2023
Exports
$4.23MWorld Rnk 72 / 179
Flag Rnk 144 / 973
2023
PRODUCT COMPLEXITY IN Other Nuts
-1.6Rnk 961 / 1025
2023
Imports
$23.7MWorld Rnk 66 / 220
Flag Rnk 103 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $4.23M in Other Nuts, making it the 72nd largest exporter of Other Nuts in the world. At the same year, Other Nuts was the 144th most exported product in Armenia. The main destination of Other Nuts exports from Armenia are: Russia ($4.01M), Belarus ($166k), Georgia ($40.4k), Curaçao ($14.2k), and United States ($2.12k).

The fastest growing export markets for Other Nuts of Armenia between 2022 and 2023 were Georgia ($40.4k), Curaçao ($7.78k), and United Kingdom ($1.58k).

Imports In 2023, Armenia imported $23.7M in Other Nuts, becoming the 66th largest importer of Other Nuts in the world. At the same year, Other Nuts was the 103rd most imported product in Armenia. Armenia imports Other Nuts primarily from: United States ($8.74M), Georgia ($7.11M), United Arab Emirates ($3.45M), China ($883k), and Ukraine ($779k).

The fastest growing import markets in Other Nuts for Armenia between 2022 and 2023 were United States ($4.51M), United Arab Emirates ($3.33M), and China ($868k).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Other 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 (2023)$4.23M
IMPORTS (2023)$23.7M
NET TRADE (2023)-$19.5M

In 2023, Armenia exported $4.23M in Other Nuts. The main destinations of Armenia exports on Other Nuts were Russia ($4.01M), Belarus ($166k), Georgia ($40.4k), Curaçao ($14.2k), and United States ($2.12k).

In 2023, Armenia imported $23.7M in Other Nuts, mainly from United States ($8.74M), Georgia ($7.11M), United Arab Emirates ($3.45M), China ($883k), and Ukraine ($779k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Nuts EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Georgia$40.4k (1%)
Curaçao$7.78k (122%)
United Kingdom$1.58k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Nuts BY Armenia WERE (2022 - 2023):
Belarus-$4.82M (-96.7%)
Russia-$674k (-14.4%)
Iran-$1.13k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Armenia's main exporting competitors in Other Nuts were:
In 2023, Armenia's main importing competitors in Other Nuts were:
China $1.89B
Germany $1.81B
India $1.54B

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Trade Value of Other Nuts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIran+ $15.5k
TOP IMPORT POTENTIALUnited States+ $1.11M

Other Nuts’s highest export potential is Iran. With an export gap of $15.5k.   Other Nuts’s highest import potential is United States with an import gap of $1.11M.

See methodology.

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