2022
Exports
$275kWorld Rnk 90 / 161
Flag Rnk 401 / 945
2022
PRODUCT COMPLEXITY IN Bananas
-1.99Rnk 1001 / 1025
2022
Imports
$3.42MWorld Rnk 94 / 196
Flag Rnk 343 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $275k in Bananas, making it the 90th largest exporter of Bananas in the world. At the same year, Bananas was the 401st most exported product in Armenia. The main destination of Bananas exports from Armenia are: Russia ($266k), Georgia ($5.44k), Czechia ($2.62k), Lithuania ($841), and United States ($230).

The fastest growing export markets for Bananas of Armenia between 2021 and 2022 were Russia ($265k), Georgia ($5.44k), and Czechia ($2.62k).

Imports In 2022, Armenia imported $3.42M in Bananas, becoming the 94th largest importer of Bananas in the world. At the same year, Bananas was the 343rd most imported product in Armenia. Armenia imports Bananas primarily from: Ecuador ($2.12M), Georgia ($1.3M), Russia ($1.9k), Spain ($1.09k), and Turkey ($1.05k).

The fastest growing import markets in Bananas for Armenia between 2021 and 2022 were Georgia ($98.6k), Spain ($1.09k), and Turkey ($1.05k).

Latest Trends

Sep 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 Bananas. 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)$275k
IMPORTS (2022)$3.42M
NET TRADE (2022)-$3.15M

In 2022, Armenia exported $275k in Bananas. The main destinations of Armenia exports on Bananas were Russia ($266k), Georgia ($5.44k), Czechia ($2.62k), Lithuania ($841), and United States ($230).

In 2022, Armenia imported $3.42M in Bananas, mainly from Ecuador ($2.12M), Georgia ($1.3M), Russia ($1.9k), Spain ($1.09k), and Turkey ($1.05k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bananas EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$265k (24.2k%)
Georgia$5.44k (1%)
Czechia$2.62k (1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Bananas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALCzechia+ $7.58k
TOP IMPORT POTENTIALColombia+ $8.34k

Bananas’s highest export potential is Czechia. With an export gap of $7.58k.   Bananas’s highest import potential is Colombia with an import gap of $8.34k.

See methodology.

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