2022
Exports
$18.8MWorld Rnk 21 / 143
Flag Rnk 35 / 945
2022
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.091Rnk 525 / 1025
2022
Imports
$317kWorld Rnk 133 / 218
Flag Rnk 762 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $18.8M in Other Fermented Beverages, making it the 21st largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 35th most exported product in Armenia. The main destination of Other Fermented Beverages exports from Armenia are: Russia ($15.6M), Lithuania ($604k), Belarus ($530k), Latvia ($434k), and Estonia ($433k).

The fastest growing export markets for Other Fermented Beverages of Armenia between 2021 and 2022 were Russia ($6.66M), Belarus ($422k), and Estonia ($79.5k).

Imports In 2022, Armenia imported $317k in Other Fermented Beverages, becoming the 133rd largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 762nd most imported product in Armenia. Armenia imports Other Fermented Beverages primarily from: Russia ($77.6k), Japan ($63.7k), Lithuania ($51k), Bulgaria ($44.3k), and Poland ($22.5k).

The fastest growing import markets in Other Fermented Beverages for Armenia between 2021 and 2022 were Japan ($56.6k), Bulgaria ($42.8k), and Lithuania ($42.5k).

Latest Trends

Sep 2024

Subnational Monthly Trade

View
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 Other Fermented Beverages. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$18.8M
IMPORTS (2022)$317k
NET TRADE (2022)$18.5M

In 2022, Armenia exported $18.8M in Other Fermented Beverages. The main destinations of Armenia exports on Other Fermented Beverages were Russia ($15.6M), Lithuania ($604k), Belarus ($530k), Latvia ($434k), and Estonia ($433k).

In 2022, Armenia imported $317k in Other Fermented Beverages, mainly from Russia ($77.6k), Japan ($63.7k), Lithuania ($51k), Bulgaria ($44.3k), and Poland ($22.5k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$6.66M (74.5%)
Belarus$422k (388%)
Estonia$79.5k (22.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Armenia WERE (2021 - 2022):
Ukraine-$516k (-66.8%)
United States-$120k (-36.8%)
Lithuania-$107k (-15%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Armenia's main exporting competitors in Other Fermented Beverages were:
In 2022, Armenia's main importing competitors in Other Fermented Beverages were:

Explore Visualizations

Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $417k
TOP IMPORT POTENTIALJapan+ $31.1k

Other Fermented Beverages’s highest export potential is United States. With an export gap of $417k.   Other Fermented Beverages’s highest import potential is Japan with an import gap of $31.1k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with