globaltraffic.earth

Trade between Armenia and the United Arab Emirates

In 2024, Armenia exported $5.3 billion to the United Arab Emirates and imported $82 million. Armenia ran a surplus of $5.2 billion with the United Arab Emirates, compared with a deficit of $94 million in 2019. The United Arab Emirates was Armenia’s 2nd largest trading partner (17% of its trade), and Armenia was the United Arab Emirates’ 23rd (0.9%).

Summary

Armenia → United Arab Emirates
$5.3billion
United Arab Emirates → Armenia
$82million
Armenia’s balance
$5.2billion

Balance

Armenia’s trade balance with the United Arab Emirates

Trade between Armenia and the United Arab Emirates grew 130.5-fold since 1997

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

  • Exports 5.3
  • Imports 0.1
  • Balance +5.2

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$0$0$0
1996$0$0$0
1997$3 million$38 million-$35 million
1998$0$0$0
1999$3 million$40 million-$38 million
2000$5 million$39 million-$33 million
2001$7 million$45 million-$37 million
2002$14 million$41 million-$27 million
2003$17 million$57 million-$40 million
2004$9 million$58 million-$50 million
2005$10 million$95 million-$84 million
2006$5 million$19 million-$14 million
2007$7 million$91 million-$83 million
2008$8 million$70 million-$62 million
2009$4 million$30 million-$26 million
2010$8 million$36 million-$28 million
2011$10 million$49 million-$39 million
2012$10 million$96 million-$87 million
2013$10 million$93 million-$83 million
2014$12 million$89 million-$77 million
2015$12 million$65 million-$54 million
2016$69 million$71 million-$2 million
2017$93 million$158 million-$64 million
2018$76 million$149 million-$73 million
2019$58 million$152 million-$94 million
2020$86 million$43 million$43 million
2021$75 million$131 million-$56 million
2022$536 million$2.1 billion-$1.5 billion
2023$2.3 billion$376 million$1.9 billion
2024$5.3 billion$82 million$5.2 billion

What they sell each other

What Armenia sells to the United Arab Emirates

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

  1. Gold$4 billion · 75.9%
    54 tonnes · Armenia’s destinations
  2. Jewelry$727 million · 13.8%
    10 tonnes · the United Arab Emirates’ sources
  3. Diamonds$311 million · 5.9%
    1 tonne · the United Arab Emirates’ sources
  4. Silver$155 million · 3%
    177 tonnes
  5. Cigarettes and cigars$58 million · 1.1%
    5 thousand tonnes
  6. Other processed tobacco$5 million · 0.09%
    40 tonnes
  7. Cars$4 million · 0.09%
    144 tonnes · the United Arab Emirates’ sources
  8. Motorcycles$1 million · 0.02%
    16 tonnes
  9. Computers$1 million · 0.02%
    2 tonnes · the United Arab Emirates’ sources
  10. Other precious metal articles$968 thousand · 0.02%

What the United Arab Emirates sells to Armenia

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

  1. Gold$26 million · 32.1%
    the United Arab Emirates’ destinations
  2. Refined petroleum$19 million · 23.6%
    20 thousand tonnes · the United Arab Emirates’ destinations
  3. Jewelry$9 million · 11%
    the United Arab Emirates’ destinations
  4. Other processed tobacco$8 million · 9.5%
    1 thousand tonnes
  5. 848 tonnes
  6. Glass bottles and jars$2 million · 2.6%
    1 thousand tonnes
  7. 110 tonnes
  8. Perfumes$2 million · 2.1%
    209 tonnes
  9. Steel structures$1 million · 1.5%
    698 tonnes
  10. Hair care$651 thousand · 0.79%
    209 tonnes

How it travels

Armenia and the United Arab Emirates traded $5.3 billion in 2024 (both directions together). They trade mostly by air: 98% of the value travels by plane.

Split by transport mode

  1. Sea$110 million · 2.1%
  2. Air$5.2 billion · 97.9%

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

How much each matters to the other

The United Arab Emirates was Armenia’s 2nd largest trading partner (17% of its trade), and Armenia was the United Arab Emirates’ 23rd (0.9%).

The United Arab Emirates in Armenia’s trade
17.2%
The United Arab Emirates’ rank among Armenia’s partners
2nd
Armenia in the United Arab Emirates’ trade
0.9%
Armenia’s rank among the United Arab Emirates’ partners
23rd

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.