2022
Exports
$35.4kWorld Rnk 132 / 151
Flag Rnk 664 / 945
2022
PRODUCT COMPLEXITY IN Nitrogenous Fertilizers
-1.29Rnk 905 / 1025
2022
Imports
$30.3MWorld Rnk 110 / 211
Flag Rnk 53 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $35.4k in Nitrogenous Fertilizers, making it the 132nd largest exporter of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 664th most exported product in Armenia. The main destination of Nitrogenous Fertilizers exports from Armenia are: Russia ($25k), Georgia ($9.9k), Lithuania ($509), and Slovenia ($3).

The fastest growing export markets for Nitrogenous Fertilizers of Armenia between 2021 and 2022 were Russia ($25k), Georgia ($9.89k), and Lithuania ($509).

Imports In 2022, Armenia imported $30.3M in Nitrogenous Fertilizers, becoming the 110th largest importer of Nitrogenous Fertilizers in the world. At the same year, Nitrogenous Fertilizers was the 53rd most imported product in Armenia. Armenia imports Nitrogenous Fertilizers primarily from: Georgia ($12.2M), Russia ($12.1M), Iran ($4.15M), Kazakhstan ($737k), and Czechia ($351k).

The fastest growing import markets in Nitrogenous Fertilizers for Armenia between 2021 and 2022 were Georgia ($6.33M), Russia ($6.12M), and Iran ($2.7M).

Latest Trends

Sep 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 Nitrogenous Fertilizers. 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)$35.4k
IMPORTS (2022)$30.3M
NET TRADE (2022)-$30.2M

In 2022, Armenia exported $35.4k in Nitrogenous Fertilizers. The main destinations of Armenia exports on Nitrogenous Fertilizers were Russia ($25k), Georgia ($9.9k), Lithuania ($509), and Slovenia ($3).

In 2022, Armenia imported $30.3M in Nitrogenous Fertilizers, mainly from Georgia ($12.2M), Russia ($12.1M), Iran ($4.15M), Kazakhstan ($737k), and Czechia ($351k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Nitrogenous Fertilizers EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$25k (1%)
Georgia$9.89k (65.9k%)
Lithuania$509 (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Nitrogenous Fertilizers were:
Russia $6.27B
China $5.59B
Oman $4.14B
In 2022, Armenia's main importing competitors in Nitrogenous Fertilizers were:

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Trade Value of Nitrogenous Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $5.52k
TOP IMPORT POTENTIALRussia+ $1.1M

Nitrogenous Fertilizers’s highest export potential is Georgia. With an export gap of $5.52k.   Nitrogenous Fertilizers’s highest import potential is Russia with an import gap of $1.1M.

See methodology.

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