Key Market Indicators
The country ranked number 71 in 2021, Egypt came ahead at $4,367,200. Germany, France and Italy respectively were numbers 2, 3 and 4 in this ranking. Armenia's leather goods import and export is set to rise in the coming years. Import of leather goods is projected to reach almost $2.9 million by 2026, an increase of 2.3% year-on-year. Armenia has seen a steady 1.7% year-on-year growth since 2002, ranking 84th in 2021, behind Sri Lanka with $2.5 million. Germany, France and Italy were second, third and fourth respectively. Exports of leather goods are estimated to reach $5.6 million by 2026, with a 4.1% year-on-year growth. Armenia has seen a 23.9% yearly increase since 2004, ranking 71st in 2021, behind Egypt with $4.4 million. Germany, France and Italy were second, third and fourth in this ranking.
