2022
Exports
$991kWorld Rnk 36 / 105
Flag Rnk 255 / 945
2022
PRODUCT COMPLEXITY IN Peat
-0.028Rnk 554 / 1025
2022
Imports
$98.6kWorld Rnk 127 / 195
Flag Rnk 905 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $991k in Peat, making it the 36th largest exporter of Peat in the world. At the same year, Peat was the 255th most exported product in Armenia. The main destination of Peat exports from Armenia are: Georgia ($814k), Iran ($154k), Russia ($22.7k), and Netherlands ($12).

The fastest growing export markets for Peat of Armenia between 2021 and 2022 were Georgia ($636k) and Netherlands ($12).

Imports In 2022, Armenia imported $98.6k in Peat, becoming the 127th largest importer of Peat in the world. At the same year, Peat was the 905th most imported product in Armenia. Armenia imports Peat primarily from: Lithuania ($43.5k), Russia ($18.2k), Latvia ($15.5k), Netherlands ($12.8k), and Greece ($7.17k).

The fastest growing import markets in Peat for Armenia between 2021 and 2022 were Lithuania ($21.4k), Russia ($10.6k), and Latvia ($10.2k).

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 Peat. 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)$991k
IMPORTS (2022)$98.6k
NET TRADE (2022)$892k

In 2022, Armenia exported $991k in Peat. The main destinations of Armenia exports on Peat were Georgia ($814k), Iran ($154k), Russia ($22.7k), and Netherlands ($12).

In 2022, Armenia imported $98.6k in Peat, mainly from Lithuania ($43.5k), Russia ($18.2k), Latvia ($15.5k), Netherlands ($12.8k), and Greece ($7.17k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Peat EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$636k (359%)
Netherlands$12 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Peat BY Armenia WERE (2021 - 2022):
Russia-$61.4k (-73%)
Iran-$56.4k (-26.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Peat were:
In 2022, Armenia's main importing competitors in Peat were:

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Trade Value of Peat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $7.65k
TOP IMPORT POTENTIALLatvia+ $9.61k

Peat’s highest export potential is Russia. With an export gap of $7.65k.   Peat’s highest import potential is Latvia with an import gap of $9.61k.

See methodology.

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