Overview: This page contains the latest international trade data for Armenia, including service trade data, and tariffs. In 2018 Armenia was the number 135 economy in the world in terms of GDP (current US$), the number 126 in total exports, the number 132 in total imports, and the number 78 most complex economy according to the Economic Complexity Index (ECI). In 2018, Armenia exported $2.85B and imported $4.8B, resulting in a negative trade balance of -$1.95B. In 2018, Armenia's exports per capita were $964 and its imports per capita were $1.63k.
Trade: The top exports of Armenia are Copper Ore ($693M), Gold ($344M), Rolled Tobacco ($266M), Ferroalloys ($196M), and Hard Liquor ($195M). The top imports of Armenia are Petroleum Gas ($340M), Refined Petroleum ($227M), Diamonds ($175M), Cars ($174M), and Broadcasting Equipment ($140M).
Destinations: Armenia exports mostly to Russia ($661M), Switzerland ($506M), Bulgaria ($215M), Germany ($195M), and Iraq ($151M), and imports mostly from Russia ($1.27B), China ($482M), Georgia ($267M), Iran ($253M), and Germany ($250M).
Location: Armenia borders Azerbaijan, Georgia, Iran, and Turkey by land.