2022
Exports
$283kWorld Rnk 137 / 175
Flag Rnk 82 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$37.3MWorld Rnk 130 / 223
Flag Rnk 47 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $283k in Fertilizers, making it the 137th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 82nd most exported product in Armenia. The main destination of Fertilizers exports from Armenia are: Ecuador ($215k), Russia ($57.4k), Georgia ($9.9k), Lithuania ($509), and Slovenia ($3).

The fastest growing export markets for Fertilizers of Armenia between 2021 and 2022 were Ecuador ($215k), Russia ($57.4k), and Georgia ($9.89k).

Imports In 2022, Armenia imported $37.3M in Fertilizers, becoming the 130th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 47th most imported product in Armenia. Armenia imports Fertilizers primarily from: Russia ($14.8M), Georgia ($12.5M), Iran ($4.23M), Italy ($900k), and Kazakhstan ($737k).

The fastest growing import markets in Fertilizers for Armenia between 2021 and 2022 were Russia ($6.62M), Georgia ($6.6M), and Iran ($2.69M).

Latest Trends

Nov 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 Fertilizers. 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)$283k
IMPORTS (2022)$37.3M
NET TRADE (2022)-$37M

In 2022, Armenia exported $283k in Fertilizers. The main destinations of Armenia exports on Fertilizers were Ecuador ($215k), Russia ($57.4k), Georgia ($9.9k), Lithuania ($509), and Slovenia ($3).

In 2022, Armenia imported $37.3M in Fertilizers, mainly from Russia ($14.8M), Georgia ($12.5M), Iran ($4.23M), Italy ($900k), and Kazakhstan ($737k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Ecuador$215k (1%)
Russia$57.4k (1%)
Georgia$9.89k (65.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Armenia WERE (2021 - 2022):
Iran-$24.8k (-100%)
Uganda-$883 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, Armenia's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $10.7k
TOP IMPORT POTENTIALRussia+ $2.15M

Fertilizers’s highest export potential is Russia. With an export gap of $10.7k.   Fertilizers’s highest import potential is Russia with an import gap of $2.15M.

See methodology.

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