Armenia trade statistics


Exports, Imports, Products, Tariffs, GDP and related Development Indicator.


Country ISO3 : ARM Country Code : 051 Income Group : Lower middle income Lending Category : IBRD Region : Europe & Central Asia Currency Unit : Armenian dram WTO Member : Yes

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Product Exports and Imports

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Armenia had a total export of 2,144,962.97 in thousands of US$ and total imports of 3,893,454.90 in thousands of US$ leading to a negative trade balance of -1,748,491.93 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Armenia is 2.22% and the Most Favored Nation (MFN) Weighted Average tariff is 3.64%.The trade growth is 5.42% compared to a world growth of 1.50%. GDP of Armenia is 10,547,331,235 in current US$. Armenia services export is 1,609,996,783.90 in BoP, current US$ and services import is 1,733,940,738.50 in Bop, current US$.Armenia exports of goods and services as percentage of GDP is 33.14% and imports of goods and services as percentage of GDP is 43.31%.

Armenia Country Growth v/s World Growth v/s GDP Growth
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