2022
Exports
$491kWorld Rnk 83 / 193
Flag Rnk 336 / 945
2022
PRODUCT COMPLEXITY IN Knit Active Wear
-0.86Rnk 791 / 1025
2022
Imports
$4.07MWorld Rnk 76 / 212
Flag Rnk 317 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $491k in Knit Active Wear, making it the 83rd largest exporter of Knit Active Wear in the world. At the same year, Knit Active Wear was the 336th most exported product in Armenia. The main destination of Knit Active Wear exports from Armenia are: Russia ($413k), Switzerland ($28.2k), Germany ($23.6k), Belarus ($17.4k), and Kuwait ($5.72k).

The fastest growing export markets for Knit Active Wear of Armenia between 2021 and 2022 were Switzerland ($27.8k), Germany ($23.6k), and Belarus ($17.4k).

Imports In 2022, Armenia imported $4.07M in Knit Active Wear, becoming the 76th largest importer of Knit Active Wear in the world. At the same year, Knit Active Wear was the 317th most imported product in Armenia. Armenia imports Knit Active Wear primarily from: Turkey ($922k), China ($689k), Cambodia ($524k), India ($498k), and Russia ($234k).

The fastest growing import markets in Knit Active Wear for Armenia between 2021 and 2022 were Turkey ($896k), India ($493k), and Netherlands ($159k).

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 Knit Active Wear. 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)$491k
IMPORTS (2022)$4.07M
NET TRADE (2022)-$3.58M

In 2022, Armenia exported $491k in Knit Active Wear. The main destinations of Armenia exports on Knit Active Wear were Russia ($413k), Switzerland ($28.2k), Germany ($23.6k), Belarus ($17.4k), and Kuwait ($5.72k).

In 2022, Armenia imported $4.07M in Knit Active Wear, mainly from Turkey ($922k), China ($689k), Cambodia ($524k), India ($498k), and Russia ($234k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Active Wear EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Switzerland$27.8k (5.95k%)
Germany$23.6k (1%)
Belarus$17.4k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Active Wear BY Armenia WERE (2021 - 2022):
Russia-$610k (-59.6%)
Lithuania-$13k (-99.3%)
Georgia-$1.41k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Knit Active Wear were:
In 2022, Armenia's main importing competitors in Knit Active Wear were:

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Trade Value of Knit Active Wear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $53.4k
TOP IMPORT POTENTIALChina+ $463k

Knit Active Wear’s highest export potential is Germany. With an export gap of $53.4k.   Knit Active Wear’s highest import potential is China with an import gap of $463k.

See methodology.

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