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2022
Exports $151kWorld Rnk 55 / 130
Flag Rnk 493 / 945
2022
Destination $140k Russia
2022
PRODUCT COMPLEXITY IN Conveyor Belt Textiles1.03Rnk 160 / 1025
2022
Imports $309kWorld Rnk 100 / 200
Flag Rnk 767 / 1142
2022
Origin $80.6k Germany
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $151k in Conveyor Belt Textiles, making it the 55th largest exporter of Conveyor Belt Textiles in the world. At the same year, Conveyor Belt Textiles was the 493rd most exported product in Armenia. The main destination of Conveyor Belt Textiles exports from Armenia are: Russia ($140k) and Georgia ($10.7k).

The fastest growing export markets for Conveyor Belt Textiles of Armenia between N/A and 2022 were Russia ($140k) and Georgia ($10.7k).

Imports In 2022, Armenia imported $309k in Conveyor Belt Textiles, becoming the 100th largest importer of Conveyor Belt Textiles in the world. At the same year, Conveyor Belt Textiles was the 767th most imported product in Armenia. Armenia imports Conveyor Belt Textiles primarily from: Germany ($199k), Spain ($35k), Bulgaria ($19.6k), Iran ($18.7k), and Russia ($11.4k).

The fastest growing import markets in Conveyor Belt Textiles for Armenia between 2021 and 2022 were Germany ($80.6k), Spain ($35k), and Bulgaria ($19.6k).

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 Conveyor Belt Textiles. 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)$151k
IMPORTS (2022)$309k
NET TRADE (2022)-$158k

In 2022, Armenia exported $151k in Conveyor Belt Textiles. The main destinations of Armenia exports on Conveyor Belt Textiles were Russia ($140k) and Georgia ($10.7k).

In 2022, Armenia imported $309k in Conveyor Belt Textiles, mainly from Germany ($199k), Spain ($35k), Bulgaria ($19.6k), Iran ($18.7k), and Russia ($11.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Conveyor Belt Textiles EXPORT MARKETS FOR Armenia WERE (N/A - 2022):
Russia$140k (1%)
Georgia$10.7k (1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Conveyor Belt Textiles were:
Germany $133M
China $128M
Netherlands $76.7M
In 2022, Armenia's main importing competitors in Conveyor Belt Textiles were:
United States $83.3M
Germany $46.3M
Netherlands $35.3M

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Trade Value of Conveyor Belt Textiles by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $1.02k
TOP IMPORT POTENTIALChina+ $20k

Conveyor Belt Textiles’s highest export potential is United States. With an export gap of $1.02k.   Conveyor Belt Textiles’s highest import potential is China with an import gap of $20k.

See methodology.

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