2021
Exports
$44World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2021
Imports
$1.42MWorld Rnk 105 / 224
Flag Rnk 497 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Imports In 2022, Armenia imported $1.42M in Processed Crustaceans, becoming the 105th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 497th most imported product in Armenia. Armenia imports Processed Crustaceans primarily from: Russia ($869k), India ($181k), Iran ($100k), China ($57k), and Chile ($49.6k).

The fastest growing import markets in Processed Crustaceans for Armenia between 2021 and 2022 were Russia ($460k), India ($180k), and Iran ($53.8k).

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 Processed Crustaceans. 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 (2021)$44
IMPORTS (2022)$1.42M
NET TRADE (2022)-$1.42M

In 2022, Armenia imported $1.42M in Processed Crustaceans, mainly from Russia ($869k), India ($181k), Iran ($100k), China ($57k), and Chile ($49.6k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Armenia WERE (N/A - 2021):Russia-$44 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Armenia's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Armenia's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $565
TOP IMPORT POTENTIALIndia+ $138k

Processed Crustaceans’s highest export potential is United States. With an export gap of $565.   Processed Crustaceans’s highest import potential is India with an import gap of $138k.

See methodology.

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