2022
Exports
$200kWorld Rnk 112 / 198
Flag Rnk 450 / 945
2022
PRODUCT COMPLEXITY IN Paper Labels
-0.031Rnk 557 / 1025
2022
Imports
$7.94MWorld Rnk 89 / 224
Flag Rnk 199 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $200k in Paper Labels, making it the 112th largest exporter of Paper Labels in the world. At the same year, Paper Labels was the 450th most exported product in Armenia. The main destination of Paper Labels exports from Armenia are: Russia ($118k), Georgia ($46.3k), Canada ($19.9k), Italy ($6.25k), and France ($3.66k).

The fastest growing export markets for Paper Labels of Armenia between 2021 and 2022 were Russia ($86k), Georgia ($38.5k), and Canada ($14.7k).

Imports In 2022, Armenia imported $7.94M in Paper Labels, becoming the 89th largest importer of Paper Labels in the world. At the same year, Paper Labels was the 199th most imported product in Armenia. Armenia imports Paper Labels primarily from: Russia ($4.88M), Ukraine ($1.51M), Italy ($655k), China ($285k), and Germany ($102k).

The fastest growing import markets in Paper Labels for Armenia between 2021 and 2022 were Russia ($2.13M), China ($138k), and Georgia ($40.8k).

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 Labels. 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)$200k
IMPORTS (2022)$7.94M
NET TRADE (2022)-$7.74M

In 2022, Armenia exported $200k in Paper Labels. The main destinations of Armenia exports on Paper Labels were Russia ($118k), Georgia ($46.3k), Canada ($19.9k), Italy ($6.25k), and France ($3.66k).

In 2022, Armenia imported $7.94M in Paper Labels, mainly from Russia ($4.88M), Ukraine ($1.51M), Italy ($655k), China ($285k), and Germany ($102k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Paper Labels EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$86k (268%)
Georgia$38.5k (491%)
Canada$14.7k (286%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Paper Labels BY Armenia WERE (2021 - 2022):
Colombia-$4.76k (-100%)
United Kingdom-$2.43k (-100%)
China-$2.01k (-88.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Paper Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $26.9k
TOP IMPORT POTENTIALChina+ $334k

Paper Labels’s highest export potential is Russia. With an export gap of $26.9k.   Paper Labels’s highest import potential is China with an import gap of $334k.

See methodology.

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