Overview In 2021, Armenia was the number 133 economy in the world in terms of GDP (current US$), the number 133 in total exports, the number 135 in total imports, the number 121 economy in terms of GDP per capita (current US$) and the number 71 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Armenia are Copper Ore ($844M), Gold ($256M), Hard Liquor ($246M), Ferroalloys ($242M), and Rolled Tobacco ($238M), exporting mostly to Russia ($789M), China ($443M), Switzerland ($364M), India ($249M), and Bulgaria ($199M).
Imports The top imports of Armenia are Petroleum Gas ($430M), Refined Petroleum ($313M), Cars ($124M), Packaged Medicaments ($110M), and Broadcasting Equipment ($90.3M), importing mostly from Russia ($1.82B), China ($696M), Iran ($406M), Georgia ($255M), and Germany ($225M).
Location Armenia borders Azerbaijan, Georgia, Iran, and Turkey by land.