2022
Exports
$28.1kWorld Rnk 94 / 175
Flag Rnk 679 / 945
2022
PRODUCT COMPLEXITY IN Knotted Carpets
-1.05Rnk 848 / 1025
2022
Imports
$216kWorld Rnk 117 / 207
Flag Rnk 817 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $28.1k in Knotted Carpets, making it the 94th largest exporter of Knotted Carpets in the world. At the same year, Knotted Carpets was the 679th most exported product in Armenia. The main destination of Knotted Carpets exports from Armenia are: Australia ($11k), Canada ($5.23k), Switzerland ($3.9k), United Arab Emirates ($3.45k), and Lebanon ($2.68k).

The fastest growing export markets for Knotted Carpets of Armenia between 2021 and 2022 were Australia ($11k), Canada ($5.02k), and Switzerland ($3.9k).

Imports In 2022, Armenia imported $216k in Knotted Carpets, becoming the 117th largest importer of Knotted Carpets in the world. At the same year, Knotted Carpets was the 817th most imported product in Armenia. Armenia imports Knotted Carpets primarily from: India ($56.8k), United Arab Emirates ($47.8k), Georgia ($46.8k), Italy ($21.6k), and Lithuania ($17.3k).

The fastest growing import markets in Knotted Carpets for Armenia between 2021 and 2022 were India ($56.8k), United Arab Emirates ($47k), and Georgia ($46.8k).

Latest Trends

Oct 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 Knotted Carpets. 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)$28.1k
IMPORTS (2022)$216k
NET TRADE (2022)-$188k

In 2022, Armenia exported $28.1k in Knotted Carpets. The main destinations of Armenia exports on Knotted Carpets were Australia ($11k), Canada ($5.23k), Switzerland ($3.9k), United Arab Emirates ($3.45k), and Lebanon ($2.68k).

In 2022, Armenia imported $216k in Knotted Carpets, mainly from India ($56.8k), United Arab Emirates ($47.8k), Georgia ($46.8k), Italy ($21.6k), and Lithuania ($17.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knotted Carpets EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Australia$11k (1%)
Canada$5.02k (2.49k%)
Switzerland$3.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knotted Carpets BY Armenia WERE (2021 - 2022):
United States-$25.2k (-100%)
Czechia-$2.94k (-100%)
Portugal-$730 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Knotted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.89k
TOP IMPORT POTENTIALIndia+ $40.7k

Knotted Carpets’s highest export potential is United States. With an export gap of $3.89k.   Knotted Carpets’s highest import potential is India with an import gap of $40.7k.

See methodology.

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