2023
Exports
$2.7MWorld Rnk 65 / 179
Flag Rnk 183 / 973
2023
PRODUCT COMPLEXITY IN Footwear Parts
-0.66Rnk 750 / 1025
2023
Imports
$4.65MWorld Rnk 88 / 207
Flag Rnk 317 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $2.7M in Footwear Parts, making it the 65th largest exporter of Footwear Parts in the world. At the same year, Footwear Parts was the 183rd most exported product in Armenia. The main destination of Footwear Parts exports from Armenia are: Russia ($2.65M), Kazakhstan ($23.2k), Germany ($15.6k), United States ($4.46k), and Georgia ($3.5k).

The fastest growing export markets for Footwear Parts of Armenia between 2022 and 2023 were Russia ($511k), Kazakhstan ($21k), and Germany ($6.86k).

Imports In 2023, Armenia imported $4.65M in Footwear Parts, becoming the 88th largest importer of Footwear Parts in the world. At the same year, Footwear Parts was the 317th most imported product in Armenia. Armenia imports Footwear Parts primarily from: New Zealand ($2.21M), Turkey ($1.32M), China ($238k), Georgia ($232k), and Russia ($190k).

The fastest growing import markets in Footwear Parts for Armenia between 2022 and 2023 were New Zealand ($358k), Georgia ($202k), and China ($152k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Footwear Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$2.7M
IMPORTS (2023)$4.65M
NET TRADE (2023)-$1.95M

In 2023, Armenia exported $2.7M in Footwear Parts. The main destinations of Armenia exports on Footwear Parts were Russia ($2.65M), Kazakhstan ($23.2k), Germany ($15.6k), United States ($4.46k), and Georgia ($3.5k).

In 2023, Armenia imported $4.65M in Footwear Parts, mainly from New Zealand ($2.21M), Turkey ($1.32M), China ($238k), Georgia ($232k), and Russia ($190k).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Footwear Parts EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$511k (23.9%)
Kazakhstan$21k (951%)
Germany$6.86k (78.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Footwear Parts BY Armenia WERE (2022 - 2023):
Georgia-$7.43k (-68%)
Italy-$440 (-100%)
Indonesia-$310 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Armenia's main exporting competitors in Footwear Parts were:
China $3.98B
Italy $674M
In 2023, Armenia's main importing competitors in Footwear Parts were:

Explore Visualizations

Trade Value of Footwear Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $38.4k
TOP IMPORT POTENTIALChina+ $141k

Footwear Parts’s highest export potential is Germany. With an export gap of $38.4k.   Footwear Parts’s highest import potential is China with an import gap of $141k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with