China / Armenia

Overview In October 2024, China exported $116M and imported $68.2M from Armenia, resulting in a positive trade balance of $47.4M. Between October 2023 and October 2024 the exports of China have increased by $63.9M (124%) from $51.7M to $116M, while imports decreased by $-37.1M (-35.2%) from $105M to $68.2M.

Trade In October 2024, the top exports of China to Armenia were Telephones ($3.71M), Rubber Tires ($1.97M), Casting Machines ($1.96M), Delivery Trucks ($1.46M), and Cars ($1.42M). In October 2024 the top imports of China from Armenia were Copper Ore ($56.3M), Non-Knit Women's Coats ($1.92M), Molybdenum Ore ($1.61M), Non-Knit Men's Coats ($624k), and Hard Liquor ($390k).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($36.6M), Zhejiang Province ($25.8M), Shandong Province ($10.4M), Jiangsu Province ($7.12M), and Hebei Province ($6.37M), while imports destinations were mainly Shandong Province ($30.6M), Liaoning Province ($5.95M), Hunan Province ($5.49M), Hubei Province ($4.59M), and Xingjiang Uygur Autonomous Region ($4.09M).

Growth In October 2024, the increase in China's year-by-year exports to Armenia was explained primarily by an increase in product exports in Telephones ($3.57M or 2.54k%), Casting Machines ($1.93M or 6.26k%), and Cars ($1.39M or 5.61k%). In October 2024, the decrease in China's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in Molybdenum Ore ($-9.09M or -84.9%), Copper Ore ($-7.23M or -11.4%), and Non-Knit Men's Coats ($-1.07M or -63.1%).