2022
Exports
$102kWorld Rnk 95 / 149
Flag Rnk 550 / 945
2022
PRODUCT COMPLEXITY IN Fuel Wood
-0.33Rnk 658 / 1025
2022
Imports
$335kWorld Rnk 91 / 197
Flag Rnk 750 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $102k in Fuel Wood, making it the 95th largest exporter of Fuel Wood in the world. At the same year, Fuel Wood was the 550th most exported product in Armenia. The main destination of Fuel Wood exports from Armenia are: Lithuania ($79.6k), Oman ($12.1k), Finland ($9.44k), Russia ($538), and South Korea ($2).

The fastest growing export markets for Fuel Wood of Armenia between 2021 and 2022 were Lithuania ($79.6k), Oman ($12.1k), and Finland ($9.44k).

Imports In 2022, Armenia imported $335k in Fuel Wood, becoming the 91st largest importer of Fuel Wood in the world. At the same year, Fuel Wood was the 750th most imported product in Armenia. Armenia imports Fuel Wood primarily from: Russia ($101k), France ($78.1k), Belarus ($57.7k), Germany ($38.8k), and Bulgaria ($22.6k).

The fastest growing import markets in Fuel Wood for Armenia between 2021 and 2022 were Russia ($80.7k), Belarus ($57.5k), and Germany ($17.1k).

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 Fuel Wood. 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)$102k
IMPORTS (2022)$335k
NET TRADE (2022)-$233k

In 2022, Armenia exported $102k in Fuel Wood. The main destinations of Armenia exports on Fuel Wood were Lithuania ($79.6k), Oman ($12.1k), Finland ($9.44k), Russia ($538), and South Korea ($2).

In 2022, Armenia imported $335k in Fuel Wood, mainly from Russia ($101k), France ($78.1k), Belarus ($57.7k), Germany ($38.8k), and Bulgaria ($22.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fuel Wood EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Lithuania$79.6k (1%)
Oman$12.1k (1%)
Finland$9.44k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fuel Wood BY Armenia WERE (2021 - 2022):United States-$3.23k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Fuel Wood were:
In 2022, Armenia's main importing competitors in Fuel Wood were:

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Trade Value of Fuel Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFinland+ $8.33k
TOP IMPORT POTENTIALRussia+ $39.3k

Fuel Wood’s highest export potential is Finland. With an export gap of $8.33k.   Fuel Wood’s highest import potential is Russia with an import gap of $39.3k.

See methodology.

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