2022
Exports
$848kWorld Rnk 83 / 197
Flag Rnk 273 / 945
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$3.58MWorld Rnk 110 / 223
Flag Rnk 335 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $848k in Tea, making it the 83rd largest exporter of Tea in the world. At the same year, Tea was the 273rd most exported product in Armenia. The main destination of Tea exports from Armenia are: Russia ($822k), United States ($11.1k), France ($4.06k), Belgium ($3.06k), and Georgia ($3.01k).

The fastest growing export markets for Tea of Armenia between 2021 and 2022 were Russia ($716k), United States ($4.65k), and France ($1.76k).

Imports In 2022, Armenia imported $3.58M in Tea, becoming the 110th largest importer of Tea in the world. At the same year, Tea was the 335th most imported product in Armenia. Armenia imports Tea primarily from: Russia ($1.74M), Germany ($659k), United Arab Emirates ($519k), Sri Lanka ($387k), and China ($106k).

The fastest growing import markets in Tea for Armenia between 2021 and 2022 were Germany ($565k), United Arab Emirates ($366k), and China ($58.4k).

Latest Trends

Sep 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 Tea. 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)$848k
IMPORTS (2022)$3.58M
NET TRADE (2022)-$2.74M

In 2022, Armenia exported $848k in Tea. The main destinations of Armenia exports on Tea were Russia ($822k), United States ($11.1k), France ($4.06k), Belgium ($3.06k), and Georgia ($3.01k).

In 2022, Armenia imported $3.58M in Tea, mainly from Russia ($1.74M), Germany ($659k), United Arab Emirates ($519k), Sri Lanka ($387k), and China ($106k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$716k (680%)
United States$4.65k (71.6%)
France$1.76k (76.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Armenia WERE (2021 - 2022):
Iran-$10.6k (-100%)
Georgia-$996 (-24.9%)
Canada-$823 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Armenia's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $37.8k
TOP IMPORT POTENTIALChina+ $160k

Tea’s highest export potential is United States. With an export gap of $37.8k.   Tea’s highest import potential is China with an import gap of $160k.

See methodology.

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