2023
Exports
$1.48kWorld Rnk 115 / 134
Flag Rnk 885 / 973
2023
PRODUCT COMPLEXITY IN Raw Cotton
-2.55Rnk 1021 / 1025
2023
Imports
$278kWorld Rnk 92 / 179
Flag Rnk 793 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $1.48k in Raw Cotton, making it the 115th largest exporter of Raw Cotton in the world. At the same year, Raw Cotton was the 885th most exported product in Armenia. The main destination of Raw Cotton exports from Armenia are: Singapore ($1.48k).

The fastest growing export markets for Raw Cotton of Armenia between 2022 and 2023 were Singapore ($1.48k).

Imports In 2023, Armenia imported $278k in Raw Cotton, becoming the 92nd largest importer of Raw Cotton in the world. At the same year, Raw Cotton was the 793rd most imported product in Armenia. Armenia imports Raw Cotton primarily from: Turkmenistan ($189k), Georgia ($67.2k), Turkey ($20.6k), Indonesia ($602), and United Arab Emirates ($579).

The fastest growing import markets in Raw Cotton for Armenia between 2022 and 2023 were Georgia ($9.92k), Turkmenistan ($1.02k), and Indonesia ($602).

Latest Trends

Dec 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 Raw Cotton. 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)$1.48k
IMPORTS (2023)$278k
NET TRADE (2023)-$277k

In 2023, Armenia exported $1.48k in Raw Cotton. The main destinations of Armenia exports on Raw Cotton were Singapore ($1.48k).

In 2023, Armenia imported $278k in Raw Cotton, mainly from Turkmenistan ($189k), Georgia ($67.2k), Turkey ($20.6k), Indonesia ($602), and United Arab Emirates ($579).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Raw Cotton EXPORT MARKETS FOR Armenia WERE (2022 - 2023):Singapore$1.48k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Cotton BY Armenia WERE (2022 - 2023):Russia-$70 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Raw Cotton were:
In 2023, Armenia's main importing competitors in Raw Cotton were:

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Trade Value of Raw Cotton by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALTurkey+ $786
TOP IMPORT POTENTIALTurkey+ $249k

Raw Cotton’s highest export potential is Turkey. With an export gap of $786.   Raw Cotton’s highest import potential is Turkey with an import gap of $249k.

See methodology.

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