2022
Exports
$84World Rnk 111 / 121
Flag Rnk 910 / 945
falsefalse Russia
2022
PRODUCT COMPLEXITY IN Vanilla
-1.9Rnk 988 / 1025
2022
Imports
$70.7kWorld Rnk 83 / 198
Flag Rnk 929 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $84 in Vanilla, making it the 111th largest exporter of Vanilla in the world. At the same year, Vanilla was the 910th most exported product in Armenia. The main destination of Vanilla exports from Armenia are: Russia ($84).

Imports In 2022, Armenia imported $70.7k in Vanilla, becoming the 83rd largest importer of Vanilla in the world. At the same year, Vanilla was the 929th most imported product in Armenia. Armenia imports Vanilla primarily from: Papua New Guinea ($34.2k), China ($22.5k), United Arab Emirates ($12.6k), French Polynesia ($690), and Madagascar ($503).

The fastest growing import markets in Vanilla for Armenia between 2021 and 2022 were Papua New Guinea ($34.2k), French Polynesia ($690), and France ($52).

Latest Trends

Jul 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 Vanilla. 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)$84
IMPORTS (2022)$70.7k
NET TRADE (2022)-$70.6k

In 2022, Armenia exported $84 in Vanilla. The main destinations of Armenia exports on Vanilla were Russia ($84).

In 2022, Armenia imported $70.7k in Vanilla, mainly from Papua New Guinea ($34.2k), China ($22.5k), United Arab Emirates ($12.6k), French Polynesia ($690), and Madagascar ($503).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vanilla BY Armenia WERE (2021 - 2022):Russia-$309 (-78.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Vanilla were:
In 2022, Armenia's main importing competitors in Vanilla were:

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Trade Value of Vanilla by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $422
TOP IMPORT POTENTIALMadagascar+ $2.59k

Vanilla’s highest export potential is United States. With an export gap of $422.   Vanilla’s highest import potential is Madagascar with an import gap of $2.59k.

See methodology.

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