2022
Exports
$106kWorld Rnk 88 / 165
Flag Rnk 543 / 945
2022
PRODUCT COMPLEXITY IN Polishes and Creams
0.11Rnk 520 / 1025
2022
Imports
$1.85MWorld Rnk 111 / 221
Flag Rnk 452 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $106k in Polishes and Creams, making it the 88th largest exporter of Polishes and Creams in the world. At the same year, Polishes and Creams was the 543rd most exported product in Armenia. The main destination of Polishes and Creams exports from Armenia are: Russia ($79.8k), Georgia ($14.4k), and Belarus ($11.8k).

The fastest growing export markets for Polishes and Creams of Armenia between 2021 and 2022 were Russia ($79.5k), Belarus ($11.6k), and Georgia ($568).

Imports In 2022, Armenia imported $1.85M in Polishes and Creams, becoming the 111th largest importer of Polishes and Creams in the world. At the same year, Polishes and Creams was the 452nd most imported product in Armenia. Armenia imports Polishes and Creams primarily from: Russia ($412k), Turkey ($343k), Georgia ($325k), Germany ($257k), and South Africa ($139k).

The fastest growing import markets in Polishes and Creams for Armenia between 2021 and 2022 were Turkey ($343k), Georgia ($280k), and South Africa ($138k).

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 Polishes and Creams. 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)$106k
IMPORTS (2022)$1.85M
NET TRADE (2022)-$1.75M

In 2022, Armenia exported $106k in Polishes and Creams. The main destinations of Armenia exports on Polishes and Creams were Russia ($79.8k), Georgia ($14.4k), and Belarus ($11.8k).

In 2022, Armenia imported $1.85M in Polishes and Creams, mainly from Russia ($412k), Turkey ($343k), Georgia ($325k), Germany ($257k), and South Africa ($139k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Polishes and Creams EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$79.5k (24.7k%)
Belarus$11.6k (9.3k%)
Georgia$568 (4.11%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Polishes and Creams BY Armenia WERE (2021 - 2022):
Sweden-$61.2k (-100%)
Iran-$2.46k (-100%)
Germany-$101 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Polishes and Creams were:
In 2022, Armenia's main importing competitors in Polishes and Creams were:

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Trade Value of Polishes and Creams by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $6.55k
TOP IMPORT POTENTIALGermany+ $56k

Polishes and Creams’s highest export potential is Russia. With an export gap of $6.55k.   Polishes and Creams’s highest import potential is Germany with an import gap of $56k.

See methodology.

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