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Exports In 2023, Armenia exported $3.1k in Saffron, making it the 73rd largest exporter of Saffron in the world. At the same year, Saffron was the 2314th most exported product in Armenia. The main destination of Saffron exports from Armenia are: Russia ($3.1k).

The fastest growing export markets for Saffron of Armenia between 2022 and 2023 were Russia ($1.53k).

Imports In 2023, Armenia imported $3.03k in Saffron, becoming the 131st largest importer of Saffron in the world. At the same year, Saffron was the 3720th most imported product in Armenia. Armenia imports Saffron primarily from: Georgia ($2.75k), Italy ($222), and Iran ($54).

The fastest growing import markets in Saffron for Armenia between 2022 and 2023 were Georgia ($1.28k) and Italy ($222).

Historical Data

Trade Balance

Color
EXPORTS (2023)$3.1k
IMPORTS (2023)$3.03k
NET TRADE (2023)$70

In 2023, Armenia exported $3.1k in Saffron. The main destinations of Armenia exports on Saffron were Russia ($3.1k).

In 2023, Armenia imported $3.03k in Saffron, mainly from Georgia ($2.75k), Italy ($222), and Iran ($54).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Saffron EXPORT MARKETS FOR Armenia WERE (2022 - 2023):Russia$1.53k (97.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Saffron were:
In 2023, Armenia's main importing competitors in Saffron were:
Spain $45.5M
India $36.1M
China $26.7M

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Trade Value of Saffron by Exporters

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