2022
Exports
$352MWorld Rnk 48 / 217
Flag Rnk 4 / 96
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$71.8MWorld Rnk 119 / 225
Flag Rnk 28 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $352M in Beverages, spirits, & vinegar, making it the 48th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 4th most exported product in Armenia. The main destination of Beverages, spirits, & vinegar exports from Armenia are: Russia ($288M), United States ($12.9M), Belarus ($12.1M), Ukraine ($8.55M), and Kazakhstan ($4.59M).

The fastest growing export markets for Beverages, spirits, & vinegar of Armenia between 2021 and 2022 were Russia ($75.6M), United States ($948k), and Latvia ($898k).

Imports In 2022, Armenia imported $71.8M in Beverages, spirits, & vinegar, becoming the 119th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 28th most imported product in Armenia. Armenia imports Beverages, spirits, & vinegar primarily from: Georgia ($19M), Russia ($17M), Belarus ($6.16M), Poland ($4.52M), and Germany ($2.54M).

The fastest growing import markets in Beverages, spirits, & vinegar for Armenia between 2021 and 2022 were Belarus ($4.84M), Poland ($4.25M), and Georgia ($2.78M).

Latest Trends

Jul 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 Beverages, spirits, & vinegar. 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)$352M
IMPORTS (2022)$71.8M
NET TRADE (2022)$281M

In 2022, Armenia exported $352M in Beverages, spirits, & vinegar. The main destinations of Armenia exports on Beverages, spirits, & vinegar were Russia ($288M), United States ($12.9M), Belarus ($12.1M), Ukraine ($8.55M), and Kazakhstan ($4.59M).

In 2022, Armenia imported $71.8M in Beverages, spirits, & vinegar, mainly from Georgia ($19M), Russia ($17M), Belarus ($6.16M), Poland ($4.52M), and Germany ($2.54M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$75.6M (35.6%)
United States$948k (7.93%)
Latvia$898k (33.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Armenia WERE (2021 - 2022):
Ukraine-$8.37M (-49.5%)
Belarus-$5.67M (-31.9%)
Iraq-$690k (-71.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Armenia's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $17.5M
TOP IMPORT POTENTIALFrance+ $1.9M

Beverages, spirits, & vinegar’s highest export potential is United States. With an export gap of $17.5M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $1.9M.

See methodology.

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