2022
Exports
$5.68kWorld Rnk 138 / 160
Flag Rnk 798 / 945
2022
PRODUCT COMPLEXITY IN Corn
-1.16Rnk 869 / 1025
2022
Imports
$21.2MWorld Rnk 108 / 212
Flag Rnk 94 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $5.68k in Corn, making it the 138th largest exporter of Corn in the world. At the same year, Corn was the 798th most exported product in Armenia. The main destination of Corn exports from Armenia are: Angola ($5.13k), Russia ($503), and Luxembourg ($54).

The fastest growing export markets for Corn of Armenia between 2021 and 2022 were Angola ($5.13k) and Luxembourg ($54).

Imports In 2022, Armenia imported $21.2M in Corn, becoming the 108th largest importer of Corn in the world. At the same year, Corn was the 94th most imported product in Armenia. Armenia imports Corn primarily from: Russia ($20.8M), Georgia ($313k), Hungary ($90.2k), Turkey ($17.9k), and Poland ($6.84k).

The fastest growing import markets in Corn for Armenia between 2021 and 2022 were Russia ($13.2M), Hungary ($89.7k), and Turkey ($17.9k).

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 Corn. 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)$5.68k
IMPORTS (2022)$21.2M
NET TRADE (2022)-$21.2M

In 2022, Armenia exported $5.68k in Corn. The main destinations of Armenia exports on Corn were Angola ($5.13k), Russia ($503), and Luxembourg ($54).

In 2022, Armenia imported $21.2M in Corn, mainly from Russia ($20.8M), Georgia ($313k), Hungary ($90.2k), Turkey ($17.9k), and Poland ($6.84k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Corn EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Angola$5.13k (1%)
Luxembourg$54 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Corn BY Armenia WERE (2021 - 2022):
Iran-$525k (-100%)
Belgium-$411 (-100%)
Russia-$54 (-9.69%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Corn were:
In 2022, Armenia's main importing competitors in Corn were:
China $6.81B
Mexico $5.38B
Japan $5.12B

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Trade Value of Corn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALRussia+ $986
TOP IMPORT POTENTIALHungary+ $149k

Corn’s highest export potential is Russia. With an export gap of $986.   Corn’s highest import potential is Hungary with an import gap of $149k.

See methodology.

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