Summary
- Exports
- $13.4billion
- Imports
- $17.6billion
- Trade balance
- -$4.2billion
Products
What it exports
Gold (41.9%) and jewelry (6.8%) together make up 48.7% of its exports.
What it imports
Gold (33.8%) and cameras and broadcast equipment (4.7%) together make up 38.6% of its imports.
By Harmonized System chapter (96)
| Chapter | Exports | Imports |
|---|---|---|
| 71 · Gems and precious metals | $8.1 billion | $7.4 billion |
| 26 · Ores and slag | $1 billion | $12 million |
| 85 · Electrical and electronic equipment | $1 billion | $1.6 billion |
| 24 · Tobacco | $431 million | $140 million |
| 22 · Beverages and spirits | $412 million | $133 million |
| 62 · Woven clothing | $345 million | $219 million |
| 84 · Mechanical machinery | $326 million | $1.3 billion |
| 72 · Iron and steel | $257 million | $236 million |
| 90 · Precision and medical instruments | $141 million | $354 million |
| 61 · Knitted clothing | $111 million | $187 million |
| 87 · Vehicles | $100 million | $803 million |
| 76 · Aluminum | $100 million | $131 million |
| 27 · Oil, gas and coal | $84 million | $1.1 billion |
| 07 · Vegetables | $77 million | $37 million |
| 08 · Fruit and nuts | $59 million | $116 million |
| 03 · Fish and seafood | $59 million | $28 million |
| 39 · Plastics | $58 million | $269 million |
| 20 · Preserved fruit and vegetables | $58 million | $54 million |
| 01 · Live animals | $48 million | $17 million |
| 64 · Footwear | $46 million | $116 million |
| 94 · Furniture and lighting | $39 million | $155 million |
| 06 · Live plants and flowers | $38 million | $28 million |
| 30 · Pharmaceuticals | $33 million | $201 million |
| 88 · Aircraft and spacecraft | $26 million | $46 million |
| 04 · Dairy, eggs and honey | $26 million | $100 million |
| 42 · Leather goods and bags | $25 million | $51 million |
| 70 · Glass | $23 million | $70 million |
| 33 · Perfumes and cosmetics | $21 million | $132 million |
| 21 · Food preparations | $20 million | $63 million |
| 74 · Copper | $20 million | $20 million |
| 23 · Animal feed and food waste | $19 million | $92 million |
| 96 · Other manufactured goods | $18 million | $62 million |
| 18 · Cocoa and chocolate | $18 million | $87 million |
| 09 · Coffee, tea and spices | $17 million | $69 million |
| 55 · Synthetic staple fibers | $15 million | $62 million |
| 63 · Home textiles and used clothing | $15 million | $52 million |
| 40 · Rubber | $14 million | $108 million |
| 32 · Dyes, paints and tanning agents | $13 million | $65 million |
| 25 · Salt, stone and cement | $11 million | $42 million |
| 68 · Stone, plaster and cement articles | $10 million | $49 million |
| 91 · Watches and clocks | $9 million | $19 million |
| 16 · Prepared meat and fish | $9 million | $26 million |
| 69 · Ceramics | $9 million | $74 million |
| 28 · Inorganic chemicals | $9 million | $38 million |
| 38 · Miscellaneous chemicals | $8 million | $52 million |
| 78 · Lead | $8 million | $185 thousand |
| 83 · Miscellaneous metal goods | $8 million | $42 million |
| 73 · Iron and steel products | $8 million | $179 million |
| 82 · Tools and cutlery | $8 million | $31 million |
| 95 · Toys and sports gear | $6 million | $57 million |
| 57 · Carpets and rugs | $6 million | $22 million |
