Loading..

Armenia Trade Summary

2022

Armenia exports, imports, tariff by year.

Country and Region
Year
For at a glance i.e. latest available trade, tariff, trade barriers and other trade related data Click Here.
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 2022

Overall Exports and Imports for Armenia 2022

Exports and imports of Armenia in 2022 are below, along with number of countries and products

  • The total value of exports (FoB) was 5,364 million.
  • The total value of imports (CIF) was 8,650 million.
  • At the HS6 digit level, 2,714 products were exported to 107 countries and 3,952 products were imported from 182 countries.

Armenia top 5 Export and Import partners 2022

Top five countries to which Armenia exported in 2022 are below, along with the percent of total exports that went to that country:

  1. Armenia exports to Russian Federation worth US$ 2,417 million, with a partner share of 45.06 percent.
  2. Armenia exports to United Arab Emirates worth US$ 534 million, with a partner share of 9.95 percent.
  3. Armenia exports to China worth US$ 370 million, with a partner share of 6.89 percent.
  4. Armenia exports to Switzerland worth US$ 254 million, with a partner share of 4.74 percent.
  5. Armenia exports to Iraq worth US$ 248 million, with a partner share of 4.62 percent.

Top five countries from which Armenia imported goods in 2022 are below, along with percent of total imports that came from the country :

  1. Armenia imports from Russian Federation worth US$ 2,637 million, with a partner share of 30.49 percent.
  2. Armenia imports from China worth US$ 1,330 million, with a partner share of 15.37 percent.
  3. Armenia imports from Iran, Islamic Rep. worth US$ 599 million, with a partner share of 6.93 percent.
  4. Armenia imports from Germany worth US$ 400 million, with a partner share of 4.62 percent.
  5. Armenia imports from United States worth US$ 356 million, with a partner share of 4.12 percent.

Armenia Top 5 Productsexports imports at HS 6 digit level 2022

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 662,893.36 (US$ Thousands).
  2. Armenia exported Diamonds non-industrial nes excluding mounted o , worth 336,043.99 (US$ Thousands).
  3. Armenia exported Cigarettes containing tobacco , worth 320,328.24 (US$ Thousands).
  4. Armenia exported Spirits from distilled grape wine or marc , worth 274,011.57 (US$ Thousands).
  5. Armenia exported Transmission apparatus, for radioteleph incorpo , worth 267,398.68 (US$ Thousands).

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 574,437.12 (US$ Thousands).
  2. Armenia imported Natural gas in gaseous state , worth 504,178.91 (US$ Thousands).
  3. Armenia imported Transmission apparatus, for radioteleph incorpo , worth 370,173.94 (US$ Thousands).
  4. Armenia imported Automobiles with reciprocating piston engine di , worth 331,840.40 (US$ Thousands).
  5. Armenia imported Diamonds non-industrial nes excluding mounted o , worth 246,856.03 (US$ Thousands).

Exports and Imports of Product Groups 2022

Exports and imports of products by stages of processing in 2022 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2022

Tariffs imposed by Armenia in 2022 are below

  • The maximum rate of tariff in percentage on any product was not available percent.
  • The simple average tariff across all products was not available percent.
  • The trade weighted average tariff was not available .
  • The total duty free imports in thousands of US dollars were not available and duty free tariff line items share was not available percent.

Development Indicators 2022

Key Development Indicators of Armenia in 2022 are below

  • Armenia GDP in current US dollar was 19,503 million.
  • GNI per capita, Atlas method (current US$) was 5,960.00 .
  • Armenia Trade balance: as % of GDP was -3.07.
  • Trade balance in current US$ was -598.00 million.
  • Trade as percentage of GDP was 98.43 .
  • Trade in services as percentage of GDP was 35.53 .

Trade Indicators 2022

Trade Indicators for Armenia in 2022 are below

  • Hirschman Herfindahl market concentration index was 0.15.
  • Index of export market penetration was 2.50.
  • World Growth in percentage was 5.18 and Armenia Country Growth was 1.17 .