Gold in   Armenia

Exports In 2021, Armenia exported $256M in Gold, making it the 77th largest exporter of Gold in the world. At the same year, Gold was the 2nd most exported product in Armenia. The main destination of Gold exports from Armenia are: India ($248M), United Arab Emirates ($5.25M), Italy ($2.27M), Hong Kong ($140k), and Russia ($117k).

The fastest growing export markets for Gold of Armenia between 2020 and 2021 were India ($101M), Italy ($2.27M), and Hong Kong ($140k).

Imports In 2021, Armenia imported $77.2M in Gold, becoming the 61st largest importer of Gold in the world. At the same year, Gold was the 7th most imported product in Armenia. Armenia imports Gold primarily from: Russia ($57.5M), United Arab Emirates ($17.7M), United States ($1.32M), Switzerland ($337k), and Turkey ($230k).

Tariffs In 2018, the average tariff for Armenia in Gold was 9.15%. The countries with the highest import tariffs for Gold were Angola (Most Favoured Nation duty rate treatment, 9.57%), Burundi (Most Favoured Nation duty rate treatment, 9.57%), Benin (Most Favoured Nation duty rate treatment, 9.57%), Burkina Faso (Most Favoured Nation duty rate treatment, 9.57%), and Botswana (Most Favoured Nation duty rate treatment, 9.57%).