2022
Exports
$8.87MWorld Rnk 92 / 201
Flag Rnk 71 / 945
2022
PRODUCT COMPLEXITY IN Flavored Water
-0.45Rnk 684 / 1025
2022
Imports
$29MWorld Rnk 107 / 225
Flag Rnk 56 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $8.87M in Flavored Water, making it the 92nd largest exporter of Flavored Water in the world. At the same year, Flavored Water was the 71st most exported product in Armenia. The main destination of Flavored Water exports from Armenia are: Russia ($7.09M), Georgia ($593k), United States ($551k), Kazakhstan ($128k), and Ukraine ($102k).

The fastest growing export markets for Flavored Water of Armenia between 2021 and 2022 were Russia ($3.66M), Georgia ($532k), and Iraq ($16.8k).

Imports In 2022, Armenia imported $29M in Flavored Water, becoming the 107th largest importer of Flavored Water in the world. At the same year, Flavored Water was the 56th most imported product in Armenia. Armenia imports Flavored Water primarily from: Georgia ($13.7M), Russia ($5.36M), Poland ($4.34M), Austria ($1.89M), and Romania ($770k).

The fastest growing import markets in Flavored Water for Armenia between 2021 and 2022 were Georgia ($8.68M), Poland ($4.21M), and Romania ($770k).

Latest Trends

Aug 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 Flavored Water. 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)$8.87M
IMPORTS (2022)$29M
NET TRADE (2022)-$20.1M

In 2022, Armenia exported $8.87M in Flavored Water. The main destinations of Armenia exports on Flavored Water were Russia ($7.09M), Georgia ($593k), United States ($551k), Kazakhstan ($128k), and Ukraine ($102k).

In 2022, Armenia imported $29M in Flavored Water, mainly from Georgia ($13.7M), Russia ($5.36M), Poland ($4.34M), Austria ($1.89M), and Romania ($770k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Flavored Water EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$3.66M (107%)
Georgia$532k (873%)
Iraq$16.8k (241%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Flavored Water BY Armenia WERE (2021 - 2022):
Kazakhstan-$192k (-60%)
Mongolia-$110k (-89.4%)
Iran-$103k (-99.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Flavored Water were:
In 2022, Armenia's main importing competitors in Flavored Water were:

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Trade Value of Flavored Water by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.24M
TOP IMPORT POTENTIALAustria+ $824k

Flavored Water’s highest export potential is United States. With an export gap of $1.24M.   Flavored Water’s highest import potential is Austria with an import gap of $824k.

See methodology.

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