2022
Exports
$134kWorld Rnk 74 / 148
Flag Rnk 517 / 945
2022
PRODUCT COMPLEXITY IN Vinegar
0.2Rnk 488 / 1025
2022
Imports
$221kWorld Rnk 131 / 223
Flag Rnk 814 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $134k in Vinegar, making it the 74th largest exporter of Vinegar in the world. At the same year, Vinegar was the 517th most exported product in Armenia. The main destination of Vinegar exports from Armenia are: Russia ($123k), United States ($10.7k), Sweden ($440), Belgium ($410), and United Arab Emirates ($18).

The fastest growing export markets for Vinegar of Armenia between 2021 and 2022 were Russia ($123k), United States ($7.15k), and Belgium ($410).

Imports In 2022, Armenia imported $221k in Vinegar, becoming the 131st largest importer of Vinegar in the world. At the same year, Vinegar was the 814th most imported product in Armenia. Armenia imports Vinegar primarily from: Italy ($133k), Russia ($40.6k), Spain ($24.4k), China ($9.85k), and Poland ($3.23k).

The fastest growing import markets in Vinegar for Armenia between 2021 and 2022 were Italy ($69.4k), Spain ($21.7k), and China ($6.52k).

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 Vinegar. 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)$134k
IMPORTS (2022)$221k
NET TRADE (2022)-$86.5k

In 2022, Armenia exported $134k in Vinegar. The main destinations of Armenia exports on Vinegar were Russia ($123k), United States ($10.7k), Sweden ($440), Belgium ($410), and United Arab Emirates ($18).

In 2022, Armenia imported $221k in Vinegar, mainly from Italy ($133k), Russia ($40.6k), Spain ($24.4k), China ($9.85k), and Poland ($3.23k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Vinegar EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$123k (1.23M%)
United States$7.15k (203%)
Belgium$410 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Vinegar BY Armenia WERE (2021 - 2022):Moldova-$1.32k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $20k
TOP IMPORT POTENTIALItaly+ $18.8k

Vinegar’s highest export potential is United States. With an export gap of $20k.   Vinegar’s highest import potential is Italy with an import gap of $18.8k.

See methodology.

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