2018
Exports
$2.08kWorld Rnk 160 / 176
Flag Rnk 838 / 945
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2018
Imports
$6.33MWorld Rnk 159 / 221
Flag Rnk 232 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2018, Armenia exported $2.08k in Rice, making it the 160th largest exporter of Rice in the world. At the same year, Rice was the 838th most exported product in Armenia. The main destination of Rice exports from Armenia are: United States ($1.08k) and Russia ($1.01k).

The fastest growing export markets for Rice of Armenia between 2021 and 2022 were United States ($1.08k) and Russia ($1.01k).

Imports In 2022, Armenia imported $6.33M in Rice, becoming the 159th largest importer of Rice in the world. At the same year, Rice was the 232nd most imported product in Armenia. Armenia imports Rice primarily from: Thailand ($2.33M), Russia ($1.65M), Pakistan ($1.41M), India ($466k), and United Arab Emirates ($193k).

The fastest growing import markets in Rice for Armenia between 2021 and 2022 were Pakistan ($636k), Thailand ($604k), and Russia ($423k).

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 Rice. 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)$2.08k
IMPORTS (2022)$6.33M
NET TRADE (2022)-$6.33M

In 2022, Armenia exported $2.08k in Rice. The main destinations of Armenia exports on Rice were United States ($1.08k) and Russia ($1.01k).

In 2022, Armenia imported $6.33M in Rice, mainly from Thailand ($2.33M), Russia ($1.65M), Pakistan ($1.41M), India ($466k), and United Arab Emirates ($193k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
United States$1.08k (1%)
Russia$1.01k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Armenia WERE (2021 - 2022):Belarus-$1.67k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Armenia's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.41k
TOP IMPORT POTENTIALIndia+ $1.09M

Rice’s highest export potential is United States. With an export gap of $3.41k.   Rice’s highest import potential is India with an import gap of $1.09M.

See methodology.

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