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2022
Exports $1.04MWorld Rnk 87 / 193
Flag Rnk 247 / 945
2022
Destination $181k Russia
2021 - 2022
FASTEST GROWING MARKET $181kRussia
2022
PRODUCT COMPLEXITY IN Knit Women's Undergarments-1.38Rnk 928 / 1025
2022
Imports $3.33MWorld Rnk 117 / 214
Flag Rnk 349 / 1142
2022
Origin $655k China
2021 - 2022
FASTEST GROWING ORIGIN $655kTurkey
2022
ECONOMIC COMPLEXITY of Armenia0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $1.04M in Knit Women's Undergarments, making it the 87th largest exporter of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 247th most exported product in Armenia. The main destination of Knit Women's Undergarments exports from Armenia are: Russia ($1.01M), United States ($17.6k), United Kingdom ($10.8k), Germany ($2.4k), and Estonia ($1.85k).

The fastest growing export markets for Knit Women's Undergarments of Armenia between 2021 and 2022 were Russia ($181k), United States ($17.6k), and United Kingdom ($10.8k).

Imports In 2022, Armenia imported $3.33M in Knit Women's Undergarments, becoming the 117th largest importer of Knit Women's Undergarments in the world. At the same year, Knit Women's Undergarments was the 349th most imported product in Armenia. Armenia imports Knit Women's Undergarments primarily from: China ($1.12M), Turkey ($663k), Georgia ($393k), Bangladesh ($300k), and Germany ($186k).

The fastest growing import markets in Knit Women's Undergarments for Armenia between 2021 and 2022 were Turkey ($655k), Georgia ($203k), and Germany ($84.9k).

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 Knit Women's Undergarments. 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)$1.04M
IMPORTS (2022)$3.33M
NET TRADE (2022)-$2.29M

In 2022, Armenia exported $1.04M in Knit Women's Undergarments. The main destinations of Armenia exports on Knit Women's Undergarments were Russia ($1.01M), United States ($17.6k), United Kingdom ($10.8k), Germany ($2.4k), and Estonia ($1.85k).

In 2022, Armenia imported $3.33M in Knit Women's Undergarments, mainly from China ($1.12M), Turkey ($663k), Georgia ($393k), Bangladesh ($300k), and Germany ($186k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Undergarments EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$181k (21.9%)
United States$17.6k (1%)
United Kingdom$10.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Undergarments BY Armenia WERE (2021 - 2022):
Canada-$13.8k (-100%)
Belarus-$3k (-100%)
Switzerland-$2.89k (-100%)
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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 Knit Women's Undergarments were:
China $6.96B
Bangladesh $1.74B
Vietnam $1.05B
In 2022, Armenia's main importing competitors in Knit Women's Undergarments were:
United States $4.19B
Germany $1.23B
United Kingdom $817M

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Trade Value of Knit Women's Undergarments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $78k
TOP IMPORT POTENTIALChina+ $683k

Knit Women's Undergarments’s highest export potential is United States. With an export gap of $78k.   Knit Women's Undergarments’s highest import potential is China with an import gap of $683k.

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