2023
Exports
$13.3MWorld Rnk 24 / 149
Flag Rnk 62 / 973
2023
PRODUCT COMPLEXITY IN Other Fermented Beverages
0.057Rnk 535 / 1025
2023
Imports
$407kWorld Rnk 117 / 213
Flag Rnk 735 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $13.3M in Other Fermented Beverages, making it the 24th largest exporter of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 62nd most exported product in Armenia. The main destination of Other Fermented Beverages exports from Armenia are: Russia ($9.52M), Curaçao ($778k), Lithuania ($683k), Belarus ($421k), and United States ($291k).

The fastest growing export markets for Other Fermented Beverages of Armenia between 2022 and 2023 were United States ($85k), Kazakhstan ($76.8k), and Lithuania ($70k).

Imports In 2023, Armenia imported $407k in Other Fermented Beverages, becoming the 117th largest importer of Other Fermented Beverages in the world. At the same year, Other Fermented Beverages was the 735th most imported product in Armenia. Armenia imports Other Fermented Beverages primarily from: Russia ($157k), Japan ($61.1k), Spain ($43.1k), Bulgaria ($34.2k), and Georgia ($24k).

The fastest growing import markets in Other Fermented Beverages for Armenia between 2022 and 2023 were Russia ($60.8k), Georgia ($24k), and Estonia ($22.1k).

Latest Trends

Jan 2025

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 Other Fermented Beverages. 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)$13.3M
IMPORTS (2023)$407k
NET TRADE (2023)$12.9M

In 2023, Armenia exported $13.3M in Other Fermented Beverages. The main destinations of Armenia exports on Other Fermented Beverages were Russia ($9.52M), Curaçao ($778k), Lithuania ($683k), Belarus ($421k), and United States ($291k).

In 2023, Armenia imported $407k in Other Fermented Beverages, mainly from Russia ($157k), Japan ($61.1k), Spain ($43.1k), Bulgaria ($34.2k), and Georgia ($24k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Fermented Beverages EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
United States$85k (41.2%)
Kazakhstan$76.8k (170%)
Lithuania$70k (11.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Fermented Beverages BY Armenia WERE (2022 - 2023):
Russia-$6.07M (-38.9%)
Estonia-$217k (-49.9%)
Ukraine-$146k (-56.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Other Fermented Beverages were:
In 2023, Armenia's main importing competitors in Other Fermented Beverages were:

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Trade Value of Other Fermented Beverages by Exporters

Potential Exports

Potential Exports

Flow
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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.

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