2022
Exports
$162kWorld Rnk 119 / 166
Flag Rnk 481 / 945
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$34.2MWorld Rnk 83 / 224
Flag Rnk 41 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $162k in Concentrated Milk, making it the 119th largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 481st most exported product in Armenia. The main destination of Concentrated Milk exports from Armenia are: Russia ($162k) and Georgia ($226).

The fastest growing export markets for Concentrated Milk of Armenia between 2021 and 2022 were Russia ($86.9k).

Imports In 2022, Armenia imported $34.2M in Concentrated Milk, becoming the 83rd largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 41st most imported product in Armenia. Armenia imports Concentrated Milk primarily from: Belarus ($20.1M), Iran ($9.39M), Russia ($3.3M), Ukraine ($678k), and Kyrgyzstan ($369k).

The fastest growing import markets in Concentrated Milk for Armenia between 2021 and 2022 were Belarus ($7.06M), Iran ($5.8M), and Russia ($2.28M).

Latest Trends

Nov 2024

Subnational Monthly Trade

View
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 Concentrated Milk. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$162k
IMPORTS (2022)$34.2M
NET TRADE (2022)-$34M

In 2022, Armenia exported $162k in Concentrated Milk. The main destinations of Armenia exports on Concentrated Milk were Russia ($162k) and Georgia ($226).

In 2022, Armenia imported $34.2M in Concentrated Milk, mainly from Belarus ($20.1M), Iran ($9.39M), Russia ($3.3M), Ukraine ($678k), and Kyrgyzstan ($369k).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$86.9k (116%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Armenia WERE (2021 - 2022):Georgia-$1.1k (-83%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Armenia's main exporting competitors in Concentrated Milk were:
In 2022, Armenia's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

Explore Visualizations

Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.95k
TOP IMPORT POTENTIALFrance+ $222k

Concentrated Milk’s highest export potential is China. With an export gap of $1.95k.   Concentrated Milk’s highest import potential is France with an import gap of $222k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with