2022
Exports
$149kWorld Rnk 80 / 141
Flag Rnk 497 / 945
2022
PRODUCT COMPLEXITY IN Pile Fabric
0.18Rnk 494 / 1025
2022
Imports
$2.64MWorld Rnk 109 / 195
Flag Rnk 394 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $149k in Pile Fabric, making it the 80th largest exporter of Pile Fabric in the world. At the same year, Pile Fabric was the 497th most exported product in Armenia. The main destination of Pile Fabric exports from Armenia are: Lebanon ($78k) and Russia ($70.9k).

The fastest growing export markets for Pile Fabric of Armenia between 2021 and 2022 were Russia ($70.9k) and Lebanon ($65k).

Imports In 2022, Armenia imported $2.64M in Pile Fabric, becoming the 109th largest importer of Pile Fabric in the world. At the same year, Pile Fabric was the 394th most imported product in Armenia. Armenia imports Pile Fabric primarily from: China ($1.02M), Turkey ($570k), Russia ($359k), Uzbekistan ($229k), and Georgia ($149k).

The fastest growing import markets in Pile Fabric for Armenia between 2021 and 2022 were Uzbekistan ($225k), Turkey ($196k), and China ($156k).

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 Pile Fabric. 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)$149k
IMPORTS (2022)$2.64M
NET TRADE (2022)-$2.49M

In 2022, Armenia exported $149k in Pile Fabric. The main destinations of Armenia exports on Pile Fabric were Lebanon ($78k) and Russia ($70.9k).

In 2022, Armenia imported $2.64M in Pile Fabric, mainly from China ($1.02M), Turkey ($570k), Russia ($359k), Uzbekistan ($229k), and Georgia ($149k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pile Fabric EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$70.9k (1%)
Lebanon$65k (501%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Pile Fabric were:
In 2022, Armenia's main importing competitors in Pile Fabric were:

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Trade Value of Pile Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $33.5k
TOP IMPORT POTENTIALChina+ $528k

Pile Fabric’s highest export potential is Russia. With an export gap of $33.5k.   Pile Fabric’s highest import potential is China with an import gap of $528k.

See methodology.

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