Looking for commercial partners in Armenia? List your company on Macro Market.

Armenia is the 132nd largest export economy in the world. In 2016, Armenia exported $2.16B and imported $3.28B, resulting in a negative trade balance of $1.11B. In 2016 the GDP of Armenia was $10.6B and its GDP per capita was $8.83k.

The top exports of Armenia are Copper Ore ($482M), Gold ($270M), Rolled Tobacco ($209M), Hard Liquor ($148M) and Diamonds ($114M), using the 1992 revision of the HS (Harmonized System) classification. Its top imports are Petroleum Gas ($313M), Refined Petroleum ($171M), Diamonds ($130M), Packaged Medicaments ($86.8M) and Telephones ($69M).

The top export destinations of Armenia are Russia ($407M), Canada ($266M), Georgia ($167M), Bulgaria ($163M) and Iraq ($140M). The top import origins are Russia ($956M), China ($355M), Turkey ($166M), Germany ($166M) and Iran ($154M).

Armenia borders Azerbaijan, Georgia, Iran and Turkey.

Economic Complexity of Armenia

More on Armenia from our other sites