Wheat — Terms of trade in Armenia

Armenia: Wheat — Terms of trade was 232.09 % in 2024. ◆ Volatile

Latest (2024)
232.09 %
Change on year
down 74.3%
World rank
5th
of 80 countries
All-time high
903.38 %
in 2023
All-time low
0 %
in 2010
Years of data
15
2010–2024

Wheat — Terms of trade in Armenia, 2010–2024

02004006008001.0k2010201720242010: 0 %2011: 48.4 %2012: 0 %2013: 0 %2014: 115.4 %2015: 61.6 %2016: 122 %2017: 72.3 %2018: 199.8 %2019: 235 %2020: 171.6 %2021: 73.5 %2022: 48.8 %2023: 903.4 %2024: 232.1 %

Source: Food and Agriculture Organization of the United Nations. Measured in %.

Analysis

Armenia recorded 232.09 % for wheat — terms of trade in 2024.

The figure is down 74.3% on the previous year and up 101.1% over ten years.

Over the whole period, wheat — terms of trade in Armenia peaked at 903.38 % in 2023 and was at its lowest, 0 %, in 2010.

Armenia ranks 5th of 80 countries on this measure, in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
2010s 85.45 % 0 % 235 % 10
2020s 285.87 % 48.81 % 903.38 % 5

Countries ranked near Armenia

  1. 2 Trinidad and Tobago 3,170 % compare
  2. 3 Zambia 540.86 % compare
  3. 4 Burundi 534.09 % compare
  4. 6 Uruguay 226.28 % compare
  5. 7 Thailand 218.23 % compare
  6. 8 Zimbabwe 181 % compare

See the full ranking of 86 places →

More agriculture & rural data for Armenia

All data for Armenia →

Frequently asked questions

What is wheat — terms of trade in Armenia?
Wheat — terms of trade in Armenia was 232.09 % in 2024, according to Food and Agriculture Organization of the United Nations.
What is the highest wheat — terms of trade recorded in Armenia?
The highest recorded value was 903.38 % in 2023.
What is the lowest wheat — terms of trade recorded in Armenia?
The lowest recorded value was 0 % in 2010.
How does Armenia rank for wheat — terms of trade?
Armenia ranks 5th out of 80 countries with data for 2024.
Is wheat — terms of trade rising or falling in Armenia?
Over the last ten years it is up 101.1%. The long-run trend across the full record is volatile.
Where does this Armenia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Wheat — Terms of trade. Statizoid updates them automatically from the source API.

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Wheat — Terms of trade in Armenia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 20 August 2026, from https://agriculture.statizoid.com/stat/wheat-terms-of-trade/armenia/

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About this data

Indicator
Wheat — Terms of trade
Unit
%
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
86 places, 1,204 data points, 2010–2024
Last refreshed

The food and agricultural trade indicators dataset is based on trade, production and gross domestic product (GDP) data. Agri-food trade data are collected, processed and disseminated by FAO according to the standard International Merchandise Trade Statistics (IMTS) Methodology. The data is mainly provided by UNSD, Eurostat, and other national authorities as needed. The source data is checked for outliers, trade partner data is used for non-reporting countries or missing cells, and data on food aid is added to take total cross-border trade flows into account. The trade database includes the following variables: export quantity, export value, import quantity, and import value. It includes all food and agricultural products imported/exported annually by all countries in the world. Production data details are available at https://www.fao.org/faostat/en/#data/QCL and GDP data details are available at https://www.fao.org/faostat/en/#data/MK