2022
Exports
$3.06kWorld Rnk 111 / 158
Flag Rnk 825 / 945
2022
PRODUCT COMPLEXITY IN Embroidery
-0.41Rnk 676 / 1025
2022
Imports
$185kWorld Rnk 130 / 202
Flag Rnk 833 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $3.06k in Embroidery, making it the 111th largest exporter of Embroidery in the world. At the same year, Embroidery was the 825th most exported product in Armenia. The main destination of Embroidery exports from Armenia are: Nigeria ($2.57k), Portugal ($461), and Russia ($34).

The fastest growing export markets for Embroidery of Armenia between N/A and 2022 were Nigeria ($2.57k), Portugal ($461), and Russia ($34).

Imports In 2018, Armenia imported $185k in Embroidery, becoming the 130th largest importer of Embroidery in the world. At the same year, Embroidery was the 833rd most imported product in Armenia. Armenia imports Embroidery primarily from: Italy ($49.3k), United Arab Emirates ($46k), Germany ($19.4k), Austria ($19.4k), and Lithuania ($18.9k).

The fastest growing import markets in Embroidery for Armenia between 2021 and 2022 were United Arab Emirates ($39.6k), Austria ($19.4k), and Lithuania ($18.9k).

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 Embroidery. 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)$3.06k
IMPORTS (2022)$185k
NET TRADE (2022)-$182k

In 2022, Armenia exported $3.06k in Embroidery. The main destinations of Armenia exports on Embroidery were Nigeria ($2.57k), Portugal ($461), and Russia ($34).

In 2022, Armenia imported $185k in Embroidery, mainly from Italy ($49.3k), United Arab Emirates ($46k), Germany ($19.4k), Austria ($19.4k), and Lithuania ($18.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Embroidery EXPORT MARKETS FOR Armenia WERE (N/A - 2022):
Nigeria$2.57k (1%)
Portugal$461 (1%)
Russia$34 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Embroidery were:
China $897M
India $164M
In 2022, Armenia's main importing competitors in Embroidery were:

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Trade Value of Embroidery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNigeria+ $1.66k
TOP IMPORT POTENTIALIndia+ $11.5k

Embroidery’s highest export potential is Nigeria. With an export gap of $1.66k.   Embroidery’s highest import potential is India with an import gap of $11.5k.

See methodology.

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