2023
Exports
$71.8kWorld Rnk 92 / 145
Flag Rnk 608 / 973
2023
PRODUCT COMPLEXITY IN Buckwheat
-1.65Rnk 966 / 1025
2023
Imports
$283kWorld Rnk 112 / 208
Flag Rnk 791 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $71.8k in Buckwheat, making it the 92nd largest exporter of Buckwheat in the world. At the same year, Buckwheat was the 608th most exported product in Armenia. The main destination of Buckwheat exports from Armenia are: United States ($68.9k), Kazakhstan ($1.73k), and Russia ($1.15k).

The fastest growing export markets for Buckwheat of Armenia between 2022 and 2023 were United States ($60.5k) and Russia ($1.15k).

Imports In 2023, Armenia imported $283k in Buckwheat, becoming the 112th largest importer of Buckwheat in the world. At the same year, Buckwheat was the 791st most imported product in Armenia. Armenia imports Buckwheat primarily from: Russia ($190k), Peru ($36.5k), Curaçao ($27.6k), United Arab Emirates ($15.2k), and Bulgaria ($3.31k).

The fastest growing import markets in Buckwheat for Armenia between 2022 and 2023 were Curaçao ($24k), United Arab Emirates ($14.9k), and Peru ($8k).

Latest Trends

Jan 2025

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 Buckwheat. 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 (2023)$71.8k
IMPORTS (2023)$283k
NET TRADE (2023)-$212k

In 2023, Armenia exported $71.8k in Buckwheat. The main destinations of Armenia exports on Buckwheat were United States ($68.9k), Kazakhstan ($1.73k), and Russia ($1.15k).

In 2023, Armenia imported $283k in Buckwheat, mainly from Russia ($190k), Peru ($36.5k), Curaçao ($27.6k), United Arab Emirates ($15.2k), and Bulgaria ($3.31k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Buckwheat EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
United States$60.5k (725%)
Russia$1.15k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Buckwheat were:
In 2023, Armenia's main importing competitors in Buckwheat were:

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Trade Value of Buckwheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.66k
TOP IMPORT POTENTIALPeru+ $13.8k

Buckwheat’s highest export potential is United States. With an export gap of $6.66k.   Buckwheat’s highest import potential is Peru with an import gap of $13.8k.

See methodology.

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