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Armenia Trade Summary

2020

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 2020

Overall Exports and Imports for Armenia 2020

Exports and imports of Armenia in 2020 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,332 million.
  • The total value of imports (CIF) was 4,451 million.
  • At the HS6 digit level, 1,995 products were exported to 95 countries and 3,848 products were imported from 164 countries.

Armenia top 5 Export and Import partners 2020

Top five countries to which Armenia exported in 2020 are below, along with the percent of total exports that went to that country:

  1. Armenia exports to Russian Federation worth US$ 611 million, with a partner share of 26.20 percent.
  2. Armenia exports to Switzerland worth US$ 426 million, with a partner share of 18.27 percent.
  3. Armenia exports to China worth US$ 265 million, with a partner share of 11.37 percent.
  4. Armenia exports to Iraq worth US$ 159 million, with a partner share of 6.81 percent.
  5. Armenia exports to Bulgaria worth US$ 143 million, with a partner share of 6.13 percent.

Top five countries from which Armenia imported goods in 2020 are below, along with percent of total imports that came from the country :

  1. Armenia imports from Russian Federation worth US$ 1,465 million, with a partner share of 32.92 percent.
  2. Armenia imports from China worth US$ 645 million, with a partner share of 14.49 percent.
  3. Armenia imports from Iran, Islamic Rep. worth US$ 316 million, with a partner share of 7.10 percent.
  4. Armenia imports from Germany worth US$ 226 million, with a partner share of 5.08 percent.
  5. Armenia imports from Turkey worth US$ 226 million, with a partner share of 5.08 percent.

Armenia Top 5 Productsexports imports at HS 6 digit level 2020

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 559,867.78 (US$ Thousands).
  2. Armenia exported Gold in oth semi-manufactured forms,non-monetar , worth 245,110.11 (US$ Thousands).
  3. Armenia exported Cigarettes containing tobacco , worth 231,442.65 (US$ Thousands).
  4. Armenia exported Spirits from distilled grape wine or marc , worth 182,957.93 (US$ Thousands).
  5. Armenia exported Molybdenum ores and concentrates (excl. roasted , worth 93,731.40 (US$ Thousands).

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 427,286.39 (US$ Thousands).
  2. Armenia imported Petroleum oils, etc, (excl. crude); preparation , worth 240,075.47 (US$ Thousands).
  3. Armenia imported Other medicaments of mixed or unmixed products, , worth 106,185.38 (US$ Thousands).
  4. Armenia imported Transmission apparatus, for radioteleph incorpo , worth 94,204.20 (US$ Thousands).
  5. Armenia imported Tobacco, partly or wholly stemmed/stripped , worth 72,383.07 (US$ Thousands).

Exports and Imports of Product Groups 2020

Exports and imports of products by stages of processing in 2020 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2020

Tariffs imposed by Armenia in 2020 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 4.81 percent.
  • The trade weighted average tariff was 3.11 .
  • The total duty free imports in thousands of US dollars were 2,173,762.21 and duty free tariff line items share was 31.03 percent.

Development Indicators 2020

Key Development Indicators of Armenia in 2020 are below

  • Armenia GDP in current US dollar was 12,642 million.
  • GNI per capita, Atlas method (current US$) was 4,470.00 .
  • Armenia Trade balance: as % of GDP was -9.96.
  • Trade balance in current US$ was -1,259.00 million.
  • Trade as percentage of GDP was 69.49 .
  • Trade in services as percentage of GDP was 16.46 .

Trade Indicators 2020

Trade Indicators for Armenia in 2020 are below

  • Hirschman Herfindahl market concentration index was 0.16.
  • Index of export market penetration was 2.23.
  • World Growth in percentage was -3.77 and Armenia Country Growth was 0.31 .