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%).