2023
Exports
$22.4kWorld Rnk 132 / 174
Flag Rnk 719 / 973
2023
PRODUCT COMPLEXITY IN Wheat Flours
-1.58Rnk 958 / 1025
2023
Imports
$9.86MWorld Rnk 94 / 224
Flag Rnk 199 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $22.4k in Wheat Flours, making it the 132nd largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 719th most exported product in Armenia. The main destination of Wheat Flours exports from Armenia are: United States ($19.8k), Bahrain ($1.82k), and Russia ($734).

The fastest growing export markets for Wheat Flours of Armenia between 2022 and 2023 were United States ($17.1k) and Bahrain ($1.82k).

Imports In 2023, Armenia imported $9.86M in Wheat Flours, becoming the 94th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 199th most imported product in Armenia. Armenia imports Wheat Flours primarily from: Russia ($9.28M), Curaçao ($283k), Italy ($220k), Kazakhstan ($34.5k), and France ($32k).

The fastest growing import markets in Wheat Flours for Armenia between 2022 and 2023 were Italy ($69.1k), France ($10.1k), and China ($2.38k).

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 Wheat Flours. 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)$22.4k
IMPORTS (2023)$9.86M
NET TRADE (2023)-$9.83M

In 2023, Armenia exported $22.4k in Wheat Flours. The main destinations of Armenia exports on Wheat Flours were United States ($19.8k), Bahrain ($1.82k), and Russia ($734).

In 2023, Armenia imported $9.86M in Wheat Flours, mainly from Russia ($9.28M), Curaçao ($283k), Italy ($220k), Kazakhstan ($34.5k), and France ($32k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
United States$17.1k (619%)
Bahrain$1.82k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Armenia WERE (2022 - 2023):
Belgium-$3.39k (-100%)
Russia-$583 (-44.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Wheat Flours were:
In 2023, Armenia's main importing competitors in Wheat Flours were:

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Trade Value of Wheat Flours by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.01k
TOP IMPORT POTENTIALItaly+ $101k

Wheat Flours’s highest export potential is United States. With an export gap of $5.01k.   Wheat Flours’s highest import potential is Italy with an import gap of $101k.

See methodology.

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