2022
Exports
$21.8MWorld Rnk 68 / 204
Flag Rnk 30 / 945
2022
PRODUCT COMPLEXITY IN Coffee
-1.44Rnk 940 / 1025
2022
Imports
$33.3MWorld Rnk 76 / 224
Flag Rnk 45 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $21.8M in Coffee, making it the 68th largest exporter of Coffee in the world. At the same year, Coffee was the 30th most exported product in Armenia. The main destination of Coffee exports from Armenia are: Russia ($20.6M), Georgia ($1.07M), Saudi Arabia ($73.6k), Moldova ($25.8k), and France ($19.6k).

The fastest growing export markets for Coffee of Armenia between 2021 and 2022 were Russia ($15.3M), Georgia ($104k), and Moldova ($12.9k).

Imports In 2022, Armenia imported $33.3M in Coffee, becoming the 76th largest importer of Coffee in the world. At the same year, Coffee was the 45th most imported product in Armenia. Armenia imports Coffee primarily from: Indonesia ($16.8M), Vietnam ($3.61M), Netherlands ($2.25M), Russia ($2.04M), and Italy ($1.17M).

The fastest growing import markets in Coffee for Armenia between 2021 and 2022 were Indonesia ($5.78M), Netherlands ($1.65M), and Brazil ($818k).

Latest Trends

May 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 Coffee. 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)$21.8M
IMPORTS (2022)$33.3M
NET TRADE (2022)-$11.4M

In 2022, Armenia exported $21.8M in Coffee. The main destinations of Armenia exports on Coffee were Russia ($20.6M), Georgia ($1.07M), Saudi Arabia ($73.6k), Moldova ($25.8k), and France ($19.6k).

In 2022, Armenia imported $33.3M in Coffee, mainly from Indonesia ($16.8M), Vietnam ($3.61M), Netherlands ($2.25M), Russia ($2.04M), and Italy ($1.17M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coffee EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$15.3M (288%)
Georgia$104k (10.7%)
Moldova$12.9k (99.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY Armenia WERE (2021 - 2022):
Iran-$50.8k (-100%)
Belgium-$22k (-87.9%)
United States-$14.2k (-42.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Coffee were:
Brazil $8.86B
Vietnam $3.37B
In 2022, Armenia's main importing competitors in Coffee were:

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Trade Value of Coffee by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $294k
TOP IMPORT POTENTIALBrazil+ $1.31M

Coffee’s highest export potential is Georgia. With an export gap of $294k.   Coffee’s highest import potential is Brazil with an import gap of $1.31M.

See methodology.

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