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2022
Exports $655World Rnk 149 / 182
Flag Rnk 876 / 945
2022
Destination $602 Belarus
2021 - 2022
FASTEST GROWING MARKET $602Belarus
2022
PRODUCT COMPLEXITY IN Letter Stock0.28Rnk 459 / 1025
2022
Imports $384kWorld Rnk 125 / 221
Flag Rnk 729 / 1142
2022
Origin $98.8k United Arab Emirates
2021 - 2022
FASTEST GROWING ORIGIN $98.8kTurkey
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $655 in Letter Stock, making it the 149th largest exporter of Letter Stock in the world. At the same year, Letter Stock was the 876th most exported product in Armenia. The main destination of Letter Stock exports from Armenia are: Belarus ($602), Russia ($52), and United Arab Emirates ($1).

The fastest growing export markets for Letter Stock of Armenia between 2021 and 2022 were Belarus ($602) and United Arab Emirates ($1).

Imports In 2022, Armenia imported $384k in Letter Stock, becoming the 125th largest importer of Letter Stock in the world. At the same year, Letter Stock was the 729th most imported product in Armenia. Armenia imports Letter Stock primarily from: United Arab Emirates ($179k), Turkey ($98.8k), Russia ($31.8k), Georgia ($28.5k), and United Kingdom ($12k).

The fastest growing import markets in Letter Stock for Armenia between 2021 and 2022 were Turkey ($98.8k), Georgia ($28.5k), and Russia ($8.85k).

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 Letter Stock. 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)$655
IMPORTS (2022)$384k
NET TRADE (2022)-$384k

In 2022, Armenia exported $655 in Letter Stock. The main destinations of Armenia exports on Letter Stock were Belarus ($602), Russia ($52), and United Arab Emirates ($1).

In 2022, Armenia imported $384k in Letter Stock, mainly from United Arab Emirates ($179k), Turkey ($98.8k), Russia ($31.8k), Georgia ($28.5k), and United Kingdom ($12k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Letter Stock EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Belarus$602 (1%)
United Arab Emirates$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Letter Stock BY Armenia WERE (2021 - 2022):
Russia-$31.3k (-99.8%)
France-$62 (-100%)
Georgia-$13 (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Letter Stock were:
China $308M
Poland $126M
Mexico $86M
In 2022, Armenia's main importing competitors in Letter Stock were:
United States $230M
Germany $139M
Japan $77.7M

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Trade Value of Letter Stock by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $507
TOP IMPORT POTENTIALChina+ $19.7k

Letter Stock’s highest export potential is United States. With an export gap of $507.   Letter Stock’s highest import potential is China with an import gap of $19.7k.

See methodology.

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