2022
Exports
$2.01MWorld Rnk 86 / 215
Flag Rnk 184 / 945
2022
PRODUCT COMPLEXITY IN Textile Footwear
-0.49Rnk 696 / 1025
2022
Imports
$17.2MWorld Rnk 103 / 223
Flag Rnk 112 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $2.01M in Textile Footwear, making it the 86th largest exporter of Textile Footwear in the world. At the same year, Textile Footwear was the 184th most exported product in Armenia. The main destination of Textile Footwear exports from Armenia are: Russia ($1.86M), Italy ($62.4k), Belarus ($43.7k), Georgia ($17.4k), and Kazakhstan ($7.98k).

The fastest growing export markets for Textile Footwear of Armenia between 2021 and 2022 were Russia ($1.51M), Italy ($61.5k), and Georgia ($15.3k).

Imports In 2022, Armenia imported $17.2M in Textile Footwear, becoming the 103rd largest importer of Textile Footwear in the world. At the same year, Textile Footwear was the 112th most imported product in Armenia. Armenia imports Textile Footwear primarily from: China ($7.94M), Vietnam ($2.46M), Turkey ($1.44M), United Arab Emirates ($1.15M), and Italy ($662k).

The fastest growing import markets in Textile Footwear for Armenia between 2021 and 2022 were Vietnam ($1.6M), Turkey ($1.44M), and United Arab Emirates ($936k).

Latest Trends

Sep 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 Textile Footwear. 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)$2.01M
IMPORTS (2022)$17.2M
NET TRADE (2022)-$15.2M

In 2022, Armenia exported $2.01M in Textile Footwear. The main destinations of Armenia exports on Textile Footwear were Russia ($1.86M), Italy ($62.4k), Belarus ($43.7k), Georgia ($17.4k), and Kazakhstan ($7.98k).

In 2022, Armenia imported $17.2M in Textile Footwear, mainly from China ($7.94M), Vietnam ($2.46M), Turkey ($1.44M), United Arab Emirates ($1.15M), and Italy ($662k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Footwear EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$1.51M (432%)
Italy$61.5k (6.8k%)
Georgia$15.3k (716%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Footwear BY Armenia WERE (2021 - 2022):
Kazakhstan-$27.3k (-77.4%)
South Korea-$2.89k (-86.8%)
Canada-$1.32k (-91.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Textile Footwear were:
China $16.9B
Vietnam $13.2B
In 2022, Armenia's main importing competitors in Textile Footwear were:

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Trade Value of Textile Footwear by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALItaly+ $158k
TOP IMPORT POTENTIALChina+ $2.76M

Textile Footwear’s highest export potential is Italy. With an export gap of $158k.   Textile Footwear’s highest import potential is China with an import gap of $2.76M.

See methodology.

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