HS Icon Precious stones, metals, & pearls in  Flag Armenia

2021
Exports | Imports
: $436M | $193M, World Rnk 84 / 225
Flag Rnk 2 / 93 | World Rnk 76 / 225
Flag Rnk 5 / 96

2020 - 2021
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $101M | $51.9M, India |  Russia

2021
ECONOMIC COMPLEXITY of Armenia
: -0.19, Rnk 71 / 131

2021
PRODUCT COMPLEXITY IN Precious stones, metals, & pearls
: 0.57, Rnk 334 / 1029

Exports In 2021, Armenia exported $436M in Precious stones, metals, & pearls, making it the 84th largest exporter of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 2nd most exported product in Armenia. The main destination of Precious stones, metals, & pearls exports from Armenia are: India ($248M), Russia ($64.9M), United States ($36.1M), United Arab Emirates ($34M), and Belgium ($24.7M).

The fastest growing export markets for Precious stones, metals, & pearls of Armenia between 2020 and 2021 were India ($101M), United States ($25.2M), and Belgium ($9.12M).

Imports In 2021, Armenia imported $193M in Precious stones, metals, & pearls, becoming the 76th largest importer of Precious stones, metals, & pearls in the world. At the same year, Precious stones, metals, & pearls was the 5th most imported product in Armenia. Armenia imports Precious stones, metals, & pearls primarily from: Russia ($62.1M), United Arab Emirates ($36.6M), Belgium ($29.9M), India ($19.7M), and Hong Kong ($11.6M).

The fastest growing import markets in Precious stones, metals, & pearls for Armenia between 2020 and 2021 were Russia ($51.9M), United Arab Emirates ($19.6M), and Belgium ($12.2M).

Tariffs In 2018, the average tariff for Armenia in Precious stones, metals, & pearls was 10.3%. The countries with the highest import tariffs for Precious stones, metals, & pearls were Botswana (Preferential tariff among Developing Countries, 11.3%), Cote d'Ivoire (Preferential tariff among Developing Countries, 11.3%), Cameroon (Preferential tariff among Developing Countries, 11.3%), Republic of the Congo (Preferential tariff among Developing Countries, 11.3%), and Cape Verde (Preferential tariff among Developing Countries, 11.3%).

Apr 2023

Subnational Monthly Trade

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The following visualization shows the latest trends on Precious stones, metals, & pearls. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

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EXPORTS (2021): $436M

IMPORTS (2021): $193M

NET TRADE (2021): $243M

In 2021, Armenia exported $436M in Precious stones, metals, & pearls. The main destinations of Armenia exports on Precious stones, metals, & pearls were India ($248M), Russia ($64.9M), United States ($36.1M), United Arab Emirates ($34M), and Belgium ($24.7M).

In 2021, Armenia imported $193M in Precious stones, metals, & pearls, mainly from Russia ($62.1M), United Arab Emirates ($36.6M), Belgium ($29.9M), India ($19.7M), and Hong Kong ($11.6M).

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THE FASTEST GROWING Precious stones, metals, & pearls EXPORT MARKETS FOR Armenia WERE (2020 - 2021):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious stones, metals, & pearls BY Armenia WERE (2020 - 2021):

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Market Concentration

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In 2021, Armenia's main exporting competitors in Precious stones, metals, & pearls were:

In 2021, Armenia's main importing competitors in Precious stones, metals, & pearls were:

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