2022
Exports
$25.6MWorld Rnk 100 / 195
Flag Rnk 22 / 96
2022
PRODUCT COMPLEXITY IN Food residues & wastes; animal fodder
-0.09Rnk 577 / 1025
2022
Imports
$102MWorld Rnk 99 / 225
Flag Rnk 17 / 96
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $25.6M in Food residues & wastes; animal fodder, making it the 100th largest exporter of Food residues & wastes; animal fodder in the world. At the same year, Food residues & wastes; animal fodder was the 22nd most exported product in Armenia. The main destination of Food residues & wastes; animal fodder exports from Armenia are: Russia ($23.6M), Kyrgyzstan ($1.67M), Georgia ($296k), Uzbekistan ($71.5k), and France ($15).

The fastest growing export markets for Food residues & wastes; animal fodder of Armenia between 2021 and 2022 were Russia ($23.4M), Georgia ($296k), and Uzbekistan ($41.5k).

Imports In 2022, Armenia imported $102M in Food residues & wastes; animal fodder, becoming the 99th largest importer of Food residues & wastes; animal fodder in the world. At the same year, Food residues & wastes; animal fodder was the 17th most imported product in Armenia. Armenia imports Food residues & wastes; animal fodder primarily from: Georgia ($23.9M), Italy ($22.4M), Russia ($14.7M), Germany ($6.47M), and Iran ($5.93M).

The fastest growing import markets in Food residues & wastes; animal fodder for Armenia between 2021 and 2022 were Italy ($10.7M), Georgia ($8.27M), and Iran ($4.93M).

Latest Trends

Jul 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 Food residues & wastes; animal fodder. 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)$25.6M
IMPORTS (2022)$102M
NET TRADE (2022)-$76.4M

In 2022, Armenia exported $25.6M in Food residues & wastes; animal fodder. The main destinations of Armenia exports on Food residues & wastes; animal fodder were Russia ($23.6M), Kyrgyzstan ($1.67M), Georgia ($296k), Uzbekistan ($71.5k), and France ($15).

In 2022, Armenia imported $102M in Food residues & wastes; animal fodder, mainly from Georgia ($23.9M), Italy ($22.4M), Russia ($14.7M), Germany ($6.47M), and Iran ($5.93M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Food residues & wastes; animal fodder EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$23.4M (12.5k%)
Georgia$296k (1%)
Uzbekistan$41.5k (138%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Food residues & wastes; animal fodder BY Armenia WERE (2021 - 2022):
Kyrgyzstan-$1M (-37.4%)
Kazakhstan-$54.4k (-100%)
United Arab Emirates-$3.66k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Food residues & wastes; animal fodder were:
In 2022, Armenia's main importing competitors in Food residues & wastes; animal fodder were:

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Trade Value of Food residues & wastes; animal fodder by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUzbekistan+ $82k
TOP IMPORT POTENTIALGermany+ $1.74M

Food residues & wastes; animal fodder’s highest export potential is Uzbekistan. With an export gap of $82k.   Food residues & wastes; animal fodder’s highest import potential is Germany with an import gap of $1.74M.

See methodology.

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