2022
Exports
$878kWorld Rnk 72 / 187
Flag Rnk 269 / 945
2022
PRODUCT COMPLEXITY IN Ink
0.41Rnk 404 / 1025
2022
Imports
$5.98MWorld Rnk 102 / 222
Flag Rnk 241 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $878k in Ink, making it the 72nd largest exporter of Ink in the world. At the same year, Ink was the 269th most exported product in Armenia. The main destination of Ink exports from Armenia are: Russia ($659k), Belarus ($175k), Iran ($43.8k), and Lebanon ($596).

The fastest growing export markets for Ink of Armenia between 2021 and 2022 were Russia ($659k), Belarus ($175k), and Iran ($43.8k).

Imports In 2022, Armenia imported $5.98M in Ink, becoming the 102nd largest importer of Ink in the world. At the same year, Ink was the 241st most imported product in Armenia. Armenia imports Ink primarily from: Germany ($876k), Russia ($808k), Poland ($753k), Italy ($559k), and Georgia ($526k).

The fastest growing import markets in Ink for Armenia between 2021 and 2022 were Poland ($752k), Germany ($593k), and Georgia ($435k).

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 Ink. 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)$878k
IMPORTS (2022)$5.98M
NET TRADE (2022)-$5.1M

In 2022, Armenia exported $878k in Ink. The main destinations of Armenia exports on Ink were Russia ($659k), Belarus ($175k), Iran ($43.8k), and Lebanon ($596).

In 2022, Armenia imported $5.98M in Ink, mainly from Germany ($876k), Russia ($808k), Poland ($753k), Italy ($559k), and Georgia ($526k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ink EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$659k (1%)
Belarus$175k (1%)
Iran$43.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ink BY Armenia WERE (2021 - 2022):
Bahrain-$5.34k (-100%)
Georgia-$148 (-100%)
Germany-$1 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ink by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $48.5k
TOP IMPORT POTENTIALGermany+ $383k

Ink’s highest export potential is Iran. With an export gap of $48.5k.   Ink’s highest import potential is Germany with an import gap of $383k.

See methodology.

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