Armenia trade statistics


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


Country ISO3 : ARM Country Code : 051 Income Group : Upper 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 2,964,798.29 in thousands of US$ and total imports of 5,323,905.11 in thousands of US$ leading to a negative trade balance of -2,359,106.82 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Armenia is 3.61% and the Most Favored Nation (MFN) Weighted Average tariff is 6.32%.The trade growth is 5.87% compared to a world growth of 12.59%. GDP of Armenia is 13,861,409,968.84 in current US$. Armenia services export is 1,735,248,966.55 in BoP, current US$ and services import is 1,338,342,326.74 in Bop, current US$.Armenia exports of goods and services as percentage of GDP is 35.34% and imports of goods and services as percentage of GDP is 43.83%.

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