2022
Exports
$618kWorld Rnk 95 / 168
Flag Rnk 312 / 945
2022
PRODUCT COMPLEXITY IN Onions
-2.01Rnk 1003 / 1025
2022
Imports
$4.04MWorld Rnk 114 / 219
Flag Rnk 318 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $618k in Onions, making it the 95th largest exporter of Onions in the world. At the same year, Onions was the 312th most exported product in Armenia. The main destination of Onions exports from Armenia are: Georgia ($555k), Russia ($53.2k), Belarus ($9.87k), and France ($233).

The fastest growing export markets for Onions of Armenia between 2021 and 2022 were Georgia ($555k), Belarus ($9.87k), and France ($233).

Imports In 2022, Armenia imported $4.04M in Onions, becoming the 114th largest importer of Onions in the world. At the same year, Onions was the 318th most imported product in Armenia. Armenia imports Onions primarily from: Iran ($2.41M), Georgia ($653k), Turkey ($615k), Russia ($245k), and China ($88.2k).

The fastest growing import markets in Onions for Armenia between 2021 and 2022 were Turkey ($615k), Georgia ($473k), and Iran ($48.5k).

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 Onions. 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)$618k
IMPORTS (2022)$4.04M
NET TRADE (2022)-$3.42M

In 2022, Armenia exported $618k in Onions. The main destinations of Armenia exports on Onions were Georgia ($555k), Russia ($53.2k), Belarus ($9.87k), and France ($233).

In 2022, Armenia imported $4.04M in Onions, mainly from Iran ($2.41M), Georgia ($653k), Turkey ($615k), Russia ($245k), and China ($88.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Onions EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$555k (408k%)
Belarus$9.87k (1%)
France$233 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Onions BY Armenia WERE (2021 - 2022):
Russia-$32.8k (-38.1%)
Kazakhstan-$358 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Onions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $18.1k
TOP IMPORT POTENTIALChina+ $162k

Onions’s highest export potential is Russia. With an export gap of $18.1k.   Onions’s highest import potential is China with an import gap of $162k.

See methodology.

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