2022
Exports
$2.1MWorld Rnk 85 / 213
Flag Rnk 180 / 945
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Shirts
-1.22Rnk 883 / 1025
2022
Imports
$5.45MWorld Rnk 98 / 219
Flag Rnk 260 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $2.1M in Non-Knit Men's Shirts, making it the 85th largest exporter of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 180th most exported product in Armenia. The main destination of Non-Knit Men's Shirts exports from Armenia are: Russia ($1.68M), Germany ($379k), South Korea ($13k), Netherlands ($12.2k), and Italy ($3.1k).

The fastest growing export markets for Non-Knit Men's Shirts of Armenia between 2021 and 2022 were Russia ($8.97k), Netherlands ($8.91k), and Italy ($3.1k).

Imports In 2022, Armenia imported $5.45M in Non-Knit Men's Shirts, becoming the 98th largest importer of Non-Knit Men's Shirts in the world. At the same year, Non-Knit Men's Shirts was the 260th most imported product in Armenia. Armenia imports Non-Knit Men's Shirts primarily from: Bangladesh ($769k), Germany ($677k), China ($564k), Vietnam ($544k), and Georgia ($521k).

The fastest growing import markets in Non-Knit Men's Shirts for Armenia between 2021 and 2022 were Turkey ($313k), Georgia ($260k), and Sri Lanka ($158k).

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 Non-Knit Men's Shirts. 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)$2.1M
IMPORTS (2022)$5.45M
NET TRADE (2022)-$3.35M

In 2022, Armenia exported $2.1M in Non-Knit Men's Shirts. The main destinations of Armenia exports on Non-Knit Men's Shirts were Russia ($1.68M), Germany ($379k), South Korea ($13k), Netherlands ($12.2k), and Italy ($3.1k).

In 2022, Armenia imported $5.45M in Non-Knit Men's Shirts, mainly from Bangladesh ($769k), Germany ($677k), China ($564k), Vietnam ($544k), and Georgia ($521k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Shirts EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$8.97k (0.54%)
Netherlands$8.91k (270%)
Italy$3.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Shirts BY Armenia WERE (2021 - 2022):
Germany-$94.4k (-19.9%)
South Korea-$62.1k (-82.7%)
Georgia-$2.19k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Non-Knit Men's Shirts were:
In 2022, Armenia's main importing competitors in Non-Knit Men's Shirts were:

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Trade Value of Non-Knit Men's Shirts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $364k
TOP IMPORT POTENTIALBangladesh+ $749k

Non-Knit Men's Shirts’s highest export potential is Germany. With an export gap of $364k.   Non-Knit Men's Shirts’s highest import potential is Bangladesh with an import gap of $749k.

See methodology.

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