2022
Exports
$26.3kWorld Rnk 133 / 182
Flag Rnk 692 / 945
2022
PRODUCT COMPLEXITY IN Vegetable Saps
-0.98Rnk 834 / 1025
2022
Imports
$5.29MWorld Rnk 82 / 210
Flag Rnk 265 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $26.3k in Vegetable Saps, making it the 133rd largest exporter of Vegetable Saps in the world. At the same year, Vegetable Saps was the 692nd most exported product in Armenia. The main destination of Vegetable Saps exports from Armenia are: Georgia ($18.8k), United States ($4.92k), Russia ($2.48k), Portugal ($114), and Belarus ($7).

The fastest growing export markets for Vegetable Saps of Armenia between 2021 and 2022 were Georgia ($15.7k), United States ($4.92k), and Portugal ($114).

Imports In 2022, Armenia imported $5.29M in Vegetable Saps, becoming the 82nd largest importer of Vegetable Saps in the world. At the same year, Vegetable Saps was the 265th most imported product in Armenia. Armenia imports Vegetable Saps primarily from: France ($2.05M), Ireland ($1.64M), Georgia ($1M), Italy ($270k), and Germany ($109k).

The fastest growing import markets in Vegetable Saps for Armenia between 2021 and 2022 were Georgia ($1M), Ireland ($846k), and Italy ($72.5k).

Latest Trends

Oct 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 Vegetable Saps. 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)$26.3k
IMPORTS (2022)$5.29M
NET TRADE (2022)-$5.27M

In 2022, Armenia exported $26.3k in Vegetable Saps. The main destinations of Armenia exports on Vegetable Saps were Georgia ($18.8k), United States ($4.92k), Russia ($2.48k), Portugal ($114), and Belarus ($7).

In 2022, Armenia imported $5.29M in Vegetable Saps, mainly from France ($2.05M), Ireland ($1.64M), Georgia ($1M), Italy ($270k), and Germany ($109k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vegetable Saps EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Georgia$15.7k (517%)
United States$4.92k (1%)
Portugal$114 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vegetable Saps BY Armenia WERE (2021 - 2022):
Russia-$2.86k (-53.5%)
Chile-$89 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Vegetable Saps were:
China $2.22B
India $1.06B
Spain $915M
In 2022, Armenia's main importing competitors in Vegetable Saps were:

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Trade Value of Vegetable Saps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $14.9k
TOP IMPORT POTENTIALItaly+ $141k

Vegetable Saps’s highest export potential is United States. With an export gap of $14.9k.   Vegetable Saps’s highest import potential is Italy with an import gap of $141k.

See methodology.

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