2023
Exports
$737kWorld Rnk 84 / 197
Flag Rnk 298 / 973
2023
PRODUCT COMPLEXITY IN Tea
-1.68Rnk 971 / 1025
2023
Imports
$3.5MWorld Rnk 108 / 224
Flag Rnk 372 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $737k in Tea, making it the 84th largest exporter of Tea in the world. At the same year, Tea was the 298th most exported product in Armenia. The main destination of Tea exports from Armenia are: Russia ($703k), France ($17.2k), United States ($5.27k), Switzerland ($3.56k), and Georgia ($3.14k).

The fastest growing export markets for Tea of Armenia between 2022 and 2023 were France ($13.2k), Switzerland ($3.56k), and Germany ($1.96k).

Imports In 2023, Armenia imported $3.5M in Tea, becoming the 108th largest importer of Tea in the world. At the same year, Tea was the 372nd most imported product in Armenia. Armenia imports Tea primarily from: Russia ($1.44M), Sri Lanka ($586k), Germany ($567k), United Arab Emirates ($422k), and China ($135k).

The fastest growing import markets in Tea for Armenia between 2022 and 2023 were Poland ($121k), Sri Lanka ($116k), and China ($27k).

Latest Trends

Dec 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 Tea. 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 (2023)$737k
IMPORTS (2023)$3.5M
NET TRADE (2023)-$2.76M

In 2023, Armenia exported $737k in Tea. The main destinations of Armenia exports on Tea were Russia ($703k), France ($17.2k), United States ($5.27k), Switzerland ($3.56k), and Georgia ($3.14k).

In 2023, Armenia imported $3.5M in Tea, mainly from Russia ($1.44M), Sri Lanka ($586k), Germany ($567k), United Arab Emirates ($422k), and China ($135k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
France$13.2k (327%)
Switzerland$3.56k (1%)
Germany$1.96k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Armenia WERE (2022 - 2023):
Russia-$118k (-14.4%)
United States-$5.95k (-53%)
Belgium-$3.06k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Tea were:
China $1.39B
Kenya $1.37B
In 2023, Armenia's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.8k
TOP IMPORT POTENTIALChina+ $160k

Tea’s highest export potential is United States. With an export gap of $37.8k.   Tea’s highest import potential is China with an import gap of $160k.

See methodology.

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