2022
Exports
$250kWorld Rnk 98 / 175
Flag Rnk 414 / 945
2022
PRODUCT COMPLEXITY IN Frozen Vegetables
-0.82Rnk 783 / 1025
2022
Imports
$197kWorld Rnk 172 / 220
Flag Rnk 828 / 1142
2022
ECONOMIC COMPLEXITY of Armenia
0.00081Rnk 66 / 133

About

Exports In 2022, Armenia exported $250k in Frozen Vegetables, making it the 98th largest exporter of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 414th most exported product in Armenia. The main destination of Frozen Vegetables exports from Armenia are: Russia ($213k), Georgia ($36.2k), and United Arab Emirates ($142).

The fastest growing export markets for Frozen Vegetables of Armenia between 2021 and 2022 were Russia ($140k), Georgia ($36.2k), and United Arab Emirates ($57).

Imports In 2022, Armenia imported $197k in Frozen Vegetables, becoming the 172nd largest importer of Frozen Vegetables in the world. At the same year, Frozen Vegetables was the 828th most imported product in Armenia. Armenia imports Frozen Vegetables primarily from: Russia ($86.2k), China ($45.9k), Georgia ($40k), Poland ($15.8k), and Iran ($2.88k).

The fastest growing import markets in Frozen Vegetables for Armenia between 2021 and 2022 were Georgia ($39.7k), China ($30.1k), and Russia ($22.9k).

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 Frozen Vegetables. 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)$250k
IMPORTS (2022)$197k
NET TRADE (2022)$53k

In 2022, Armenia exported $250k in Frozen Vegetables. The main destinations of Armenia exports on Frozen Vegetables were Russia ($213k), Georgia ($36.2k), and United Arab Emirates ($142).

In 2022, Armenia imported $197k in Frozen Vegetables, mainly from Russia ($86.2k), China ($45.9k), Georgia ($40k), Poland ($15.8k), and Iran ($2.88k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Frozen Vegetables EXPORT MARKETS FOR Armenia WERE (2021 - 2022):
Russia$140k (192%)
Georgia$36.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Frozen Vegetables BY Armenia WERE (2021 - 2022):
Ukraine-$12.6k (-100%)
United States-$3 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Armenia's main exporting competitors in Frozen Vegetables were:
China $1.41B
Belgium $1.26B
Spain $703M
In 2022, Armenia's main importing competitors in Frozen Vegetables were:

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Trade Value of Frozen Vegetables by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGeorgia+ $3.02k
TOP IMPORT POTENTIALChina+ $47.8k

Frozen Vegetables’s highest export potential is Georgia. With an export gap of $3.02k.   Frozen Vegetables’s highest import potential is China with an import gap of $47.8k.

See methodology.

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