2022
Exports
$17.2kWorld Rnk 121 / 162
Flag Rnk 718 / 945
2022
PRODUCT COMPLEXITY IN Legumes
-1.94Rnk 996 / 1025
2022
Imports
$219kWorld Rnk 98 / 208
Flag Rnk 815 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $17.2k in Legumes, making it the 121st largest exporter of Legumes in the world. At the same year, Legumes was the 718th most exported product in Armenia. The main destination of Legumes exports from Armenia are: United States ($10.1k) and Russia ($7.02k).

The fastest growing export markets for Legumes of Armenia between 2021 and 2022 were United States ($3.09k).

Imports In 2022, Armenia imported $219k in Legumes, becoming the 98th largest importer of Legumes in the world. At the same year, Legumes was the 815th most imported product in Armenia. Armenia imports Legumes primarily from: Kyrgyzstan ($190k), Turkey ($8.43k), Georgia ($7.46k), Russia ($6.82k), and United Arab Emirates ($5.17k).

The fastest growing import markets in Legumes for Armenia between 2021 and 2022 were Kyrgyzstan ($115k), Turkey ($8.43k), and United Arab Emirates ($3.74k).

Latest Trends

Oct 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 Legumes. 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)$17.2k
IMPORTS (2022)$219k
NET TRADE (2022)-$202k

In 2022, Armenia exported $17.2k in Legumes. The main destinations of Armenia exports on Legumes were United States ($10.1k) and Russia ($7.02k).

In 2022, Armenia imported $219k in Legumes, mainly from Kyrgyzstan ($190k), Turkey ($8.43k), Georgia ($7.46k), Russia ($6.82k), and United Arab Emirates ($5.17k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Legumes EXPORT MARKETS FOR Armenia WERE (2021 - 2022):United States$3.09k (43.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Legumes BY Armenia WERE (2021 - 2022):Russia-$10.1k (-59%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Legumes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $12.9k
TOP IMPORT POTENTIALTurkey+ $3.17k

Legumes’s highest export potential is United States. With an export gap of $12.9k.   Legumes’s highest import potential is Turkey with an import gap of $3.17k.

See methodology.

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