2022
Exports
$7.38kWorld Rnk 149 / 173
Flag Rnk 781 / 945
2022
PRODUCT COMPLEXITY IN Other Oily Seeds
-2.33Rnk 1015 / 1025
2022
Imports
$1.61MWorld Rnk 111 / 217
Flag Rnk 474 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $7.38k in Other Oily Seeds, making it the 149th largest exporter of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 781st most exported product in Armenia. The main destination of Other Oily Seeds exports from Armenia are: United States ($5.55k), Kazakhstan ($1.29k), Iran ($336), Russia ($202), and Netherlands ($8).

The fastest growing export markets for Other Oily Seeds of Armenia between 2021 and 2022 were Kazakhstan ($777), Iran ($336), and Russia ($202).

Imports In 2022, Armenia imported $1.61M in Other Oily Seeds, becoming the 111th largest importer of Other Oily Seeds in the world. At the same year, Other Oily Seeds was the 474th most imported product in Armenia. Armenia imports Other Oily Seeds primarily from: Russia ($556k), China ($318k), India ($239k), Netherlands ($198k), and Belarus ($35.4k).

The fastest growing import markets in Other Oily Seeds for Armenia between 2021 and 2022 were China ($228k), Russia ($199k), and Netherlands ($198k).

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 Other Oily Seeds. 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)$7.38k
IMPORTS (2022)$1.61M
NET TRADE (2022)-$1.6M

In 2022, Armenia exported $7.38k in Other Oily Seeds. The main destinations of Armenia exports on Other Oily Seeds were United States ($5.55k), Kazakhstan ($1.29k), Iran ($336), Russia ($202), and Netherlands ($8).

In 2022, Armenia imported $1.61M in Other Oily Seeds, mainly from Russia ($556k), China ($318k), India ($239k), Netherlands ($198k), and Belarus ($35.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Oily Seeds EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Kazakhstan$777 (152%)
Iran$336 (1%)
Russia$202 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Oily Seeds BY Armenia WERE (2021 - 2022):
Belarus-$2.1k (-100%)
Georgia-$1.62k (-100%)
United States-$556 (-9.11%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Other Oily Seeds were:
Sudan $654M
India $535M
China $378M
In 2022, Armenia's main importing competitors in Other Oily Seeds were:

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Trade Value of Other Oily Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.04k
TOP IMPORT POTENTIALIndia+ $205k

Other Oily Seeds’s highest export potential is United States. With an export gap of $8.04k.   Other Oily Seeds’s highest import potential is India with an import gap of $205k.

See methodology.

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