2022
Exports
$54.4kWorld Rnk 68 / 172
Flag Rnk 617 / 945
2022
PRODUCT COMPLEXITY IN Other Cutlery
-0.49Rnk 697 / 1025
2022
Imports
$684kWorld Rnk 113 / 219
Flag Rnk 621 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $54.4k in Other Cutlery, making it the 68th largest exporter of Other Cutlery in the world. At the same year, Other Cutlery was the 617th most exported product in Armenia. The main destination of Other Cutlery exports from Armenia are: Russia ($22.3k), Poland ($16.9k), Belarus ($13.1k), France ($1.36k), and Switzerland ($409).

The fastest growing export markets for Other Cutlery of Armenia between 2021 and 2022 were Russia ($19.5k), Poland ($16.9k), and France ($1.36k).

Imports In 2022, Armenia imported $684k in Other Cutlery, becoming the 113th largest importer of Other Cutlery in the world. At the same year, Other Cutlery was the 621st most imported product in Armenia. Armenia imports Other Cutlery primarily from: China ($336k), Russia ($136k), Poland ($45.2k), Germany ($36.3k), and United Arab Emirates ($22.1k).

The fastest growing import markets in Other Cutlery for Armenia between 2021 and 2022 were Russia ($102k), China ($47.9k), and Poland ($35.7k).

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 Other Cutlery. 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)$54.4k
IMPORTS (2022)$684k
NET TRADE (2022)-$630k

In 2022, Armenia exported $54.4k in Other Cutlery. The main destinations of Armenia exports on Other Cutlery were Russia ($22.3k), Poland ($16.9k), Belarus ($13.1k), France ($1.36k), and Switzerland ($409).

In 2022, Armenia imported $684k in Other Cutlery, mainly from China ($336k), Russia ($136k), Poland ($45.2k), Germany ($36.3k), and United Arab Emirates ($22.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Cutlery EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$19.5k (699%)
Poland$16.9k (1%)
France$1.36k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Cutlery BY Armenia WERE (2021 - 2022):
Belarus-$3.28k (-20.1%)
Iran-$1.1k (-100%)
Kazakhstan-$936 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Cutlery were:
In 2022, Armenia's main importing competitors in Other Cutlery were:

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Trade Value of Other Cutlery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALRussia+ $6.27k
TOP IMPORT POTENTIALChina+ $97k

Other Cutlery’s highest export potential is Russia. With an export gap of $6.27k.   Other Cutlery’s highest import potential is China with an import gap of $97k.

See methodology.

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