2023
Exports
$3.99kWorld Rnk 86 / 117
Flag Rnk 837 / 973
2023
PRODUCT COMPLEXITY IN Other Organic Compounds
0.52Rnk 362 / 1025
2023
Imports
$34.6kWorld Rnk 142 / 197
Flag Rnk 1001 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $3.99k in Other Organic Compounds, making it the 86th largest exporter of Other Organic Compounds in the world. At the same year, Other Organic Compounds was the 837th most exported product in Armenia. The main destination of Other Organic Compounds exports from Armenia are: Russia ($3.62k), Canada ($237), and Indonesia ($137).

The fastest growing export markets for Other Organic Compounds of Armenia between 2022 and 2023 were Indonesia ($137).

Imports In 2023, Armenia imported $34.6k in Other Organic Compounds, becoming the 142nd largest importer of Other Organic Compounds in the world. At the same year, Other Organic Compounds was the 1001st most imported product in Armenia. Armenia imports Other Organic Compounds primarily from: Switzerland ($12.5k), Curaçao ($12k), Netherlands ($2.65k), Belgium ($2.17k), and Canada ($2.02k).

The fastest growing import markets in Other Organic Compounds for Armenia between 2022 and 2023 were Switzerland ($10.4k), Curaçao ($9.27k), and Belgium ($2.17k).

Latest Trends

Jan 2025

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 Other Organic Compounds. 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)$3.99k
IMPORTS (2023)$34.6k
NET TRADE (2023)-$30.6k

In 2023, Armenia exported $3.99k in Other Organic Compounds. The main destinations of Armenia exports on Other Organic Compounds were Russia ($3.62k), Canada ($237), and Indonesia ($137).

In 2023, Armenia imported $34.6k in Other Organic Compounds, mainly from Switzerland ($12.5k), Curaçao ($12k), Netherlands ($2.65k), Belgium ($2.17k), and Canada ($2.02k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Organic Compounds EXPORT MARKETS FOR Armenia WERE (2022 - 2023):Indonesia$137 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Organic Compounds BY Armenia WERE (2022 - 2023):
Russia-$4.33k (-54.5%)
United States-$3.04k (-100%)
South Korea-$1.58k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Other Organic Compounds were:
In 2023, Armenia's main importing competitors in Other Organic Compounds were:

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Trade Value of Other Organic Compounds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.24k
TOP IMPORT POTENTIALIndia+ $43.8k

Other Organic Compounds’s highest export potential is United States. With an export gap of $5.24k.   Other Organic Compounds’s highest import potential is India with an import gap of $43.8k.

See methodology.

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