Armenia’s Tea Trade: Export Trends, Import Markets, and Tariff Analysis

Armenia, a nation nestled in the picturesque landscapes of the South Caucasus, has made strides in the global tea market.

Tea Exports from Armenia

In 2021, Armenia exported tea valued at $136,000, positioning it as the 112th largest tea exporter worldwide. Within Armenia’s export portfolio, tea ranked as the 322nd most exported product during the same year. The leading destinations for Armenian tea exports were Russia, accounting for $105,000, followed by Iran at $10.6 thousand, the United States at $6.3 thousand, Georgia at $4.01 thousand, and Belgium at $3.66 thousand.

Emerging Export Markets

Armenia witnessed notable growth in its tea exports between 2020 and 2021, particularly in emerging markets. The fastest-growing export markets for Armenian tea during this period were Russia, showing an impressive increase of $61.2 thousand, followed by Iran at $10.6 thousand, and Belgium at $3.15 thousand. These figures demonstrate the expanding demand for Armenian tea in these emerging markets.

Where Does Armenia Export Its Tea (2021)

Continent	Country	Trade Value
Asia	United Arab Emirates	1,917
Asia	Georgia	4,009
Asia	Iran	10,612
Asia	Kazakhstan	768
Europe	Belgium	3,659
Europe	Czechia	55
Europe	France	2,269
Europe	Russia	105,385
North America	Canada	823
North America	United States	6,296

Tea Imports into Armenia

In 2021, Armenia imported tea worth $2.59 million, ranking it as the 122nd largest tea importer globally. Tea stood as the 307th most imported product within Armenia during the same year. Armenia primarily sourced its tea imports from Russia, accounting for imports worth $1.79 million, followed by Sri Lanka at $432 thousand, the United Arab Emirates at $152 thousand, Germany at $93.9 thousand, and China at $46.2 thousand.

Emerging Import Markets

Armenia’s tea imports experienced substantial growth between 2020 and 2021. The fastest-growing import markets for tea in Armenia during this period were Russia, with an increase of $117 thousand, Germany at $50.2 thousand, and Austria at $11.9 thousand. These figures highlight Armenia’s growing preference for tea from these countries and evolving consumer preferences within the nation.

Tariff Analysis

In 2019, the average tariff for tea in Armenia stood at 5.87%. The countries with the highest import tariffs for tea in Armenia were Botswana, applying a preferential tariff among developing countries at 7.69%, followed by Cote d’Ivoire, Cameroon, Republic of the Congo, and Cape Verde, all implementing preferential tariffs among developing countries at the same rate.

Where Does Armenia Import Its Tea (2021)

Continent	Country	Trade Value
Africa	Egypt	44
Africa	Kenya	119
Africa	Nigeria	15
Africa	South Africa	56
Asia	United Arab Emirates	152,429
Asia	China	46,175
Asia	Georgia	12,731
Asia	India	9,497
Asia	Iran	408
Asia	Japan	1,682
Asia	Kazakhstan	3,085
Asia	Sri Lanka	432,048
Asia	Syria	4,164
Asia	Turkey	12
Asia	Vietnam	147,760
Europe	Austria	13,688
Europe	Belgium	302
Europe	Bulgaria	1,426
Europe	Belarus	1,560
Europe	Germany	93,945
Europe	Spain	21
Europe	France	9,071
Europe	United Kingdom	2,454
Europe	Italy	536
Europe	Lithuania	1,620
Europe	Poland	36
Europe	Russia	179,1190
North America	United States	13

Vietnam Tea: A Popular and Reliable Choice for Armenia’s Imports

Vietnam tea has consistently been a popular and trustworthy choice for Armenia, thanks to its premium quality and competitive pricing. In 2021, Armenia imported tea from Vietnam with a total value of $147,760, marking a 5% increase compared to the previous year. Vietnam holds a significant position as an important supplier of tea to Armenia, catering to its tea requirements effectively.

Conclusion

Armenia’s tea trade showcases the nation’s growing presence in the global market. With tea exports to Russia, Iran, and Belgium on the rise, Armenia’s tea industry is gaining recognition for its quality products. Simultaneously, tea imports from Russia, Sri Lanka, and Germany highlight Armenia’s diverse range of tea sources and evolving consumer preferences. Understanding emerging markets and their demands, while also considering tariff policies, will be pivotal for Armenia’s tea trade growth. As Armenia continues to nurture its tea industry, fostering strong trade relationships and monitoring tariff regulations will be essential to drive sustainable development and capitalize on new trade opportunities in this dynamic sector.

Data: BACI