Armenia trade statistics

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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 8,508,041.38 in thousands of US$ and total imports of 12,473,824.72 in thousands of US$ leading to a negative trade balance of -3,965,783.34 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Armenia is 3.86% and the Most Favored Nation (MFN) Weighted Average tariff is 6.50%.The trade growth is 33.27% compared to a world growth of -3.13%. GDP of Armenia is 24,085,749,592.34 in current US$. Armenia services export is 5,851,570,850.42 in BoP, current US$ and services import is 3,767,132,748.33 in Bop, current US$.Armenia exports of goods and services as percentage of GDP is 59.45% and imports of goods and services as percentage of GDP is 60.26%.

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