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Armenia: Trade Statistics

Exporter Rank

108 / 138

Importer Rank

109 / 138

Trade Balance Rank

74 / 138

Total Trade [1]

Total Exports (2021) $2,964,798,290
Total Imports (2021) $5,323,905,109
Trade Balance (2021) ($2,359,106,819)
Exports of goods and services (% of GDP) (2022) [2] 47.68%
Imports of goods and services (% of GDP) (2022) [2] 50.75%

Trade Partners [1]

Export Partners

Top 10 Export Countries

Country Export USD$
Russia $793,870,406
China $393,160,887
Switzerland $359,468,932
Bulgaria $198,428,016
Netherlands $191,190,961
Iraq $177,313,568
India $126,690,970
United States $80,812,288
Germany $77,500,537
United Arab Emirates $73,816,942

Import Partners

Top 10 Import Countries

Country Import USD$
Russia $1,784,986,186
China $861,774,883
Iran $437,562,703
Italy $223,592,475
Germany $208,649,881
Ukraine $143,130,714
Georgia $121,366,924
United States $106,933,780
India $89,284,101
France $83,524,215

Traded Goods [1] (at the 2-digit HS Code level)

Top 10 Export Goods

HS Code Export USD$
(26) Ores $923,205,726
(71) Precious Stones & Metals $326,276,337
(22) Beverages $291,761,095
(24) Tobacco $249,785,370
(72) Iron & Steel $201,086,472
(76) Aluminum $133,792,344
(62) Apparel: Non Knit $129,022,643
(08) Fruit & Nuts $64,052,028
(03) Seafood $63,367,120
(07) Vegetables $57,929,104

Top 10 Import Goods

HS Code Import USD$
(27) Oil & Mineral Fuels $908,326,404
(84) Industrial Machinery $512,552,667
(85) Electrical Machinery $382,245,805
(71) Precious Stones & Metals $247,570,630
(87) Motor Vehicles & Parts $237,742,063
(30) Pharmaceuticals $186,709,263
(39) Plastics $161,726,370
(72) Iron & Steel $123,256,176
(76) Aluminum $117,296,709
(90) Precision Instruments $114,660,345

Sources:

  1. UN Comtrade (2021) except where stated otherwise.
  2. The World Bank. Accessed: 10/8/2023
Armenia