2018
Exports
$88World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2018
Imports
$26.1kWorld Rnk 123 / 175
Flag Rnk 995 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $26.1k in Processed Synthetic Staple Fibers, becoming the 123rd largest importer of Processed Synthetic Staple Fibers in the world. At the same year, Processed Synthetic Staple Fibers was the 995th most imported product in Armenia. Armenia imports Processed Synthetic Staple Fibers primarily from: Turkey ($17.1k), Russia ($7.14k), Estonia ($1.23k), and Latvia ($632).

The fastest growing import markets in Processed Synthetic Staple Fibers for Armenia between 2021 and 2022 were Turkey ($15.5k) and Russia ($690).

Historical Data

Trade Balance

Color
EXPORTS (2018)$88
IMPORTS (2022)$26.1k
NET TRADE (2022)-$26.1k

In 2022, Armenia imported $26.1k in Processed Synthetic Staple Fibers, mainly from Turkey ($17.1k), Russia ($7.14k), Estonia ($1.23k), and Latvia ($632).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Processed Synthetic Staple Fibers were:
Senegal $36.9M
China $36.5M
Japan $36.5M
In 2022, Armenia's main importing competitors in Processed Synthetic Staple Fibers were:

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Trade Value of Processed Synthetic Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $302
TOP IMPORT POTENTIALTurkey+ $3.88k

Processed Synthetic Staple Fibers’s highest export potential is Turkey. With an export gap of $302.   Processed Synthetic Staple Fibers’s highest import potential is Turkey with an import gap of $3.88k.

See methodology.

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