2022
Exports
$1.94kWorld Rnk 140 / 164
Flag Rnk 96 / 96
falsefalse Russia
2022
PRODUCT COMPLEXITY IN Vegetable textile fibers, paper yarn & fabrics
0.57Rnk 334 / 1025
2022
Imports
$1.11MWorld Rnk 111 / 208
Flag Rnk 87 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.94k in Vegetable textile fibers, paper yarn & fabrics, making it the 140th largest exporter of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 96th most exported product in Armenia. The main destination of Vegetable textile fibers, paper yarn & fabrics exports from Armenia are: Russia ($1.93k) and Netherlands ($12).

Imports In 2022, Armenia imported $1.11M in Vegetable textile fibers, paper yarn & fabrics, becoming the 111th largest importer of Vegetable textile fibers, paper yarn & fabrics in the world. At the same year, Vegetable textile fibers, paper yarn & fabrics was the 87th most imported product in Armenia. Armenia imports Vegetable textile fibers, paper yarn & fabrics primarily from: Sri Lanka ($461k), India ($235k), Turkey ($121k), Bangladesh ($58.3k), and Georgia ($43.4k).

The fastest growing import markets in Vegetable textile fibers, paper yarn & fabrics for Armenia between 2021 and 2022 were Turkey ($114k), Bangladesh ($58.3k), and Georgia ($42k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Vegetable textile fibers, paper yarn & fabrics. 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)$1.94k
IMPORTS (2022)$1.11M
NET TRADE (2022)-$1.11M

In 2022, Armenia exported $1.94k in Vegetable textile fibers, paper yarn & fabrics. The main destinations of Armenia exports on Vegetable textile fibers, paper yarn & fabrics were Russia ($1.93k) and Netherlands ($12).

In 2022, Armenia imported $1.11M in Vegetable textile fibers, paper yarn & fabrics, mainly from Sri Lanka ($461k), India ($235k), Turkey ($121k), Bangladesh ($58.3k), and Georgia ($43.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable textile fibers, paper yarn & fabrics BY Armenia WERE (2021 - 2022):
Russia-$20.7k (-91.5%)
Netherlands-$4 (-25%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Vegetable textile fibers, paper yarn & fabrics were:
In 2022, Armenia's main importing competitors in Vegetable textile fibers, paper yarn & fabrics were:

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Trade Value of Vegetable textile fibers, paper yarn & fabrics by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.34k
TOP IMPORT POTENTIALIndia+ $65.5k

Vegetable textile fibers, paper yarn & fabrics’s highest export potential is China. With an export gap of $2.34k.   Vegetable textile fibers, paper yarn & fabrics’s highest import potential is India with an import gap of $65.5k.

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