| 35 · Glues, starches and enzymes | $6 million | $16 million |
| 48 · Paper and paperboard | $6 million | $182 million |
| 29 · Organic chemicals | $5 million | $24 million |
| 34 · Soap and cleaning products | $5 million | $53 million |
| 02 · Meat and offal | $4 million | $136 million |
| 56 · Felt, nonwovens and rope | $4 million | $36 million |
| 81 · Other base metals | $4 million | $689 thousand |
| 12 · Oilseeds and grains | $4 million | $28 million |
| 65 · Hats | $4 million | $6 million |
| 19 · Baked goods and cereal products | $3 million | $78 million |
| 15 · Fats and oils | $3 million | $76 million |
| 86 · Railway equipment | $3 million | $5 million |
| 44 · Wood | $3 million | $93 million |
| 17 · Sugar and sweets | $3 million | $82 million |
| 43 · Fur and fur goods | $2 million | $2 million |
| 10 · Cereals | $2 million | $92 million |
| 05 · Other animal products | $1 million | $15 million |
| 97 · Art and antiques | $1 million | $3 million |
| 37 · Photographic goods | $944 thousand | $3 million |
| 52 · Cotton | $905 thousand | $28 million |
| 11 · Milling products and malt | $893 thousand | $17 million |
| 92 · Musical instruments | $776 thousand | $3 million |
| 60 · Knitted fabric | $703 thousand | $33 million |
| 59 · Coated and technical textiles | $680 thousand | $48 million |
| 67 · Feathers and artificial flowers | $674 thousand | $2 million |
| 49 · Books and printed matter | $607 thousand | $17 million |
| 54 · Synthetic filaments | $560 thousand | $71 million |
| 31 · Fertilizers | $502 thousand | $22 million |
| 66 · Umbrellas and canes | $151 thousand | $2 million |
| 89 · Ships and boats | $144 thousand | $2 million |
| 13 · Gums and plant extracts | $138 thousand | $20 million |
| 41 · Hides and leather | $135 thousand | $3 million |
| 75 · Nickel | $129 thousand | $256 thousand |
| 79 · Zinc | $119 thousand | $409 thousand |
| 58 · Special fabrics and lace | $85 thousand | $20 million |
| 50 · Silk | $83 thousand | $117 thousand |
| 45 · Cork | $80 thousand | $6 million |
| 14 · Other plant products | $50 thousand | $1 million |
| 36 · Explosives and matches | $42 thousand | $6 million |
| 51 · Wool | $35 thousand | $2 million |
| 46 · Wicker and basketware | $26 thousand | $670 thousand |
| 53 · Other plant fibers | $17 thousand | $2 million |
| 47 · Wood pulp | $15 thousand | $348 thousand |
| 80 · Tin | $44 | $334 thousand |
| 93 · Weapons and ammunition | $38 | $37 million |
Trading partners
Its main destination is the United Arab Emirates (39.2% of exports) and its main source is Russia (52.6% of imports).
Who it sells to
| Partner | Value (USD billions) | Share | Mode |
|---|---|---|---|
| United Arab Emirates | 5.3 | 39.2% | Air |
| Russia | 3.1 | 23.4% | Sea |
| Hong Kong | 1.8 | 13.3% | Air |
| China | 1.1 | 8.2% | Air |
| Iraq | 0.25 | 1.8% | Sea |
| Georgia | 0.24 | 1.8% | Land |
| Netherlands | 0.13 | 0.98% | Sea |
| Switzerland | 0.12 | 0.91% | Sea |
| Belgium | 0.12 | 0.89% | Sea |
| Belarus | 0.11 | 0.85% | Air |
Overview 1995–2024
In 2024, Armenia accounted for 0.06% of world exports, compared with 0% in 1995.
Exports and imports
Exports grew 206-fold since 1995
USD billions (current). Bars: trade balance (green surplus, red deficit).
