2023
Exports
$14.2kWorld Rnk 94 / 113
Flag Rnk 759 / 973
2023
PRODUCT COMPLEXITY IN Whey and other milk products
0.4Rnk 412 / 1025
2023
Imports
$1.46MWorld Rnk 101 / 203
Flag Rnk 529 / 1135
2023
ECONOMIC COMPLEXITY of Armenia
0.094Rnk 57 / 132

About

Exports In 2023, Armenia exported $14.2k in Whey and other milk products, making it the 94th largest exporter of Whey and other milk products in the world. At the same year, Whey and other milk products was the 759th most exported product in Armenia. The main destination of Whey and other milk products exports from Armenia are: Russia ($12.2k) and Bahrain ($1.99k).

The fastest growing export markets for Whey and other milk products of Armenia between N/A and 2023 were Russia ($12.2k) and Bahrain ($1.99k).

Imports In 2023, Armenia imported $1.46M in Whey and other milk products, becoming the 101st largest importer of Whey and other milk products in the world. At the same year, Whey and other milk products was the 529th most imported product in Armenia. Armenia imports Whey and other milk products primarily from: Russia ($677k), Belarus ($453k), Curaçao ($307k), France ($8.97k), and Germany ($5.51k).

The fastest growing import markets in Whey and other milk products for Armenia between 2022 and 2023 were Curaçao ($307k), Belarus ($271k), and Russia ($129k).

Latest Trends

Dec 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 Whey and other milk products. 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 (2023)$14.2k
IMPORTS (2023)$1.46M
NET TRADE (2023)-$1.44M

In 2023, Armenia exported $14.2k in Whey and other milk products. The main destinations of Armenia exports on Whey and other milk products were Russia ($12.2k) and Bahrain ($1.99k).

In 2023, Armenia imported $1.46M in Whey and other milk products, mainly from Russia ($677k), Belarus ($453k), Curaçao ($307k), France ($8.97k), and Germany ($5.51k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Whey and other milk products EXPORT MARKETS FOR Armenia WERE (N/A - 2023):
Russia$12.2k (1%)
Bahrain$1.99k (1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Armenia's main exporting competitors in Whey and other milk products were:
In 2023, Armenia's main importing competitors in Whey and other milk products were:

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Trade Value of Whey and other milk products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $476
TOP IMPORT POTENTIALFrance+ $39.7k

Whey and other milk products’s highest export potential is China. With an export gap of $476.   Whey and other milk products’s highest import potential is France with an import gap of $39.7k.

See methodology.

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