2023
Exports
$3.21kWorld Rnk 120 / 156
Flag Rnk 851 / 973
2023
PRODUCT COMPLEXITY IN Spice Seeds
-1.19Rnk 875 / 1025
2023
Imports
$114kWorld Rnk 133 / 215
Flag Rnk 903 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $3.21k in Spice Seeds, making it the 120th largest exporter of Spice Seeds in the world. At the same year, Spice Seeds was the 851st most exported product in Armenia. The main destination of Spice Seeds exports from Armenia are: France ($1.52k), Kazakhstan ($666), Georgia ($543), and Russia ($482).

The fastest growing export markets for Spice Seeds of Armenia between 2022 and 2023 were Russia ($482), Kazakhstan ($342), and Georgia ($288).

Imports In 2023, Armenia imported $114k in Spice Seeds, becoming the 133rd largest importer of Spice Seeds in the world. At the same year, Spice Seeds was the 903rd most imported product in Armenia. Armenia imports Spice Seeds primarily from: United Arab Emirates ($29.9k), India ($27.4k), Russia ($14k), Syria ($11.7k), and France ($6.49k).

The fastest growing import markets in Spice Seeds for Armenia between 2022 and 2023 were United Arab Emirates ($15.1k), France ($6.49k), and Syria ($6.24k).

Latest Trends

Dec 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 (2023)$3.21k
IMPORTS (2023)$114k
NET TRADE (2023)-$110k

In 2023, Armenia exported $3.21k in Spice Seeds. The main destinations of Armenia exports on Spice Seeds were France ($1.52k), Kazakhstan ($666), Georgia ($543), and Russia ($482).

In 2023, Armenia imported $114k in Spice Seeds, mainly from United Arab Emirates ($29.9k), India ($27.4k), Russia ($14k), Syria ($11.7k), and France ($6.49k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Spice Seeds EXPORT MARKETS FOR Armenia WERE (2022 - 2023):
Russia$482 (1%)
Kazakhstan$342 (106%)
Georgia$288 (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spice Seeds BY Armenia WERE (2022 - 2023):United States-$135 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Spice Seeds were:
India $786M
China $181M
Egypt $104M
In 2023, 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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