2022
Exports
$24.1MWorld Rnk 75 / 189
Flag Rnk 26 / 945
2022
PRODUCT COMPLEXITY IN Animal Food
-0.27Rnk 637 / 1025
2022
Imports
$59.9MWorld Rnk 87 / 223
Flag Rnk 19 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $24.1M in Animal Food, making it the 75th largest exporter of Animal Food in the world. At the same year, Animal Food was the 26th most exported product in Armenia. The main destination of Animal Food exports from Armenia are: Russia ($22.3M), Kyrgyzstan ($1.67M), Uzbekistan ($71.5k), Georgia ($59.5k), and France ($15).

The fastest growing export markets for Animal Food of Armenia between 2021 and 2022 were Russia ($22.1M), Georgia ($59.5k), and Uzbekistan ($41.5k).

Imports In 2022, Armenia imported $59.9M in Animal Food, becoming the 87th largest importer of Animal Food in the world. At the same year, Animal Food was the 19th most imported product in Armenia. Armenia imports Animal Food primarily from: Italy ($22.4M), Russia ($8.73M), Georgia ($7.61M), Germany ($6.47M), and Iran ($5.93M).

The fastest growing import markets in Animal Food for Armenia between 2021 and 2022 were Italy ($10.7M), Iran ($4.93M), and Georgia ($4.78M).

Latest Trends

Aug 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 Animal Food. 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)$24.1M
IMPORTS (2022)$59.9M
NET TRADE (2022)-$35.8M

In 2022, Armenia exported $24.1M in Animal Food. The main destinations of Armenia exports on Animal Food were Russia ($22.3M), Kyrgyzstan ($1.67M), Uzbekistan ($71.5k), Georgia ($59.5k), and France ($15).

In 2022, Armenia imported $59.9M in Animal Food, mainly from Italy ($22.4M), Russia ($8.73M), Georgia ($7.61M), Germany ($6.47M), and Iran ($5.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Animal Food EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$22.1M (11.8k%)
Georgia$59.5k (1%)
Uzbekistan$41.5k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Animal Food BY Armenia WERE (2021 - 2022):
Kyrgyzstan-$799k (-32.3%)
Kazakhstan-$54.4k (-100%)
United Arab Emirates-$3.66k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Animal Food were:
In 2022, Armenia's main importing competitors in Animal Food were:

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Trade Value of Animal Food by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $105k
TOP IMPORT POTENTIALGermany+ $1.73M

Animal Food’s highest export potential is Georgia. With an export gap of $105k.   Animal Food’s highest import potential is Germany with an import gap of $1.73M.

See methodology.

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