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Armenia export Statistics

Armenia Export Data

Situated just south of the enormous Caucasus Mountain range, Armenia is a landlocked country in Transcaucasia that faces northwest Asia. Armenia is bordered to the east and north by Georgia and Azerbaijan, and to the west and southeast by Iran and Turkey. Naxçıvan, an exclave of Azerbaijan, borders Armenia to the southwest. The capital is Yerevan (Erevan). Armenia has a negative trade balance because it exports less items than it imports. Armenia is the 104th largest exporter in the world, according to Armenia trade statistics. Armenia's economic complexity places it 66th in the world. Armenia's economic growth is dependent on its exports. Copper ores, diamonds, gold, cigars, and ethyl alcohol are among the goods that account for more than half of Armenia's exports. 

According to Armenia’s export data, Armenia exported goods worth $8.4 billion in 2023, an increase of 58% from the previous year. Armenia’s total GDP is $24.21 billion, with a GDP export share of 58.18%. Based on the Armenia shipment data, precious stones, metals, and pearls are Armenia’s top exports, while Russia is its biggest export partner. Armenia is a part of significant trading blocs such as the WTO, EAEU, and CIS. Armenia's trade activities have helped it to gain excellent export profit in recent years. With the help of Armenia export data for 2023, let's examine the main export trends, top exports, and important export partners and delve into Armenia customs data.

Armenia Export Shipment Data | Armenia Customs Data

104

The country has been ranked 104th in global exports, showing a significant position in the international trade and export landscape. 

0.1%

With a mere 0.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise. 

Russia

Russia holds a significant role as the largest export partner of the country in terms of goods exports.

PRECIOUS STONES & METALS

Precious stones and metals are the major and biggest export commodities of the country, playing a vital role in its economy with its export share.

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Top 10 Exports of Armenia | Armenia Export Data by HS Code

Armenia's exports play a major role in the country's economic development. Among Armenia's biggest exports are precious stones and metals, ores, and electrical equipment. Armenia's top 10 exports are vital to the country's economy. According to Armenia trade data and Armenia customs data, Armenia's top ten exports in 2023 include:

  • Precious stones and metals, pearls (HS code 71): 38.37% ($3.21 billion)
  • Electrical machinery and equipment (HS code 85):11.8% ($988.16 million)
  • Ores, slag, and ash (HS code 26): 9.59% ($802.85 million)
  • Vehicles (HS code 87): 6.18% ($517.14 million)
  • Tobacco (HS code 24): 4.55% ($380.65 million)
  • Beverages, spirits, and vinegar (HS code 22): 4.5% ($377.05 million)
  • Nuclear reactors and machinery (HS code 84): 3.61% ($302.57 million)
  • Iron and steel (HS code 72): 3.48% ($291.03 million)
  • Articles of apparel, not knitted or crocheted (HS code 62): 2.71% ($226.88 million)
  • Optical, medical, or surgical instruments (HS code 90) 1.52% ($127 million)
    • Partners

    Top 10 Export Partners of Armenia | Armenia Export Data by Country

    The expansion and development of Armenia's economy depend heavily on its top 10 export partners. A vast range of items are supplied to Armenia by these commercial ties, which extend from neighboring countries to significant global economies. Based on Armenia trade data and Armenia export data, the country's top 10 export partners in 2023 include:

    Value In Percentage(%)

  • Russia: 40.4% (3.38 billion US$)
  • United Arab Emirates: 26.6% (2.22 billion US$)
  • Hong Kong: 8% (668.41 million US$)
  • China: 5.1% (425.30 million US$)
  • Netherlands: 2.8% (234.11 million US$)
  • Iraq: 2.2% (180.57 million US$)
  • Georgia: 1.6% (133.54 million US$)
  • Bulgaria: 1.2% (97.37 million US$)
  • Belgium: 1.1% (94.53 million US$)
  • Iran: 1.1% (94.46 million US$)
    • Sample Data

    Understanding Armenia Customs Data for Exports

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    A thorough compilation of information regarding the goods exported from Armenia to other countries is known as Armenia export data. Businesses, analysts, and decision-makers can use the Armenia trade statistics to learn a lot about the amount, value, origins, and categories of exports. Armenian customs data indicate that in 2023, the country exported goods valued at $8.4 billion. We provide you with access to incredibly beneficial and practical information on Armenia trade records, such as Armenia trade statistics and shipment data. All of the information in our database comes from shipping bills, invoices, and other important transaction records that have since been updated. We get precise information from government agencies, shipping manifests, and Armenia's customs ports. Among the many fields that comprise Armenia's export statistics are HS codes, product descriptions, prices and quantities, port names, and currency values. Armenia's export data has a big influence on its economic plans and objectives. It offers useful data on sector performance, export trends, and the impact of exported goods on the local market in Armenia. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The Armenia trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, exporters/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data or customs data looks like as a whole, with complete details. 

    Armenia Export Data
    ID 2657 DATE 2024-10-10
    DECLARATION NUMBER 05100010/101024/0097861 PROCEDURE CODE EX1000000
    Customs Point Code 5100010 Tax ID Number 4242852
    EXPORTER "Sad-1" LLC Foreign Exporter Name ABDULLAH KHASRAW OTHMAN
    HS CODE 01022921000 PRODUCT DESCRIPTION CARNIVAL BULLIES
    QUANTITY 139 UNIT Unit
    GROSS WEIGHT 20040 NET WEIGHT 20040
    Invoice Amount 73253 US FOB 30471050
    Currency Of Invoice USD INCOTEMR
    UNLOADING PORT Origin Country ARMENIA
    DESTINATION COUNTRY IRAQ
    Benefits

    Benefits of Armenia Export Data

  • Grow your business into the Armenia Export Market.
  • Check for Armenia's most recent product demand in international market.
  • Acquire exclusive export trends in Armenia.
  • Give your marketing plan an approach based on the export data.
  • Make a powerful brand identity in Armenia.
  • Create more ROI and company goals for the future with export data. 

    • Frequently Asked Questions!!

    Armenia's export data provides insights into the country’s economic performance, trade dynamics, and the types of goods being exported. It plays a vital role in understanding Armenia's position in global trade, its economic complexity, and its reliance on exports for growth.

    Based on Armenia trade statistics for 2023-24, Armenia exported goods worth $8.4 billion, marking a substantial increase of 58% compared to the previous year. This growth indicates a positive trend in Armenia's export activities and overall economic performance.

    • The top exports from Armenia in 2023 according to Armenia trade records include:
    • Precious stones and metals, pearls (38.37%)
    • Electrical machinery and equipment (11.8%)
    • Ores, slag, and ash (9.59%)Vehicles (6.18%)
    • Tobacco (4.55%)
    • Beverages, spirits, and vinegar (4.5%)

    Exports are crucial for Armenia's economy, contributing to approximately 58.18% of its GDP. The growth in export value is critical for economic stability, job creation, and enhancing living standards within the country.

    According to Armenia trade activities, Russia is Armenia's largest export partner, accounting for 40.4% of total goods exported. The strong trade relationship with Russia is essential for Armenia's economic growth and stability.

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