2022
Exports | Imports
$286M | $28MWorld Rnk 18 / 203
Flag Rnk 6 / 945
World Rnk 92 / 224
Flag Rnk 60 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
-0.24Rnk 74 / 124
2022
PRODUCT COMPLEXITY IN Hard Liquor
-0.52Rnk 701 / 1025

About

Exports In 2022, Armenia exported $286M in Hard Liquor, making it the 18th largest exporter of Hard Liquor in the world. At the same year, Hard Liquor was the 6th most exported product in Armenia. The main destination of Hard Liquor exports from Armenia are: Russia ($236M), Belarus ($11.4M), Ukraine ($8.06M), United States ($6.97M), and Kazakhstan ($4.35M).

The fastest growing export markets for Hard Liquor of Armenia between 2021 and 2022 were Russia ($52.5M), Latvia ($770k), and Syria ($734k).

Imports In 2022, Armenia imported $28M in Hard Liquor, becoming the 92nd largest importer of Hard Liquor in the world. At the same year, Hard Liquor was the 60th most imported product in Armenia. Armenia imports Hard Liquor primarily from: Russia ($7.26M), Belarus ($5.69M), Georgia ($4.19M), Latvia ($1.74M), and United Kingdom ($1.43M).

The fastest growing import markets in Hard Liquor for Armenia between 2021 and 2022 were Belarus ($4.78M), United Kingdom ($577k), and Latvia ($401k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Hard Liquor from Armenia to the United States.

Latest Trends

Feb 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 Hard Liquor. 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)$286M
IMPORTS (2022)$28M
NET TRADE (2022)$258M

In 2022, Armenia exported $286M in Hard Liquor. The main destinations of Armenia exports on Hard Liquor were Russia ($236M), Belarus ($11.4M), Ukraine ($8.06M), United States ($6.97M), and Kazakhstan ($4.35M).

In 2022, Armenia imported $28M in Hard Liquor, mainly from Russia ($7.26M), Belarus ($5.69M), Georgia ($4.19M), Latvia ($1.74M), and United Kingdom ($1.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Hard Liquor EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$52.5M (28.7%)
Latvia$770k (35.3%)
Syria$734k (2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Hard Liquor BY Armenia WERE (2021 - 2022):
Ukraine-$7.15M (-47%)
Belarus-$6.11M (-34.9%)
Iraq-$776k (-93.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Hard Liquor were:
In 2022, Armenia's main importing competitors in Hard Liquor were:

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Trade Value of Hard Liquor by Exporters

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