2022
Exports
$728kWorld Rnk 72 / 133
Flag Rnk 289 / 945
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$87.7MWorld Rnk 92 / 194
Flag Rnk 16 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $728k in Wheat, making it the 72nd largest exporter of Wheat in the world. At the same year, Wheat was the 289th most exported product in Armenia. The main destination of Wheat exports from Armenia are: Georgia ($715k), United States ($11.6k), and Belgium ($810).

The fastest growing export markets for Wheat of Armenia between 2021 and 2022 were Georgia ($149k).

Imports In 2022, Armenia imported $87.7M in Wheat, becoming the 92nd largest importer of Wheat in the world. At the same year, Wheat was the 16th most imported product in Armenia. Armenia imports Wheat primarily from: Russia ($86.8M), Georgia ($930k), United Kingdom ($3.02k), and Italy ($85).

The fastest growing import markets in Wheat for Armenia between 2021 and 2022 were Russia ($36.1M), Georgia ($560k), and United Kingdom ($3.02k).

Latest Trends

Aug 2024

Subnational Monthly Trade

View
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 Wheat. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2022)$728k
IMPORTS (2022)$87.7M
NET TRADE (2022)-$87M

In 2022, Armenia exported $728k in Wheat. The main destinations of Armenia exports on Wheat were Georgia ($715k), United States ($11.6k), and Belgium ($810).

In 2022, Armenia imported $87.7M in Wheat, mainly from Russia ($86.8M), Georgia ($930k), United Kingdom ($3.02k), and Italy ($85).

Explore Visualizations

Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Armenia WERE (2021 - 2022):Georgia$149k (26.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Armenia WERE (2021 - 2022):
United States-$15.4k (-57%)
Russia-$14.1k (-100%)
Belgium-$1.74k (-68.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, Armenia's main exporting competitors in Wheat were:
In 2022, Armenia's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

Explore Visualizations

Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $40.4k
TOP IMPORT POTENTIALUnited Kingdom+ $21.7k

Wheat’s highest export potential is United States. With an export gap of $40.4k.   Wheat’s highest import potential is United Kingdom with an import gap of $21.7k.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with