2022
Exports | Imports
$728k | $87.7MWorld Rnk 72 / 133
Flag Rnk 289 / 945
World Rnk 92 / 194
Flag Rnk 16 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
-0.24Rnk 74 / 124
2022
PRODUCT COMPLEXITY IN Wheat
-0.36Rnk 660 / 1025

About

Exports In 2022, Armenia exported $728k in Wheat, making it the 72nd largest exporter of Wheat in the world. At the same year, Wheat was the 289th most exported product in Armenia. The main destination of Wheat exports from Armenia are: Georgia ($715k), United States ($11.6k), and Belgium ($810).

The fastest growing export markets for Wheat of Armenia between 2021 and 2022 were Georgia ($149k).

Imports In 2022, Armenia imported $87.7M in Wheat, becoming the 92nd largest importer of Wheat in the world. At the same year, Wheat was the 16th most imported product in Armenia. Armenia imports Wheat primarily from: Russia ($86.8M), Georgia ($930k), United Kingdom ($3.02k), and Italy ($85).

The fastest growing import markets in Wheat for Armenia between 2021 and 2022 were Russia ($36.1M), Georgia ($560k), and United Kingdom ($3.02k).

COMPANIES In 2023, leading companies such as were at the forefront of shipping Wheat from Armenia to the United States.

Latest Trends

Feb 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. 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)$728k
IMPORTS (2022)$87.7M
NET TRADE (2022)-$87M

In 2022, Armenia exported $728k in Wheat. The main destinations of Armenia exports on Wheat were Georgia ($715k), United States ($11.6k), and Belgium ($810).

In 2022, Armenia imported $87.7M in Wheat, mainly from Russia ($86.8M), Georgia ($930k), United Kingdom ($3.02k), and Italy ($85).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Georgia$149k (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Armenia WERE (2021 - 2022):
United States-$15.4k (-57%)
Russia-$14.1k (-100%)
Belgium-$1.74k (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Wheat were:
In 2022, Armenia's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

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