2023
Exports
$3.62MWorld Rnk 85 / 218
Flag Rnk 152 / 973
2023
PRODUCT COMPLEXITY IN Seats
0.087Rnk 524 / 1025
2023
Imports
$30.8MWorld Rnk 96 / 225
Flag Rnk 74 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $3.62M in Seats, making it the 85th largest exporter of Seats in the world. At the same year, Seats was the 152nd most exported product in Armenia. The main destination of Seats exports from Armenia are: Russia ($3.36M), Kazakhstan ($68.2k), United States ($46.7k), Georgia ($46.7k), and Germany ($23.1k).

The fastest growing export markets for Seats of Armenia between 2022 and 2023 were Russia ($1.97M), Kazakhstan ($66.7k), and Germany ($23.1k).

Imports In 2018, Armenia imported $30.8M in Seats, becoming the 96th largest importer of Seats in the world. At the same year, Seats was the 74th most imported product in Armenia. Armenia imports Seats primarily from: China ($9.13M), Russia ($5.06M), Turkey ($3.55M), Italy ($3.28M), and Georgia ($1.75M).

The fastest growing import markets in Seats for Armenia between 2022 and 2023 were Italy ($1.45M), Russia ($1.35M), and China ($1.27M).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 Seats. 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)$3.62M
IMPORTS (2023)$30.8M
NET TRADE (2023)-$27.2M

In 2023, Armenia exported $3.62M in Seats. The main destinations of Armenia exports on Seats were Russia ($3.36M), Kazakhstan ($68.2k), United States ($46.7k), Georgia ($46.7k), and Germany ($23.1k).

In 2023, Armenia imported $30.8M in Seats, mainly from China ($9.13M), Russia ($5.06M), Turkey ($3.55M), Italy ($3.28M), and Georgia ($1.75M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Seats EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$1.97M (142%)
Kazakhstan$66.7k (4.22k%)
Germany$23.1k (67.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Seats BY Armenia WERE (2022 - 2023):
Georgia-$133k (-74.1%)
Saudi Arabia-$10.7k (-100%)
Canada-$7.56k (-89.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Armenia's main exporting competitors in Seats were:
China $26.9B
Mexico $9.17B
Poland $6.82B
In 2023, Armenia's main importing competitors in Seats were:

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Trade Value of Seats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $158k
TOP IMPORT POTENTIALChina+ $4.71M

Seats’s highest export potential is United States. With an export gap of $158k.   Seats’s highest import potential is China with an import gap of $4.71M.

See methodology.

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