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Trade between Armenia and China

In 2024, Armenia exported $1.1 billion to China and imported $1.7 billion. Armenia ran a deficit of $571 million with China, compared with a deficit of $528 million in 2019. China was Armenia’s 3rd largest trading partner (9% of its trade), and Armenia was China’s 112th (0.1%).

Summary

Armenia → China
$1.1billion
China → Armenia
$1.7billion
Armenia’s balance
-$571million

Balance

Armenia’s trade balance with China

Trade between Armenia and China grew 3,155.4-fold since 1995

USD billions (current). Armenia’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 1.1
  • Imports 1.7
  • Balance -0.6

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$65 thousand$812 thousand-$747 thousand
1996$0$664 thousand-$664 thousand
1997$0$3 million-$3 million
1998$58 thousand$781 thousand-$723 thousand
1999$78 thousand$13 million-$13 million
2000$2 million$2 million-$383 thousand
2001$156 thousand$4 million-$4 million
2002$4 million$8 million-$4 million
2003$5 million$10 million-$6 million
2004$23 million$19 million$4 million
2005$9 million$37 million-$27 million
2006$9 million$117 million-$108 million
2007$12 million$195 million-$183 million
2008$11 million$377 million-$365 million
2009$19 million$300 million-$281 million
2010$35 million$403 million-$367 million
2011$19 million$411 million-$392 million
2012$37 million$401 million-$365 million
2013$88 million$389 million-$301 million
2014$181 million$417 million-$236 million
2015$173 million$317 million-$145 million
2016$110 million$365 million-$255 million
2017$131 million$468 million-$337 million
2018$126 million$665 million-$539 million
2019$220 million$748 million-$528 million
2020$296 million$641 million-$345 million
2021$443 million$867 million-$424 million
2022$420 million$1.3 billion-$916 million
2023$425 million$1.6 billion-$1.2 billion
2024$1.1 billion$1.7 billion-$571 million

What they sell each other

What Armenia sells to China

The top 10 headings in 2024, with their share of the total.

  1. Gold$451 million · 41.1%
    7 tonnes · Armenia’s destinations
  2. Copper ore$435 million · 39.6%
    262 thousand tonnes · China’s sources
  3. Silver$128 million · 11.7%
    137 tonnes
  4. Molybdenum ore$36 million · 3.3%
    2 thousand tonnes
  5. Precious metal ore$10 million · 0.94%
    3 thousand tonnes
  6. 15 tonnes · China’s sources
  7. Ferroalloys$8 million · 0.76%
    280 tonnes · China’s sources
  8. Platinum$7 million · 0.6%
    China’s sources
  9. Cigarettes and cigars$6 million · 0.54%
    143 tonnes
  10. Gemstones$2 million · 0.2%
    1 thousand tonnes

What China sells to Armenia

The top 10 headings in 2024, with their share of the total.

  1. Computers$124 million · 7.5%
    391 tonnes · China’s destinations
  2. 356 tonnes
  3. Cars$71 million · 4.2%
    5 thousand tonnes · China’s destinations
  4. 21 thousand tonnes
  5. Trucks$44 million · 2.6%
    11 thousand tonnes · China’s destinations
  6. 2 thousand tonnes
  7. New tires$35 million · 2.1%
    11 thousand tonnes · China’s destinations
  8. 7 thousand tonnes
  9. Air conditioners$34 million · 2%
    4 thousand tonnes · China’s destinations
  10. Buses$27 million · 1.6%
    3 thousand tonnes

How it travels

Estimated sea route from Batumi (Georgia) to Shanghai.

The estimated sea route between Batumi (Georgia) and Shanghai is 15,470 nautical miles (28,650 km) long: ≈ 36–46 days at sea (at 18 and 14 knots).

Because of the 2024 disruptions, traffic is split: 85% via the Bosporus, the Dardanelles, the Strait of Gibraltar, the Cape of Good Hope and the Strait of Malacca and Singapore (15,470 nautical miles); and 15% via the Bosporus, the Dardanelles, the Suez Canal, the Bab-el-Mandeb Strait and the Strait of Malacca and Singapore (8,743 nautical miles).

Armenia is landlocked: it ships through Batumi (Georgia).

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$1.8 billion · 65.9%
  2. Air$942 million · 34.1%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

China was Armenia’s 3rd largest trading partner (9% of its trade), and Armenia was China’s 112th (0.1%).

China in Armenia’s trade
8.9%
China’s rank among Armenia’s partners
3rd
Armenia in China’s trade
0.1%
Armenia’s rank among China’s partners
112th

Compare with

Sources and methodology

Sources and licenses

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. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.