2023
Exports
$21.3MWorld Rnk 61 / 199
Flag Rnk 36 / 973
2023
PRODUCT COMPLEXITY IN Coffee
-1.51Rnk 945 / 1025
2023
Imports
$52.4MWorld Rnk 69 / 225
Flag Rnk 33 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $21.3M in Coffee, making it the 61st largest exporter of Coffee in the world. At the same year, Coffee was the 36th most exported product in Armenia. The main destination of Coffee exports from Armenia are: Russia ($19.3M), Georgia ($1.63M), Curaçao ($86.5k), Saudi Arabia ($66.4k), and Iraq ($54.1k).

The fastest growing export markets for Coffee of Armenia between 2022 and 2023 were Georgia ($543k), Iraq ($54.1k), and Netherlands ($32.6k).

Imports In 2023, Armenia imported $52.4M in Coffee, becoming the 69th largest importer of Coffee in the world. At the same year, Coffee was the 33rd most imported product in Armenia. Armenia imports Coffee primarily from: Indonesia ($30.2M), Vietnam ($4.84M), Italy ($2.9M), Russia ($2.01M), and Uganda ($1.91M).

The fastest growing import markets in Coffee for Armenia between 2022 and 2023 were Italy ($1.55M), Vietnam ($1M), and Brazil ($912k).

Latest Trends

Dec 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 Coffee. 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)$21.3M
IMPORTS (2023)$52.4M
NET TRADE (2023)-$31.1M

In 2023, Armenia exported $21.3M in Coffee. The main destinations of Armenia exports on Coffee were Russia ($19.3M), Georgia ($1.63M), Curaçao ($86.5k), Saudi Arabia ($66.4k), and Iraq ($54.1k).

In 2023, Armenia imported $52.4M in Coffee, mainly from Indonesia ($30.2M), Vietnam ($4.84M), Italy ($2.9M), Russia ($2.01M), and Uganda ($1.91M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coffee EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Georgia$543k (49.9%)
Iraq$54.1k (1%)
Netherlands$32.6k (544k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coffee BY Armenia WERE (2022 - 2023):
Russia-$1.36M (-6.58%)
Iran-$45.4k (-100%)
Moldova-$25.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Coffee by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $294k
TOP IMPORT POTENTIALBrazil+ $1.31M

Coffee’s highest export potential is Georgia. With an export gap of $294k.   Coffee’s highest import potential is Brazil with an import gap of $1.31M.

See methodology.

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