Tuesday, August 6 2024 20:22

ArmInfo. According to the  results of 2023, the main sugar import markets for Armenia were  Russia and Brazil. Moreover, the share of Russian sugar exceeds the  volumes of Brazilian sugar, while for many years Brazil was the main  importer of sugar for Armenia.

In particular, according to customs data, in 2023, 36.2 thousand tons  of sugar (52.3%) were imported from Russia to Armenia, 32.2 thousand  tons (46.6%) from Brazil, and the remaining volumes were distributed  between Belarus, the United Kingdom, Belgium, Italy, Mauritius. Very  small volumes were imported from France, China, Switzerland,  Paraguay, Lebanon, Germany, Lebanon, Colombia, the Netherlands,  Bulgaria, Costa Rica, India, Mauritania, Laos, Poland and Spain. In  total, over 69,166 thousand tons of sugar were imported in the  reporting period, with a 9.6% annual decrease, and the customs value  decreased by 4.2% to $41.6 million.

The lion's share of sugar exports also went to the Russian market  (98.9%), the remaining volumes were supplied to the Georgian,  American, Bahraini and Kazakh markets. The total volume of sugar  exports amounted to 717.1 tons, which is 45.3% lower than the same  period last year, with a 34.2% decrease in customs value to $814  thousand.

We remind you that according to previously available data, 99.9% of  sugar imports to Armenia are accounted for by the Alex-Grig company,  owned by the family of Armenian oligarch Samvel Aleksanyan