2023
Exports
$288kWorld Rnk 104 / 158
Flag Rnk 421 / 973
falsefalse Russia
2023
PRODUCT COMPLEXITY IN Propylene Polymers
0.19Rnk 496 / 1025
2023
Imports
$9MWorld Rnk 117 / 205
Flag Rnk 216 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $288k in Propylene Polymers, making it the 104th largest exporter of Propylene Polymers in the world. At the same year, Propylene Polymers was the 421st most exported product in Armenia. The main destination of Propylene Polymers exports from Armenia are: Russia ($280k) and Curaçao ($8.7k).

Imports In 2023, Armenia imported $9M in Propylene Polymers, becoming the 117th largest importer of Propylene Polymers in the world. At the same year, Propylene Polymers was the 216th most imported product in Armenia. Armenia imports Propylene Polymers primarily from: Russia ($3.16M), Saudi Arabia ($2.49M), South Korea ($1.75M), Iran ($526k), and Belgium ($280k).

The fastest growing import markets in Propylene Polymers for Armenia between 2022 and 2023 were Saudi Arabia ($1.26M), Vietnam ($129k), and United States ($71.2k).

Latest Trends

Jan 2025

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 Propylene Polymers. 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 (2023)$288k
IMPORTS (2023)$9M
NET TRADE (2023)-$8.72M

In 2023, Armenia exported $288k in Propylene Polymers. The main destinations of Armenia exports on Propylene Polymers were Russia ($280k) and Curaçao ($8.7k).

In 2023, Armenia imported $9M in Propylene Polymers, mainly from Russia ($3.16M), Saudi Arabia ($2.49M), South Korea ($1.75M), Iran ($526k), and Belgium ($280k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Propylene Polymers BY Armenia WERE (2022 - 2023):
Russia-$333k (-54.3%)
Curaçao-$16.6k (-65.6%)
Georgia-$371 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Propylene Polymers were:
In 2023, Armenia's main importing competitors in Propylene Polymers were:
China $4.99B
Turkey $2.88B

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Trade Value of Propylene Polymers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $70.1k
TOP IMPORT POTENTIALSaudi Arabia+ $929k

Propylene Polymers’s highest export potential is Russia. With an export gap of $70.1k.   Propylene Polymers’s highest import potential is Saudi Arabia with an import gap of $929k.

See methodology.

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