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Exports In 2022, Armenia exported $6.05k in Hard Rubber, making it the 84th largest exporter of Hard Rubber in the world. At the same year, Hard Rubber was the 795th most exported product in Armenia. The main destination of Hard Rubber exports from Armenia are: Russia ($6.05k).

The fastest growing export markets for Hard Rubber of Armenia between 2021 and 2022 were Russia ($5.94k).

Imports In 2022, Armenia imported $61.1k in Hard Rubber, becoming the 130th largest importer of Hard Rubber in the world. At the same year, Hard Rubber was the 947th most imported product in Armenia. Armenia imports Hard Rubber primarily from: United Arab Emirates ($31.3k), Russia ($19.1k), United States ($3.35k), Bulgaria ($2.37k), and China ($1.98k).

The fastest growing import markets in Hard Rubber for Armenia between 2021 and 2022 were United Arab Emirates ($24.3k), Russia ($17.5k), and United States ($3.35k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Hard Rubber. 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)$6.05k
IMPORTS (2022)$61.1k
NET TRADE (2022)-$55.1k

In 2022, Armenia exported $6.05k in Hard Rubber. The main destinations of Armenia exports on Hard Rubber were Russia ($6.05k).

In 2022, Armenia imported $61.1k in Hard Rubber, mainly from United Arab Emirates ($31.3k), Russia ($19.1k), United States ($3.35k), Bulgaria ($2.37k), and China ($1.98k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Rubber EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$5.94k (5.25k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Rubber BY Armenia WERE (2021 - 2022):Georgia-$70 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Hard Rubber were:
In 2022, Armenia's main importing competitors in Hard Rubber were:

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Trade Value of Hard Rubber by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $545
TOP IMPORT POTENTIALChina+ $3.72k

Hard Rubber’s highest export potential is United States. With an export gap of $545.   Hard Rubber’s highest import potential is China with an import gap of $3.72k.

See methodology.

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