2018
Exports
$360kWorld Rnk 93 / 142
Flag Rnk 369 / 945
2022
PRODUCT COMPLEXITY IN Alcohol > 80% ABV
-0.82Rnk 784 / 1025
2018
Imports
$482kWorld Rnk 133 / 209
Flag Rnk 697 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2018, Armenia exported $360k in Alcohol > 80% ABV, making it the 93rd largest exporter of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 369th most exported product in Armenia. The main destination of Alcohol > 80% ABV exports from Armenia are: Georgia ($186k), Iraq ($169k), and Iran ($5.2k).

The fastest growing export markets for Alcohol > 80% ABV of Armenia between 2021 and 2022 were Iraq ($169k) and Iran ($5.2k).

Imports In 2022, Armenia imported $482k in Alcohol > 80% ABV, becoming the 133rd largest importer of Alcohol > 80% ABV in the world. At the same year, Alcohol > 80% ABV was the 697th most imported product in Armenia. Armenia imports Alcohol > 80% ABV primarily from: Russia ($457k), Belarus ($24.6k), Georgia ($449), United Kingdom ($223), and Slovakia ($133).

The fastest growing import markets in Alcohol > 80% ABV for Armenia between 2021 and 2022 were Russia ($173k), United Kingdom ($223), and Slovakia ($133).

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 Alcohol > 80% ABV. 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)$360k
IMPORTS (2022)$482k
NET TRADE (2022)-$122k

In 2022, Armenia exported $360k in Alcohol > 80% ABV. The main destinations of Armenia exports on Alcohol > 80% ABV were Georgia ($186k), Iraq ($169k), and Iran ($5.2k).

In 2022, Armenia imported $482k in Alcohol > 80% ABV, mainly from Russia ($457k), Belarus ($24.6k), Georgia ($449), United Kingdom ($223), and Slovakia ($133).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Alcohol > 80% ABV EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Iraq$169k (1%)
Iran$5.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Alcohol > 80% ABV BY Armenia WERE (2021 - 2022):Georgia-$593k (-76.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Alcohol > 80% ABV were:
In 2022, Armenia's main importing competitors in Alcohol > 80% ABV were:

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Trade Value of Alcohol > 80% ABV by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $2.52k
TOP IMPORT POTENTIALUnited Kingdom+ $1.93k

Alcohol > 80% ABV’s highest export potential is Iran. With an export gap of $2.52k.   Alcohol > 80% ABV’s highest import potential is United Kingdom with an import gap of $1.93k.

See methodology.

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