2022
Exports
$8.49kWorld Rnk 138 / 187
Flag Rnk 95 / 96
2022
PRODUCT COMPLEXITY IN Straw & esparto manufactures
-1.47Rnk 944 / 1025
2022
Imports
$283kWorld Rnk 138 / 219
Flag Rnk 93 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $8.49k in Straw & esparto manufactures, making it the 138th largest exporter of Straw & esparto manufactures in the world. At the same year, Straw & esparto manufactures was the 95th most exported product in Armenia. The main destination of Straw & esparto manufactures exports from Armenia are: Belarus ($7.45k), Italy ($410), Russia ($345), France ($268), and Georgia ($17).

The fastest growing export markets for Straw & esparto manufactures of Armenia between 2021 and 2022 were Belarus ($7.45k), Italy ($410), and Russia ($345).

Imports In 2022, Armenia imported $283k in Straw & esparto manufactures, becoming the 138th largest importer of Straw & esparto manufactures in the world. At the same year, Straw & esparto manufactures was the 93rd most imported product in Armenia. Armenia imports Straw & esparto manufactures primarily from: China ($116k), United Arab Emirates ($32.2k), Poland ($22.4k), Russia ($19.8k), and Vietnam ($19.1k).

The fastest growing import markets in Straw & esparto manufactures for Armenia between 2021 and 2022 were China ($31.1k), United Arab Emirates ($30.5k), and Turkey ($16.5k).

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 Straw & esparto manufactures. 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)$8.49k
IMPORTS (2022)$283k
NET TRADE (2022)-$274k

In 2022, Armenia exported $8.49k in Straw & esparto manufactures. The main destinations of Armenia exports on Straw & esparto manufactures were Belarus ($7.45k), Italy ($410), Russia ($345), France ($268), and Georgia ($17).

In 2022, Armenia imported $283k in Straw & esparto manufactures, mainly from China ($116k), United Arab Emirates ($32.2k), Poland ($22.4k), Russia ($19.8k), and Vietnam ($19.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Straw & esparto manufactures EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Belarus$7.45k (1%)
Italy$410 (1%)
Russia$345 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Straw & esparto manufactures BY Armenia WERE (2021 - 2022):
Seychelles-$380 (-100%)
Canada-$58 (-100%)
Georgia-$26 (-60.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Straw & esparto manufactures were:
China $1.67B
India $200M
In 2022, Armenia's main importing competitors in Straw & esparto manufactures were:

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Trade Value of Straw & esparto manufactures by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $1.68k
TOP IMPORT POTENTIALChina+ $88.2k

Straw & esparto manufactures’s highest export potential is Italy. With an export gap of $1.68k.   Straw & esparto manufactures’s highest import potential is China with an import gap of $88.2k.

See methodology.

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