2022
Exports
$35.8kWorld Rnk 100 / 156
Flag Rnk 662 / 945
2022
PRODUCT COMPLEXITY IN Other Paints
0.4Rnk 409 / 1025
2022
Imports
$633kWorld Rnk 115 / 216
Flag Rnk 636 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $35.8k in Other Paints, making it the 100th largest exporter of Other Paints in the world. At the same year, Other Paints was the 662nd most exported product in Armenia. The main destination of Other Paints exports from Armenia are: Russia ($26.7k), Iran ($6.15k), and Belarus ($3k).

The fastest growing export markets for Other Paints of Armenia between 2021 and 2022 were Russia ($26.7k) and Belarus ($3k).

Imports In 2022, Armenia imported $633k in Other Paints, becoming the 115th largest importer of Other Paints in the world. At the same year, Other Paints was the 636th most imported product in Armenia. Armenia imports Other Paints primarily from: Iran ($375k), Russia ($55.1k), Turkey ($48.3k), Georgia ($39.3k), and United Arab Emirates ($34.2k).

The fastest growing import markets in Other Paints for Armenia between 2021 and 2022 were Iran ($147k), Turkey ($37.8k), and Georgia ($33.5k).

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 Other Paints. 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)$35.8k
IMPORTS (2022)$633k
NET TRADE (2022)-$597k

In 2022, Armenia exported $35.8k in Other Paints. The main destinations of Armenia exports on Other Paints were Russia ($26.7k), Iran ($6.15k), and Belarus ($3k).

In 2022, Armenia imported $633k in Other Paints, mainly from Iran ($375k), Russia ($55.1k), Turkey ($48.3k), Georgia ($39.3k), and United Arab Emirates ($34.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Paints EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$26.7k (1%)
Belarus$3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Paints BY Armenia WERE (2021 - 2022):
Iran-$1.57k (-20.3%)
Georgia-$1.17k (-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 Paints were:
In 2022, Armenia's main importing competitors in Other Paints were:
China $60.7M
Belgium $33.7M

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Trade Value of Other Paints by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $5.46k
TOP IMPORT POTENTIALGermany+ $26k

Other Paints’s highest export potential is Iran. With an export gap of $5.46k.   Other Paints’s highest import potential is Germany with an import gap of $26k.

See methodology.

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