2022
Exports | Imports
$4.9M | $35.7MWorld Rnk 93 / 223
Flag Rnk 103 / 945
World Rnk 119 / 225
Flag Rnk 38 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
-0.24Rnk 74 / 124
2022
PRODUCT COMPLEXITY IN Other Furniture
0.42Rnk 407 / 1025

About

Exports In 2022, Armenia exported $4.9M in Other Furniture, making it the 93rd largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 103rd most exported product in Armenia. The main destination of Other Furniture exports from Armenia are: Russia ($3.84M), Georgia ($283k), United Arab Emirates ($181k), United States ($136k), and Canada ($133k).

The fastest growing export markets for Other Furniture of Armenia between 2021 and 2022 were Russia ($1.86M), United Arab Emirates ($147k), and Georgia ($145k).

Imports In 2022, Armenia imported $35.7M in Other Furniture, becoming the 119th largest importer of Other Furniture in the world. At the same year, Other Furniture was the 38th most imported product in Armenia. Armenia imports Other Furniture primarily from: Russia ($8.93M), China ($5.51M), Turkey ($3.95M), Italy ($3.27M), and Belarus ($2.79M).

The fastest growing import markets in Other Furniture for Armenia between 2021 and 2022 were Turkey ($3.86M), Georgia ($1.53M), and Russia ($1.4M).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Other Furniture from Armenia to the United States.

Latest Trends

Feb 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 Furniture. 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)$4.9M
IMPORTS (2022)$35.7M
NET TRADE (2022)-$30.8M

In 2022, Armenia exported $4.9M in Other Furniture. The main destinations of Armenia exports on Other Furniture were Russia ($3.84M), Georgia ($283k), United Arab Emirates ($181k), United States ($136k), and Canada ($133k).

In 2022, Armenia imported $35.7M in Other Furniture, mainly from Russia ($8.93M), China ($5.51M), Turkey ($3.95M), Italy ($3.27M), and Belarus ($2.79M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$1.86M (94.1%)
Georgia$145k (104%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Armenia WERE (2021 - 2022):
Ukraine-$84.5k (-97.1%)
Iran-$77.4k (-100%)
Sweden-$51.9k (-86.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Armenia's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

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