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Armenia Trade Summary

2008

Armenia exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR ARMENIA 2008

Overall Exports and Imports for Armenia 2008

Exports and imports of Armenia in 2008 are below, along with number of countries and products

  • The total value of exports (FoB) was 1,055 million.
  • The total value of imports (CIF) was 4,101 million.
  • At the HS6 digit level, 1,354 products were exported to 88 countries and 3,474 products were imported from 159 countries.

Armenia top 5 Export and Import partners 2008

Top five countries to which Armenia exported in 2008 are below, along with the percent of total exports that went to that country:

  1. Armenia exports to Russian Federation worth US$ 214 million, with a partner share of 20.31 percent.
  2. Armenia exports to Germany worth US$ 184 million, with a partner share of 17.40 percent.
  3. Armenia exports to Netherlands worth US$ 131 million, with a partner share of 12.41 percent.
  4. Armenia exports to Belgium worth US$ 91 million, with a partner share of 8.63 percent.
  5. Armenia exports to Georgia worth US$ 77 million, with a partner share of 7.30 percent.

Top five countries from which Armenia imported goods in 2008 are below, along with percent of total imports that came from the country :

  1. Armenia imports from Russian Federation worth US$ 835 million, with a partner share of 20.36 percent.
  2. Armenia imports from China worth US$ 376 million, with a partner share of 9.17 percent.
  3. Armenia imports from Ukraine worth US$ 310 million, with a partner share of 7.56 percent.
  4. Armenia imports from Turkey worth US$ 267 million, with a partner share of 6.52 percent.
  5. Armenia imports from Iran, Islamic Rep. worth US$ 201 million, with a partner share of 4.90 percent.

Armenia Top 5 Productsexports imports at HS 6 digit level 2008

The top five exported HS 6 digit level products to world by Armenia along with trade value are:

  1. Armenia exported Ferro-molybdenum , worth US$ 208,846.02 million.
  2. Armenia exported Spirits from distilled grape wine or marc , worth US$ 141,376.01 million.
  3. Armenia exported Diamonds non-industrial nes excluding mounted o , worth US$ 137,506.37 million.
  4. Armenia exported Copper ores and concentrates , worth US$ 101,560.34 million.
  5. Armenia exported Copper unrefined, copper anodes for electrolyti , worth US$ 63,254.08 million.

The top five imported HS 6 digit level products from world by Armenia along with trade value are

  1. Armenia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 369,371.20 million.
  2. Armenia imported Natural gas in gaseous state , worth US$ 247,980.15 million.
  3. Armenia imported Gold in oth semi-manufactured forms,non-monetar , worth US$ 153,110.90 million.
  4. Armenia imported Automobiles with reciprocating piston engine di , worth US$ 105,421.97 million.
  5. Armenia imported Durum wheat , worth US$ 87,863.96 million.

Exports and Imports of Product Groups 2008

Exports and imports of products by stages of processing in 2008 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2008

Tariffs imposed by Armenia in 2008 are below

  • The maximum rate of tariff in percentage on any product was 31.51 percent.
  • The simple average tariff across all products was 3.69 percent.
  • The trade weighted average tariff was 2.27 .
  • The total duty free imports in thousands of US dollars were 3,124,890.82 and duty free tariff line items share was 66.24 percent.

Development Indicators 2008

Key Development Indicators of Armenia in 2008 are below

  • Armenia GDP in current US dollar was 11,662 million.
  • GNI per capita, Atlas method (current US$) was 3,510.00 .
  • Armenia Trade balance: as % of GDP was -26.01.
  • Trade balance in current US$ was -3,033.00 million.
  • Trade as percentage of GDP was 54.54 .
  • Trade in services as percentage of GDP was 17.03 .

Trade Indicators 2008

Trade Indicators for Armenia in 2008 are below

  • Hirschman Herfindahl market concentration index was 0.11.
  • Index of export market penetration was 1.69.
  • World Growth in percentage was 7.43 and Armenia Country Growth was -6.57 .