2022
Exports
$923kWorld Rnk 78 / 213
Flag Rnk 267 / 945
2022
PRODUCT COMPLEXITY IN Other Footwear
-0.74Rnk 766 / 1025
2022
Imports
$2.5MWorld Rnk 120 / 220
Flag Rnk 402 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $923k in Other Footwear, making it the 78th largest exporter of Other Footwear in the world. At the same year, Other Footwear was the 267th most exported product in Armenia. The main destination of Other Footwear exports from Armenia are: Italy ($748k), United States ($59.2k), Spain ($57.7k), Greece ($39.5k), and Russia ($11.5k).

The fastest growing export markets for Other Footwear of Armenia between 2021 and 2022 were Italy ($727k), United States ($58.8k), and Spain ($57.7k).

Imports In 2022, Armenia imported $2.5M in Other Footwear, becoming the 120th largest importer of Other Footwear in the world. At the same year, Other Footwear was the 402nd most imported product in Armenia. Armenia imports Other Footwear primarily from: United Arab Emirates ($889k), Russia ($559k), Germany ($316k), Italy ($202k), and China ($197k).

The fastest growing import markets in Other Footwear for Armenia between 2021 and 2022 were Russia ($400k), Germany ($243k), and Italy ($126k).

Latest Trends

Sep 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 Other Footwear. 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)$923k
IMPORTS (2022)$2.5M
NET TRADE (2022)-$1.58M

In 2022, Armenia exported $923k in Other Footwear. The main destinations of Armenia exports on Other Footwear were Italy ($748k), United States ($59.2k), Spain ($57.7k), Greece ($39.5k), and Russia ($11.5k).

In 2022, Armenia imported $2.5M in Other Footwear, mainly from United Arab Emirates ($889k), Russia ($559k), Germany ($316k), Italy ($202k), and China ($197k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Footwear EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Italy$727k (3.5k%)
United States$58.8k (14.7k%)
Spain$57.7k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Footwear BY Armenia WERE (2021 - 2022):
Russia-$3.75k (-24.7%)
Belarus-$724 (-13.6%)
Lithuania-$645 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Footwear were:
China $1.58B
Italy $318M
In 2022, Armenia's main importing competitors in Other Footwear were:

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Trade Value of Other Footwear by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $109k
TOP IMPORT POTENTIALChina+ $237k

Other Footwear’s highest export potential is United States. With an export gap of $109k.   Other Footwear’s highest import potential is China with an import gap of $237k.

See methodology.

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