2022
Exports
$9.53MWorld Rnk 60 / 181
Flag Rnk 67 / 945
2022
PRODUCT COMPLEXITY IN Other Nuts
-1.66Rnk 968 / 1025
2022
Imports
$20.7MWorld Rnk 76 / 218
Flag Rnk 98 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $9.53M in Other Nuts, making it the 60th largest exporter of Other Nuts in the world. At the same year, Other Nuts was the 67th most exported product in Armenia. The main destination of Other Nuts exports from Armenia are: Belarus ($4.99M), Russia ($4.54M), Iran ($1.13k), United States ($686), and United Arab Emirates ($147).

The fastest growing export markets for Other Nuts of Armenia between 2021 and 2022 were Belarus ($4.87M), United States ($121), and Estonia ($68).

Imports In 2022, Armenia imported $20.7M in Other Nuts, becoming the 76th largest importer of Other Nuts in the world. At the same year, Other Nuts was the 98th most imported product in Armenia. Armenia imports Other Nuts primarily from: Georgia ($8.84M), Iran ($4.25M), United States ($2.35M), Chile ($1.82M), and Russia ($726k).

The fastest growing import markets in Other Nuts for Armenia between 2021 and 2022 were Chile ($1.66M), United States ($1.19M), and Australia ($628k).

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 Nuts. 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)$9.53M
IMPORTS (2022)$20.7M
NET TRADE (2022)-$11.2M

In 2022, Armenia exported $9.53M in Other Nuts. The main destinations of Armenia exports on Other Nuts were Belarus ($4.99M), Russia ($4.54M), Iran ($1.13k), United States ($686), and United Arab Emirates ($147).

In 2022, Armenia imported $20.7M in Other Nuts, mainly from Georgia ($8.84M), Iran ($4.25M), United States ($2.35M), Chile ($1.82M), and Russia ($726k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Nuts EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Belarus$4.87M (4.1k%)
United States$121 (21.4%)
Estonia$68 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nuts BY Armenia WERE (2021 - 2022):
Russia-$8.51M (-65.2%)
Georgia-$13.8k (-100%)
Iran-$11.3k (-90.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Nuts were:
In 2022, Armenia's main importing competitors in Other Nuts were:
Germany $2.05B
China $1.85B
India $1.54B

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Trade Value of Other Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $15.5k
TOP IMPORT POTENTIALUnited States+ $1.11M

Other Nuts’s highest export potential is Iran. With an export gap of $15.5k.   Other Nuts’s highest import potential is United States with an import gap of $1.11M.

See methodology.

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