2023
Exports
$14.4MWorld Rnk 87 / 204
Flag Rnk 59 / 973
2023
PRODUCT COMPLEXITY IN Flavored Water
-0.42Rnk 671 / 1025
2023
Imports
$30.1MWorld Rnk 108 / 226
Flag Rnk 78 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $14.4M in Flavored Water, making it the 87th largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 59th most exported product in Armenia. The main destination of Flavored Water exports from Armenia are: Russia ($11.9M), Georgia ($821k), Kazakhstan ($651k), United States ($476k), and Iraq ($209k).

The fastest growing export markets for Flavored Water of Armenia between 2022 and 2023 were Russia ($4.78M), Kazakhstan ($522k), and Georgia ($228k).

Imports In 2023, Armenia imported $30.1M in Flavored Water, becoming the 108th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 78th most imported product in Armenia. Armenia imports Flavored Water primarily from: Georgia ($11.1M), Russia ($5.37M), Uzbekistan ($2.39M), Austria ($2.38M), and Belarus ($1.62M).

The fastest growing import markets in Flavored Water for Armenia between 2022 and 2023 were Uzbekistan ($2.27M), Belarus ($1.18M), and Poland ($415k).

Latest Trends

Dec 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 Flavored Water. 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 (2023)$14.4M
IMPORTS (2023)$30.1M
NET TRADE (2023)-$15.7M

In 2023, Armenia exported $14.4M in Flavored Water. The main destinations of Armenia exports on Flavored Water were Russia ($11.9M), Georgia ($821k), Kazakhstan ($651k), United States ($476k), and Iraq ($209k).

In 2023, Armenia imported $30.1M in Flavored Water, mainly from Georgia ($11.1M), Russia ($5.37M), Uzbekistan ($2.39M), Austria ($2.38M), and Belarus ($1.62M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$4.78M (67.4%)
Kazakhstan$522k (406%)
Georgia$228k (38.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Armenia WERE (2022 - 2023):
United States-$82.5k (-14.8%)
Ukraine-$52.6k (-51.6%)
Uzbekistan-$49.1k (-58.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Flavored Water were:
In 2023, Armenia's main importing competitors in Flavored Water were:

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Trade Value of Flavored Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.24M
TOP IMPORT POTENTIALAustria+ $824k

Flavored Water’s highest export potential is United States. With an export gap of $1.24M.   Flavored Water’s highest import potential is Austria with an import gap of $824k.

See methodology.

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