2022
Exports
$6.29kWorld Rnk 124 / 144
Flag Rnk 791 / 945
2022
PRODUCT COMPLEXITY IN Wood Fiberboard
-0.14Rnk 593 / 1025
2022
Imports
$18.2MWorld Rnk 88 / 218
Flag Rnk 106 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $6.29k in Wood Fiberboard, making it the 124th largest exporter of Wood Fiberboard in the world. At the same year, Wood Fiberboard was the 791st most exported product in Armenia. The main destination of Wood Fiberboard exports from Armenia are: Russia ($5.08k), United Arab Emirates ($1.19k), and Belarus ($21).

The fastest growing export markets for Wood Fiberboard of Armenia between 2021 and 2022 were United Arab Emirates ($1.19k) and Belarus ($21).

Imports In 2022, Armenia imported $18.2M in Wood Fiberboard, becoming the 88th largest importer of Wood Fiberboard in the world. At the same year, Wood Fiberboard was the 106th most imported product in Armenia. Armenia imports Wood Fiberboard primarily from: Russia ($6.99M), Belarus ($2.79M), Georgia ($2.25M), China ($1.72M), and Turkey ($1.32M).

The fastest growing import markets in Wood Fiberboard for Armenia between 2021 and 2022 were Belarus ($1.22M), Germany ($630k), and Georgia ($292k).

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 Wood Fiberboard. 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)$6.29k
IMPORTS (2022)$18.2M
NET TRADE (2022)-$18.2M

In 2022, Armenia exported $6.29k in Wood Fiberboard. The main destinations of Armenia exports on Wood Fiberboard were Russia ($5.08k), United Arab Emirates ($1.19k), and Belarus ($21).

In 2022, Armenia imported $18.2M in Wood Fiberboard, mainly from Russia ($6.99M), Belarus ($2.79M), Georgia ($2.25M), China ($1.72M), and Turkey ($1.32M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wood Fiberboard EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Belarus$21 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wood Fiberboard BY Armenia WERE (2021 - 2022):Russia-$54.1k (-91.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Wood Fiberboard were:
In 2022, Armenia's main importing competitors in Wood Fiberboard were:

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Trade Value of Wood Fiberboard by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $4.42k
TOP IMPORT POTENTIALChina+ $778k

Wood Fiberboard’s highest export potential is Russia. With an export gap of $4.42k.   Wood Fiberboard’s highest import potential is China with an import gap of $778k.

See methodology.

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