2022
Exports
$941kWorld Rnk 75 / 211
Flag Rnk 262 / 945
2022
PRODUCT COMPLEXITY IN Rubber Pipes
0.79Rnk 251 / 1025
2022
Imports
$4.99MWorld Rnk 104 / 224
Flag Rnk 278 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $941k in Rubber Pipes, making it the 75th largest exporter of Rubber Pipes in the world. At the same year, Rubber Pipes was the 262nd most exported product in Armenia. The main destination of Rubber Pipes exports from Armenia are: Russia ($818k), Belarus ($29.1k), Denmark ($25.3k), United Arab Emirates ($23.5k), and Georgia ($19.6k).

The fastest growing export markets for Rubber Pipes of Armenia between 2021 and 2022 were Russia ($502k), Belarus ($29.1k), and Denmark ($25.3k).

Imports In 2022, Armenia imported $4.99M in Rubber Pipes, becoming the 104th largest importer of Rubber Pipes in the world. At the same year, Rubber Pipes was the 278th most imported product in Armenia. Armenia imports Rubber Pipes primarily from: China ($1.02M), Poland ($679k), Russia ($616k), Turkey ($377k), and South Korea ($312k).

The fastest growing import markets in Rubber Pipes for Armenia between 2021 and 2022 were Poland ($645k), China ($412k), and Turkey ($376k).

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 Rubber Pipes. 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)$941k
IMPORTS (2022)$4.99M
NET TRADE (2022)-$4.05M

In 2022, Armenia exported $941k in Rubber Pipes. The main destinations of Armenia exports on Rubber Pipes were Russia ($818k), Belarus ($29.1k), Denmark ($25.3k), United Arab Emirates ($23.5k), and Georgia ($19.6k).

In 2022, Armenia imported $4.99M in Rubber Pipes, mainly from China ($1.02M), Poland ($679k), Russia ($616k), Turkey ($377k), and South Korea ($312k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Pipes EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$502k (159%)
Belarus$29.1k (1%)
Denmark$25.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Pipes BY Armenia WERE (2021 - 2022):
Georgia-$13.4k (-40.7%)
China-$6.11k (-100%)
Uzbekistan-$3.11k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Rubber Pipes were:
In 2022, Armenia's main importing competitors in Rubber Pipes were:

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Trade Value of Rubber Pipes by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $33.9k
TOP IMPORT POTENTIALChina+ $447k

Rubber Pipes’s highest export potential is Germany. With an export gap of $33.9k.   Rubber Pipes’s highest import potential is China with an import gap of $447k.

See methodology.

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