2022
Exports
$185kWorld Rnk 114 / 209
Flag Rnk 462 / 945
2022
PRODUCT COMPLEXITY IN Used Clothing
-0.56Rnk 716 / 1025
2022
Imports
$3.08MWorld Rnk 117 / 216
Flag Rnk 360 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $185k in Used Clothing, making it the 114th largest exporter of Used Clothing in the world. At the same year, Used Clothing was the 462nd most exported product in Armenia. The main destination of Used Clothing exports from Armenia are: Russia ($159k), United Kingdom ($8.01k), Cyprus ($6.14k), United States ($3.08k), and Thailand ($3.05k).

The fastest growing export markets for Used Clothing of Armenia between 2021 and 2022 were Russia ($155k), Cyprus ($5.96k), and United Kingdom ($5.12k).

Imports In 2022, Armenia imported $3.08M in Used Clothing, becoming the 117th largest importer of Used Clothing in the world. At the same year, Used Clothing was the 360th most imported product in Armenia. Armenia imports Used Clothing primarily from: France ($1.01M), Russia ($679k), Lithuania ($306k), Hungary ($223k), and United States ($160k).

The fastest growing import markets in Used Clothing for Armenia between 2021 and 2022 were France ($808k), Russia ($519k), and Lithuania ($306k).

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 Used Clothing. 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)$185k
IMPORTS (2022)$3.08M
NET TRADE (2022)-$2.9M

In 2022, Armenia exported $185k in Used Clothing. The main destinations of Armenia exports on Used Clothing were Russia ($159k), United Kingdom ($8.01k), Cyprus ($6.14k), United States ($3.08k), and Thailand ($3.05k).

In 2022, Armenia imported $3.08M in Used Clothing, mainly from France ($1.01M), Russia ($679k), Lithuania ($306k), Hungary ($223k), and United States ($160k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Used Clothing EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$155k (4.6k%)
Cyprus$5.96k (3.22k%)
United Kingdom$5.12k (177%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Used Clothing BY Armenia WERE (2021 - 2022):
United States-$13.6k (-81.6%)
Poland-$3.49k (-100%)
South Korea-$1.33k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Used Clothing were:
In 2022, Armenia's main importing competitors in Used Clothing were:

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Trade Value of Used Clothing by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Kingdom+ $12k
TOP IMPORT POTENTIALChina+ $150k

Used Clothing’s highest export potential is United Kingdom. With an export gap of $12k.   Used Clothing’s highest import potential is China with an import gap of $150k.

See methodology.

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