2022
Exports
$78.7kWorld Rnk 95 / 149
Flag Rnk 576 / 945
2022
PRODUCT COMPLEXITY IN Ground Nuts
-2.21Rnk 1007 / 1025
2022
Imports
$2.72MWorld Rnk 91 / 201
Flag Rnk 385 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $78.7k in Ground Nuts, making it the 95th largest exporter of Ground Nuts in the world. At the same year, Ground Nuts was the 576th most exported product in Armenia. The main destination of Ground Nuts exports from Armenia are: Russia ($78.7k).

The fastest growing export markets for Ground Nuts of Armenia between 2021 and 2022 were Russia ($64.6k).

Imports In 2022, Armenia imported $2.72M in Ground Nuts, becoming the 91st largest importer of Ground Nuts in the world. At the same year, Ground Nuts was the 385th most imported product in Armenia. Armenia imports Ground Nuts primarily from: China ($1.44M), United Arab Emirates ($426k), Argentina ($171k), Egypt ($171k), and Belarus ($168k).

The fastest growing import markets in Ground Nuts for Armenia between 2021 and 2022 were China ($788k), Brazil ($58.1k), and Egypt ($40.3k).

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 Ground Nuts. 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)$78.7k
IMPORTS (2022)$2.72M
NET TRADE (2022)-$2.64M

In 2022, Armenia exported $78.7k in Ground Nuts. The main destinations of Armenia exports on Ground Nuts were Russia ($78.7k).

In 2022, Armenia imported $2.72M in Ground Nuts, mainly from China ($1.44M), United Arab Emirates ($426k), Argentina ($171k), Egypt ($171k), and Belarus ($168k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ground Nuts EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Russia$64.6k (458%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Ground Nuts were:
In 2022, Armenia's main importing competitors in Ground Nuts were:

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Trade Value of Ground Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $16.2k
TOP IMPORT POTENTIALIndia+ $296k

Ground Nuts’s highest export potential is Russia. With an export gap of $16.2k.   Ground Nuts’s highest import potential is India with an import gap of $296k.

See methodology.

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