k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cork & cork articles EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$862k (365k%)
Belarus$26.5k (110k%)
Ireland$26.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cork & cork articles BY Armenia WERE (2021 - 2022):
Bahrain-$545 (-100%)
Netherlands-$3 (-42.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Cork & cork articles were:
In 2022, Armenia's main importing competitors in Cork & cork articles were:

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Trade Value of Cork & cork articles by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALPortugal+ $15.5k
TOP IMPORT POTENTIALGermany+ $29.9k

Cork & cork articles’s highest export potential is Portugal. With an export gap of $15.5k.   Cork & cork articles’s highest import potential is Germany with an import gap of $29.9k.

See methodology.

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