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Armenia Trade Summary

2019

Armenia exports, imports, tariff by year.
Armenia monthly trade data
Armenia quarterly trade data

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 2019

Overall Exports and Imports for Armenia 2019

Exports and imports of Armenia in 2019 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,619 million.
  • The total value of imports (CIF) was 5,063 million.
  • At the HS6 digit level, 1,917 products were exported to 92 countries and 3,906 products were imported from 179 countries.

Armenia top 5 Export and Import partners 2019

Top five countries to which Armenia exported in 2019 are below, along with the percent of total exports that went to that country:

  1. Armenia exports to Russian Federation worth US$ 718 million, with a partner share of 27.44 percent.
  2. Armenia exports to Switzerland worth US$ 458 million, with a partner share of 17.48 percent.
  3. Armenia exports to Bulgaria worth US$ 207 million, with a partner share of 7.92 percent.
  4. Armenia exports to China worth US$ 194 million, with a partner share of 7.40 percent.
  5. Armenia exports to Iraq worth US$ 177 million, with a partner share of 6.77 percent.

Top five countries from which Armenia imported goods in 2019 are below, along with percent of total imports that came from the country :

  1. Armenia imports from Russian Federation worth US$ 1,483 million, with a partner share of 29.30 percent.
  2. Armenia imports from China worth US$ 748 million, with a partner share of 14.77 percent.
  3. Armenia imports from Iran, Islamic Rep. worth US$ 325 million, with a partner share of 6.42 percent.
  4. Armenia imports from Turkey worth US$ 265 million, with a partner share of 5.24 percent.
  5. Armenia imports from Germany worth US$ 254 million, with a partner share of 5.01 percent.

Armenia Top 5 Productsexports imports at HS 6 digit level 2019

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

  1. Armenia exported Copper ores and concentrates , worth US$ 626,668.42 million.
  2. Armenia exported Cigarettes containing tobacco , worth US$ 272,920.11 million.
  3. Armenia exported Spirits from distilled grape wine or marc , worth US$ 246,141.36 million.
  4. Armenia exported Gold in oth semi-manufactured forms,non-monetar , worth US$ 215,330.08 million.
  5. Armenia exported Ferro-molybdenum , worth US$ 142,425.71 million.

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

  1. Armenia imported Natural gas in gaseous state , worth US$ 419,048.89 million.
  2. Armenia imported Petroleum oils, etc, (excl. crude); preparation , worth US$ 297,223.91 million.
  3. Armenia imported Other medicaments of mixed or unmixed products, , worth US$ 159,992.32 million.
  4. Armenia imported Transmission apparatus, for radioteleph incorpo , worth US$ 145,137.27 million.
  5. Armenia imported Gold in unwrought forms non-monetary , worth US$ 112,487.68 million.

Exports and Imports of Product Groups 2019

Exports and imports of products by stages of processing in 2019 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2019

Tariffs imposed by Armenia in 2019 are below

  • The maximum rate of tariff in percentage on any product was 3,000 percent.
  • The simple average tariff across all products was 6.30 percent.
  • The trade weighted average tariff was 4.09 .
  • The total duty free imports in thousands of US dollars were 2,229,356.46 and duty free tariff line items share was 30.81 percent.

Development Indicators 2019

Key Development Indicators of Armenia in 2019 are below

  • Armenia GDP in current US dollar was 13,619 million.
  • GNI per capita, Atlas method (current US$) was 4,880.00 .
  • Armenia Trade balance: as % of GDP was -13.41.
  • Trade balance in current US$ was -1,827.00 million.
  • Trade as percentage of GDP was 96.11 .
  • Trade in services as percentage of GDP was 36.38 .

Trade Indicators 2019

Trade Indicators for Armenia in 2019 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 2.21.
  • World Growth in percentage was -1.73 and Armenia Country Growth was 11.34 .