2022
Exports
$152kWorld Rnk 73 / 179
Flag Rnk 491 / 945
2022
PRODUCT COMPLEXITY IN Garden Tools
0.2Rnk 486 / 1025
2022
Imports
$878kWorld Rnk 144 / 219
Flag Rnk 583 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $152k in Garden Tools, making it the 73rd largest exporter of Garden Tools in the world. At the same year, Garden Tools was the 491st most exported product in Armenia. The main destination of Garden Tools exports from Armenia are: Belarus ($72.8k), Russia ($68.8k), Dominican Republic ($8.63k), and Iran ($1.26k).

The fastest growing export markets for Garden Tools of Armenia between 2021 and 2022 were Belarus ($72.8k), Dominican Republic ($8.63k), and Iran ($1.26k).

Imports In 2022, Armenia imported $878k in Garden Tools, becoming the 144th largest importer of Garden Tools in the world. At the same year, Garden Tools was the 583rd most imported product in Armenia. Armenia imports Garden Tools primarily from: China ($527k), Russia ($86.5k), Georgia ($44.2k), Italy ($40.5k), and Turkey ($37.4k).

The fastest growing import markets in Garden Tools for Armenia between 2021 and 2022 were China ($45k), Turkey ($37.4k), and Italy ($35.4k).

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 Garden 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)$152k
IMPORTS (2022)$878k
NET TRADE (2022)-$727k

In 2022, Armenia exported $152k in Garden Tools. The main destinations of Armenia exports on Garden Tools were Belarus ($72.8k), Russia ($68.8k), Dominican Republic ($8.63k), and Iran ($1.26k).

In 2022, Armenia imported $878k in Garden Tools, mainly from China ($527k), Russia ($86.5k), Georgia ($44.2k), Italy ($40.5k), and Turkey ($37.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Garden Tools EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Belarus$72.8k (1%)
Iran$1.26k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Garden Tools BY Armenia WERE (2021 - 2022):
Russia-$42k (-37.9%)
Kazakhstan-$1.33k (-100%)
Georgia-$47 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Garden Tools were:
In 2022, Armenia's main importing competitors in Garden Tools were:

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Trade Value of Garden Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $14.6k
TOP IMPORT POTENTIALChina+ $166k

Garden Tools’s highest export potential is Russia. With an export gap of $14.6k.   Garden Tools’s highest import potential is China with an import gap of $166k.

See methodology.

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