2023
Exports
$33.8MWorld Rnk 12 / 122
Flag Rnk 25 / 973
2023
PRODUCT COMPLEXITY IN Synthetic Reconstructed Jewellery Stones
-0.4Rnk 665 / 1025
2023
Imports
$36.9MWorld Rnk 16 / 153
Flag Rnk 59 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $33.8M in Synthetic Reconstructed Jewellery Stones, making it the 12th largest exporter of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 25th most exported product in Armenia. The main destination of Synthetic Reconstructed Jewellery Stones exports from Armenia are: Russia ($30.7M), Switzerland ($1.36M), Germany ($497k), Spain ($403k), and France ($282k).

The fastest growing export markets for Synthetic Reconstructed Jewellery Stones of Armenia between 2022 and 2023 were Russia ($22.8M), Switzerland ($1.08M), and Spain ($375k).

Imports In 2023, Armenia imported $36.9M in Synthetic Reconstructed Jewellery Stones, becoming the 16th largest importer of Synthetic Reconstructed Jewellery Stones in the world. At the same year, Synthetic Reconstructed Jewellery Stones was the 59th most imported product in Armenia. Armenia imports Synthetic Reconstructed Jewellery Stones primarily from: India ($27.5M), Russia ($5.91M), China ($1.54M), United States ($1.06M), and Hong Kong ($422k).

The fastest growing import markets in Synthetic Reconstructed Jewellery Stones for Armenia between 2022 and 2023 were India ($22.5M), Russia ($4.88M), and United States ($960k).

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 Synthetic Reconstructed Jewellery Stones. 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)$33.8M
IMPORTS (2023)$36.9M
NET TRADE (2023)-$3.18M

In 2023, Armenia exported $33.8M in Synthetic Reconstructed Jewellery Stones. The main destinations of Armenia exports on Synthetic Reconstructed Jewellery Stones were Russia ($30.7M), Switzerland ($1.36M), Germany ($497k), Spain ($403k), and France ($282k).

In 2023, Armenia imported $36.9M in Synthetic Reconstructed Jewellery Stones, mainly from India ($27.5M), Russia ($5.91M), China ($1.54M), United States ($1.06M), and Hong Kong ($422k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Synthetic Reconstructed Jewellery Stones EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$22.8M (288%)
Switzerland$1.08M (398%)
Spain$375k (1.37k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Synthetic Reconstructed Jewellery Stones BY Armenia WERE (2022 - 2023):
Hong Kong-$50.1k (-98%)
Thailand-$25.2k (-100%)
United States-$22.7k (-9.75%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Synthetic Reconstructed Jewellery Stones were:
In 2023, Armenia's main importing competitors in Synthetic Reconstructed Jewellery Stones were:

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Trade Value of Synthetic Reconstructed Jewellery Stones by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $459k
TOP IMPORT POTENTIALIndia+ $715k

Synthetic Reconstructed Jewellery Stones’s highest export potential is United States. With an export gap of $459k.   Synthetic Reconstructed Jewellery Stones’s highest import potential is India with an import gap of $715k.

See methodology.

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