- Exports 13.4
- Imports 17.6
- Balance -4.2
Source: CEPII BACI
Show the numbers
| Year | Exports | Imports | Trade balance |
|---|---|---|---|
| 1995 | $65 million | $150 million | -$85 million |
| 1996 | $122 million | $398 million | -$277 million |
| 1997 | $259 million | $874 million | -$616 million |
| 1998 | $197 million | $460 million | -$263 million |
| 1999 | $259 million | $884 million | -$624 million |
| 2000 | $348 million | $938 million | -$590 million |
| 2001 | $389 million | $956 million | -$567 million |
| 2002 | $546 million | $1.1 billion | -$538 million |
| 2003 | $803 million | $1.4 billion | -$586 million |
| 2004 | $795 million | $1.5 billion | -$695 million |
| 2005 | $1 billion | $2 billion | -$962 million |
| 2006 | $1.2 billion | $2.4 billion | -$1.2 billion |
| 2007 | $1.4 billion | $3.4 billion | -$2 billion |
| 2008 | $1.1 billion | $4.5 billion | -$3.4 billion |
| 2009 | $740 million | $3.5 billion | -$2.8 billion |
| 2010 | $1.1 billion | $3.9 billion | -$2.8 billion |
| 2011 | $1.6 billion | $4.4 billion | -$2.8 billion |
| 2012 | $1.7 billion | $4.5 billion | -$2.8 billion |
| 2013 | $1.6 billion | $4.6 billion | -$2.9 billion |
| 2014 | $1.8 billion | $4.5 billion | -$2.6 billion |
| 2015 | $1.7 billion | $3.5 billion | -$1.8 billion |
| 2016 | $2.2 billion | $3.5 billion | -$1.3 billion |
| 2017 | $2.7 billion | $4.3 billion | -$1.7 billion |
| 2018 | $3.2 billion | $5.1 billion | -$1.9 billion |
| 2019 | $3.6 billion | $5.4 billion | -$1.9 billion |
| 2020 | $3.3 billion | $4.6 billion | -$1.4 billion |
| 2021 | $3.7 billion | $5.7 billion | -$2 billion |
| 2022 | $6.1 billion | $11.4 billion | -$5.2 billion |
| 2023 | $9.2 billion | $13.8 billion | -$4.6 billion |
| 2024 | $13.4 billion | $17.6 billion | -$4.2 billion |
World rank
Armenia rose from 175th to 93rd among the world's exporters
Rank among 222 countries by export value (1st at the top).
- 175th in 1995
- 93rd in 2024
Source: CEPII BACI
Show the numbers
| Year | Rank |
|---|---|
| 1995 | 175th |
| 1996 | 164th |
| 1997 | 156th |
| 1998 | 158th |
| 1999 | 156th |
| 2000 | 155th |
| 2001 | 153rd |
| 2002 | 145th |
| 2003 | 139th |
| 2004 | 146th |
| 2005 | 143rd |
| 2006 | 143rd |
| 2007 | 143rd |
| 2008 | 151st |
| 2009 | 159th |
| 2010 | 153rd |
| 2011 | 148th |
| 2012 | 145th |
| 2013 | 148th |
| 2014 | 145th |
| 2015 | 142nd |
| 2016 | 136th |
| 2017 | 135th |
| 2018 | 131st |
| 2019 | 130th |
| 2020 | 129th |
| 2021 | 133rd |
| 2022 | 121st |
| 2023 | 107th |
| 2024 | 93rd |
What it sells
Its top export group is still gems and precious metals: 60% in 2024
% of exports by Harmonized System chapter.
- Other 11%
- Iron and steel 2%
- Mechanical machinery 2%
- Woven clothing 3%
- Beverages and spirits 3%
- Tobacco 3%
- Electrical and electronic equipment 8%
- Ores and slag 8%
- Gems and precious metals 60%
Source: CEPII BACI
Show the numbers
| Chapter | 1995 | 2024 |
|---|---|---|
| Gems and precious metals | 54.3% | 60.3% |
| Ores and slag | 8.1% | 7.6% |
| Electrical and electronic equipment | 1.1% | 7.6% |
| Tobacco | 0% | 3.2% |
| Beverages and spirits | 0.87% | 3.1% |
| Woven clothing | 1.7% | 2.6% |
| Mechanical machinery | 0.75% | 2.4% |
| Iron and steel | 0.01% | 1.9% |
| Other | 33.2% | 11.4% |
Who it trades with
Russia went from 0% to 40% of Armenia's trade
% of total trade (exports + imports) with each partner.
- Russia 40%
- United Arab Emirates 17%
- China 9%
- Hong Kong 6%
- Vietnam 3%
Source: CEPII BACI
Show the numbers
| Partner | 1995 | 2024 |
|---|---|---|
| Russia | 0% | 40% |
| United Arab Emirates | 0% | 17.2% |
| China | 0.41% | 8.9% |
| Hong Kong | 0.03% | 5.9% |
| Vietnam | 0% | 2.9% |
Production hubs
Largest industrial emission sources (Climate TRACE, 2025)
No hubs above the globe threshold.
View on the globeSources and methodology
Sources and licenses
- CEPII BACI · Licence Ouverte Etalab 2.0
- Climate TRACE · CC BY 4.0 (emissions by asset; the 3 largest per country are shown)
- Kummu et al., gridded GDP · CC BY 4.0 (hubs aggregated by this site)
- Natural Earth · Public domain
Methodology
Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. Ranks are computed among the countries with data each year. Services are not included. Data up to 2024.