2023
Exports
$22.2MWorld Rnk 80 / 222
Flag Rnk 27 / 94
2023
PRODUCT COMPLEXITY IN Glass & glassware
1.23Rnk 99 / 1025
2023
Imports
$76.8MWorld Rnk 90 / 226
Flag Rnk 28 / 96
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $22.2M in Glass & glassware, making it the 80th largest exporter of Glass & glassware in the world. At the same year, Glass & glassware was the 27th most exported product in Armenia. The main destination of Glass & glassware exports from Armenia are: Georgia ($17.4M), Russia ($3M), Spain ($344k), Kazakhstan ($324k), and Belarus ($250k).

The fastest growing export markets for Glass & glassware of Armenia between 2022 and 2023 were Georgia ($2.22M), Russia ($861k), and Spain ($343k).

Imports In 2023, Armenia imported $76.8M in Glass & glassware, becoming the 90th largest importer of Glass & glassware in the world. At the same year, Glass & glassware was the 28th most imported product in Armenia. Armenia imports Glass & glassware primarily from: Russia ($37.2M), Iran ($8.19M), China ($7.32M), France ($5.51M), and Curaçao ($3.44M).

The fastest growing import markets in Glass & glassware for Armenia between 2022 and 2023 were China ($1.6M), Lithuania ($1.49M), and Curaçao ($942k).

Latest Trends

Dec 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 Glass & glassware. 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)$22.2M
IMPORTS (2023)$76.8M
NET TRADE (2023)-$54.6M

In 2023, Armenia exported $22.2M in Glass & glassware. The main destinations of Armenia exports on Glass & glassware were Georgia ($17.4M), Russia ($3M), Spain ($344k), Kazakhstan ($324k), and Belarus ($250k).

In 2023, Armenia imported $76.8M in Glass & glassware, mainly from Russia ($37.2M), Iran ($8.19M), China ($7.32M), France ($5.51M), and Curaçao ($3.44M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Glass & glassware EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Georgia$2.22M (14.6%)
Russia$861k (40.2%)
Spain$343k (142k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Glass & glassware BY Armenia WERE (2022 - 2023):
Iran-$1.2M (-86.7%)
Belarus-$694k (-73.5%)
Moldova-$225k (-84.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Glass & glassware were:
In 2023, Armenia's main importing competitors in Glass & glassware were:

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Trade Value of Glass & glassware by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $306k
TOP IMPORT POTENTIALChina+ $2.92M

Glass & glassware’s highest export potential is Iran. With an export gap of $306k.   Glass & glassware’s highest import potential is China with an import gap of $2.92M.

See methodology.

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