2022
Exports
$2.12kWorld Rnk 121 / 145
Flag Rnk 837 / 945
2022
PRODUCT COMPLEXITY IN Spice Seeds
-1.2Rnk 880 / 1025
2022
Imports
$74.1kWorld Rnk 141 / 216
Flag Rnk 924 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $2.12k in Spice Seeds, making it the 121st largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 837th most exported product in Armenia. The main destination of Spice Seeds exports from Armenia are: France ($1.41k), Kazakhstan ($324), Georgia ($253), and United States ($135).

The fastest growing export markets for Spice Seeds of Armenia between 2021 and 2022 were France ($801), United States ($75), and Kazakhstan ($37).

Imports In 2022, Armenia imported $74.1k in Spice Seeds, becoming the 141st largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 924th most imported product in Armenia. Armenia imports Spice Seeds primarily from: India ($21.1k), United Arab Emirates ($16.7k), Russia ($15.3k), Iran ($6k), and Syria ($5.24k).

The fastest growing import markets in Spice Seeds for Armenia between 2021 and 2022 were Iran ($5.81k), Russia ($5.5k), and Pakistan ($2.76k).

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 Spice Seeds. 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)$2.12k
IMPORTS (2022)$74.1k
NET TRADE (2022)-$72k

In 2022, Armenia exported $2.12k in Spice Seeds. The main destinations of Armenia exports on Spice Seeds were France ($1.41k), Kazakhstan ($324), Georgia ($253), and United States ($135).

In 2022, Armenia imported $74.1k in Spice Seeds, mainly from India ($21.1k), United Arab Emirates ($16.7k), Russia ($15.3k), Iran ($6k), and Syria ($5.24k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
France$801 (131%)
United States$75 (125%)
Kazakhstan$37 (12.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Armenia WERE (2021 - 2022):
Belgium-$2.24k (-100%)
Georgia-$183 (-42%)
Russia-$137 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Spice Seeds were:
India $618M
Vietnam $89.5M
China $84.7M
In 2022, Armenia's main importing competitors in Spice Seeds were:

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Trade Value of Spice Seeds by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $1.19k
TOP IMPORT POTENTIALIndia+ $32k

Spice Seeds’s highest export potential is France. With an export gap of $1.19k.   Spice Seeds’s highest import potential is India with an import gap of $32k.

See methodology.

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