2022
Exports
$6.96kWorld Rnk 142 / 167
Flag Rnk 787 / 945
2022
PRODUCT COMPLEXITY IN Wheat Flours
-1.56Rnk 954 / 1025
2022
Imports
$9.6MWorld Rnk 90 / 222
Flag Rnk 179 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $6.96k in Wheat Flours, making it the 142nd largest exporter of Wheat Flours in the world. At the same year, Wheat Flours was the 787th most exported product in Armenia. The main destination of Wheat Flours exports from Armenia are: Belgium ($2.98k), United States ($2.66k), and Russia ($1.32k).

The fastest growing export markets for Wheat Flours of Armenia between 2021 and 2022 were Russia ($1.06k).

Imports In 2022, Armenia imported $9.6M in Wheat Flours, becoming the 90th largest importer of Wheat Flours in the world. At the same year, Wheat Flours was the 179th most imported product in Armenia. Armenia imports Wheat Flours primarily from: Russia ($9.4M), Italy ($100k), Kazakhstan ($39.2k), France ($21.9k), and Bulgaria ($17.9k).

The fastest growing import markets in Wheat Flours for Armenia between 2021 and 2022 were Russia ($3.31M), France ($21.3k), and Bulgaria ($17.9k).

Latest Trends

Oct 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 (2022)$6.96k
IMPORTS (2022)$9.6M
NET TRADE (2022)-$9.59M

In 2022, Armenia exported $6.96k in Wheat Flours. The main destinations of Armenia exports on Wheat Flours were Belgium ($2.98k), United States ($2.66k), and Russia ($1.32k).

In 2022, Armenia imported $9.6M in Wheat Flours, mainly from Russia ($9.4M), Italy ($100k), Kazakhstan ($39.2k), France ($21.9k), and Bulgaria ($17.9k).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Wheat Flours EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$1.06k (407%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat Flours BY Armenia WERE (2021 - 2022):
United States-$4.45k (-62.6%)
Belgium-$2.87k (-49%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Wheat Flours were:
In 2022, 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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