Overall Exports and Imports for Armenia 2023
- The total value of exports (FOB) is US$ 8,508 million.
- The total value of imports (CIF) is US$ 12,474 million.
- At the HS6 digit level, 2,852 products are exported to 105 countries and 3,965 products are imported from 188 countries.
Top 5 Products exports imports at HS 6 digit level 2023
The top five exported HS 6 digit level products to world by Armenia along with trade value are:
- Armenia exported Gold in unwrought forms non-monetary , worth 1,746,753.67 (US$ Thousands).
- Armenia exported Transmission apparatus, for radioteleph incorpo , worth 534,865.26 (US$ Thousands).
- Armenia exported Art. of jewellery and pts thereof of/o prec mtl , worth 492,714.93 (US$ Thousands).
- Armenia exported Copper ores and concentrates , worth 483,130.28 (US$ Thousands).
- Armenia exported Diamonds non-industrial nes excluding mounted o , worth 405,253.13 (US$ Thousands).
The top five imported HS 6 digit level products from world by Armenia along with trade value are
- Armenia imported Gold in unwrought forms non-monetary , worth 1,790,735.50 (US$ Thousands).
- Armenia imported Transmission apparatus, for radioteleph incorpo , worth 709,583.69 (US$ Thousands).
- Armenia imported Automobiles with reciprocating piston engine di , worth 608,154.64 (US$ Thousands).
- Armenia imported Petroleum oils, etc, (excl. crude); preparation , worth 504,365.94 (US$ Thousands).
- Armenia imported Natural gas in gaseous state , worth 470,131.21 (US$ Thousands).
Armenia top 5 Export and Import partners 2023
The top five countries to which Armenia exported 2023 along with the partner share in percentage are:
- Armenia exports to Russian Federation worth US$ 3,505 million, with a partner share of 41.20 percent.
- Armenia exports to United Arab Emirates worth US$ 2,224 million, with a partner share of 26.14 percent.
- Armenia exports to Hong Kong, China worth US$ 668 million, with a partner share of 7.86 percent.
- Armenia exports to China worth US$ 425 million, with a partner share of 5.00 percent.
- Armenia exports to Netherlands worth US$ 234 million, with a partner share of 2.75 percent.
The top five countries to which Armenia imported goods 2023 along with the share in percentage are
- Armenia imports from Russian Federation worth US$ 4,378 million, with a partner share of 35.10 percent.
- Armenia imports from China worth US$ 1,603 million, with a partner share of 12.85 percent.
- Armenia imports from Vietnam worth US$ 815 million, with a partner share of 6.54 percent.
- Armenia imports from Iran, Islamic Rep. worth US$ 597 million, with a partner share of 4.79 percent.
- Armenia imports from United States worth US$ 549 million, with a partner share of 4.40 percent.
Armenia Exports and Imports of Product Groups 2023
Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import.
- Armenia Raw materials exports are worth US$ 1,186 million, product share of 13.94%.
- Armenia Raw materials imports are worth US$ 875 million, product share of 7.02%.
- Armenia Intermediate goods exports are worth US$ 3,095 million, product share of 36.37%.
- Armenia Intermediate goods imports are worth US$ 3,802 million, product share of 30.48%.
- Armenia Consumer goods exports are worth US$ 2,973 million, product share of 34.95%.
- Armenia Consumer goods imports are worth US$ 5,010 million, product share of 40.17%.
- Armenia Capital goods exports are worth US$ 1,248 million, product share of 14.67%.
- Armenia Capital goods imports are worth US$ 2,777 million, product share of 22.26%.
Armenia Trade Indicators 2023
- Hirschman Herfindahl Market concentration index is 0.37.
- Index of export market penetration is 0.37.
- World Growth in percentage is 0.37 and Armenia Country Growth is 33.27.
Armenia Service Trade data from WDI 2023
- Armenia, Service imports (BoP, current US$) is 3,767,132,748.33.
- Armenia, Service exports (BoP, current US$) is 5,851,570,850.42.
- Armenia, Imports of goods and services as percentage of GDP is 60.26 %.
- Armenia, Exports of goods and services as percentage of GDP is 59.45 %.