2022
Exports
$85MWorld Rnk 67 / 215
Flag Rnk 14 / 96
2022
PRODUCT COMPLEXITY IN Preparations of vegetables, fruit, nuts or other plant parts
0.45Rnk 385 / 1025
2022
Imports
$44MWorld Rnk 113 / 225
Flag Rnk 40 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $85M in Preparations of vegetables, fruit, nuts or other plant parts, making it the 67th largest exporter of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 14th most exported product in Armenia. The main destination of Preparations of vegetables, fruit, nuts or other plant parts exports from Armenia are: Russia ($42.4M), Georgia ($33.1M), United States ($4.55M), France ($929k), and Israel ($679k).

The fastest growing export markets for Preparations of vegetables, fruit, nuts or other plant parts of Armenia between 2021 and 2022 were Georgia ($32.4M), Russia ($11.1M), and Estonia ($151k).

Imports In 2022, Armenia imported $44M in Preparations of vegetables, fruit, nuts or other plant parts, becoming the 113th largest importer of Preparations of vegetables, fruit, nuts or other plant parts in the world. At the same year, Preparations of vegetables, fruit, nuts or other plant parts was the 40th most imported product in Armenia. Armenia imports Preparations of vegetables, fruit, nuts or other plant parts primarily from: Russia ($15.3M), Spain ($7.32M), Iran ($5.3M), Hungary ($1.91M), and China ($1.89M).

The fastest growing import markets in Preparations of vegetables, fruit, nuts or other plant parts for Armenia between 2021 and 2022 were Spain ($4.34M), Russia ($3.71M), and China ($999k).

Latest Trends

Jul 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 Preparations of vegetables, fruit, nuts or other plant parts. 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)$85M
IMPORTS (2022)$44M
NET TRADE (2022)$41M

In 2022, Armenia exported $85M in Preparations of vegetables, fruit, nuts or other plant parts. The main destinations of Armenia exports on Preparations of vegetables, fruit, nuts or other plant parts were Russia ($42.4M), Georgia ($33.1M), United States ($4.55M), France ($929k), and Israel ($679k).

In 2022, Armenia imported $44M in Preparations of vegetables, fruit, nuts or other plant parts, mainly from Russia ($15.3M), Spain ($7.32M), Iran ($5.3M), Hungary ($1.91M), and China ($1.89M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Preparations of vegetables, fruit, nuts or other plant parts EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$32.4M (4.5k%)
Russia$11.1M (35.3%)
Estonia$151k (738%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Preparations of vegetables, fruit, nuts or other plant parts BY Armenia WERE (2021 - 2022):
Italy-$742k (-100%)
Belgium-$477k (-56.7%)
Austria-$461k (-81.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Preparations of vegetables, fruit, nuts or other plant parts were:
In 2022, Armenia's main importing competitors in Preparations of vegetables, fruit, nuts or other plant parts were:

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Trade Value of Preparations of vegetables, fruit, nuts or other plant parts by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $6.07M
TOP IMPORT POTENTIALChina+ $1.18M

Preparations of vegetables, fruit, nuts or other plant parts’s highest export potential is United States. With an export gap of $6.07M.   Preparations of vegetables, fruit, nuts or other plant parts’s highest import potential is China with an import gap of $1.18M.

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