Overview In 2019 Armenia was the number 129 economy in the world in terms of GDP (current US$), the number 129 in total exports, the number 135 in total imports,
the number 109 economy in terms of GDP per capita (current US$) and the number 85 most complex economy according to the Economic Complexity Index (ECI).
Exports The top exports of Armenia are Copper Ore ($870M), Gold ($441M), Rolled Tobacco ($272M), Hard Liquor ($249M), and Ferroalloys ($240M), exporting mostly to Russia ($734M), Switzerland ($681M), China ($220M), Bulgaria ($208M), and Iraq ($177M).
Imports The top imports of Armenia are Petroleum Gas ($385M), Cars ($300M), Refined Petroleum ($269M), Broadcasting Equipment ($200M), and Diamonds ($128M), importing mostly from Russia ($1.44B), China ($525M), Georgia ($398M), Iran ($300M), and Turkey ($255M).
Location Armenia borders Azerbaijan, Georgia, Iran, and Turkey by land.