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Armenia Trade Summary

2021

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 2021

Overall Exports and Imports for Armenia 2021

Exports and imports of Armenia in 2021 are below, along with number of countries and products

  • The total value of exports (FoB) was 2,965 million.
  • The total value of imports (CIF) was 5,324 million.
  • At the HS6 digit level, 1,994 products were exported to 101 countries and 3,865 products were imported from 189 countries.

Armenia top 5 Export and Import partners 2021

Top five countries to which Armenia exported in 2021 are below, along with the percent of total exports that went to that country:

  1. Armenia exports to Russian Federation worth US$ 794 million, with a partner share of 26.78 percent.
  2. Armenia exports to China worth US$ 393 million, with a partner share of 13.26 percent.
  3. Armenia exports to Switzerland worth US$ 359 million, with a partner share of 12.12 percent.
  4. Armenia exports to Bulgaria worth US$ 198 million, with a partner share of 6.69 percent.
  5. Armenia exports to Netherlands worth US$ 191 million, with a partner share of 6.45 percent.

Top five countries from which Armenia imported goods in 2021 are below, along with percent of total imports that came from the country :

  1. Armenia imports from Russian Federation worth US$ 1,785 million, with a partner share of 33.53 percent.
  2. Armenia imports from China worth US$ 862 million, with a partner share of 16.19 percent.
  3. Armenia imports from Iran, Islamic Rep. worth US$ 438 million, with a partner share of 8.22 percent.
  4. Armenia imports from Italy worth US$ 224 million, with a partner share of 4.20 percent.
  5. Armenia imports from Germany worth US$ 209 million, with a partner share of 3.92 percent.

Armenia Top 5 Productsexports imports at HS 6 digit level 2021

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 769,257.60 (US$ Thousands).
  2. Armenia exported Cigarettes containing tobacco , worth 239,095.20 (US$ Thousands).
  3. Armenia exported Spirits from distilled grape wine or marc , worth 233,082.01 (US$ Thousands).
  4. Armenia exported Ferro-molybdenum , worth 188,739.24 (US$ Thousands).
  5. Armenia exported Gold in oth semi-manufactured forms,non-monetar , worth 130,659.61 (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 460,787.45 (US$ Thousands).
  2. Armenia imported Petroleum oils, etc, (excl. crude); preparation , worth 372,496.05 (US$ Thousands).
  3. Armenia imported Other medicaments of mixed or unmixed products, , worth 106,749.09 (US$ Thousands).
  4. Armenia imported Gold in unwrought forms non-monetary , worth 89,794.94 (US$ Thousands).
  5. Armenia imported Transmission apparatus, for radioteleph incorpo , worth 77,516.78 (US$ Thousands).

Exports and Imports of Product Groups 2021

Exports and imports of products by stages of processing in 2021 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2021

Tariffs imposed by Armenia in 2021 are below

  • The maximum rate of tariff in percentage on any product was 351.39 percent.
  • The simple average tariff across all products was 5.70 percent.
  • The trade weighted average tariff was 3.61 .
  • The total duty free imports in thousands of US dollars were 2,533,916.05 and duty free tariff line items share was 30.62 percent.

Development Indicators 2021

Key Development Indicators of Armenia in 2021 are below

  • Armenia GDP in current US dollar was 13,861 million.
  • GNI per capita, Atlas method (current US$) was 4,850.00 .
  • Armenia Trade balance: as % of GDP was -8.49.
  • Trade balance in current US$ was -1,177.00 million.
  • Trade as percentage of GDP was 79.17 .
  • Trade in services as percentage of GDP was 22.17 .

Trade Indicators 2021

Trade Indicators for Armenia in 2021 are below

  • Hirschman Herfindahl market concentration index was 0.19.
  • Index of export market penetration was 2.47.
  • World Growth in percentage was 12.50 and Armenia Country Growth was 5.94 .