2022
Exports
$7.5MWorld Rnk 117 / 223
Flag Rnk 47 / 96
2022
PRODUCT COMPLEXITY IN Paper articles
1.49Rnk 55 / 1025
2022
Imports
$150MWorld Rnk 114 / 226
Flag Rnk 13 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $7.5M in Paper articles, making it the 117th largest exporter of Paper articles in the world. At the same year, Paper articles was the 47th most exported product in Armenia. The main destination of Paper articles exports from Armenia are: Russia ($5.18M), Belarus ($1.34M), Georgia ($437k), Iran ($337k), and Iraq ($62.2k).

The fastest growing export markets for Paper articles of Armenia between 2021 and 2022 were Russia ($4.82M), Belarus ($510k), and Georgia ($98.3k).

Imports In 2022, Armenia imported $150M in Paper articles, becoming the 114th largest importer of Paper articles in the world. At the same year, Paper articles was the 13th most imported product in Armenia. Armenia imports Paper articles primarily from: Russia ($45.1M), Finland ($16.8M), China ($16.2M), Poland ($7.03M), and Georgia ($6.58M).

The fastest growing import markets in Paper articles for Armenia between 2021 and 2022 were Russia ($15.1M), China ($6.93M), and Finland ($6.76M).

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 Paper articles. 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)$7.5M
IMPORTS (2022)$150M
NET TRADE (2022)-$142M

In 2022, Armenia exported $7.5M in Paper articles. The main destinations of Armenia exports on Paper articles were Russia ($5.18M), Belarus ($1.34M), Georgia ($437k), Iran ($337k), and Iraq ($62.2k).

In 2022, Armenia imported $150M in Paper articles, mainly from Russia ($45.1M), Finland ($16.8M), China ($16.2M), Poland ($7.03M), and Georgia ($6.58M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paper articles EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$4.82M (1.32k%)
Belarus$510k (61.7%)
Georgia$98.3k (29.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper articles BY Armenia WERE (2021 - 2022):
Poland-$901k (-100%)
Iran-$178k (-34.5%)
Kazakhstan-$24.5k (-94.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Paper articles were:
In 2022, Armenia's main importing competitors in Paper articles were:

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Trade Value of Paper articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $109k
TOP IMPORT POTENTIALChina+ $6.99M

Paper articles’s highest export potential is United States. With an export gap of $109k.   Paper articles’s highest import potential is China with an import gap of $6.99M.

See methodology.

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