Armenia (ARM)

Annual exports and imports in 2024 (USD).

Source: UN Comtrade. Warehouse 1: partner = World totals by HS4 and year.

Exports

$13.07B

Imports

$16.80B

Total trade

$29.87B

Trade balance

-$3.73B

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Armenia - trade dependency by partner, 2024 (USD)

Share of exports, imports, and total trade attributed to each partner.

Year: 2024 | Unit: USD | Snapshot: 20251222 | Source: UN Comtrade

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Showing top 10 partners by total dependency.

Rank #1

Russian Federation (RUS)

Total

41.4%

Exports

24.0%

$3.14B

Imports

55.0%

$9.24B

Total

41.4%

$12.38B

Rank #2

United Arab Emirates (ARE)

Total

17.9%

Exports

40.2%

$5.25B

Imports

0.5%

$82.02M

Total

17.9%

$5.34B

Rank #3

China (CHN)

Total

9.3%

Exports

8.4%

$1.10B

Imports

9.9%

$1.67B

Total

9.3%

$2.77B

Rank #4

China, Hong Kong SAR (HKG)

Total

5.9%

Exports

13.4%

$1.76B

Imports

0.0%

Total

5.9%

$1.76B

Rank #5

Viet Nam (VNM)

Total

2.9%

Exports

0.0%

Imports

5.2%

$881.02M

Total

2.9%

$881.02M

Rank #6

Iran (IRN)

Total

2.5%

Exports

0.8%

$108.23M

Imports

3.7%

$628.51M

Total

2.5%

$736.74M

Rank #7

Germany (DEU)

Total

1.5%

Exports

0.5%

$63.40M

Imports

2.2%

$372.53M

Total

1.5%

$435.94M

Rank #8

Italy (ITA)

Total

1.4%

Exports

0.5%

$67.09M

Imports

2.1%

$349.22M

Total

1.4%

$416.31M

Rank #9

Türkiye (TUR)

Total

1.1%

Exports

0.0%

Imports

2.0%

$334.28M

Total

1.1%

$334.28M

Rank #10

USA (USA)

Total

1.1%

Exports

0.4%

$58.29M

Imports

1.6%

$273.14M

Total

1.1%

$331.43M

Rank	Partner	Export dependency	Import dependency	Total dependency
1	Russian Federation (RUS)	24.0% $3.14B	55.0% $9.24B	41.4% $12.38B
2	United Arab Emirates (ARE)	40.2% $5.25B	0.5% $82.02M	17.9% $5.34B
3	China (CHN)	8.4% $1.10B	9.9% $1.67B	9.3% $2.77B
4	China, Hong Kong SAR (HKG)	13.4% $1.76B	0.0% $0	5.9% $1.76B
5	Viet Nam (VNM)	0.0% $0	5.2% $881.02M	2.9% $881.02M
6	Iran (IRN)	0.8% $108.23M	3.7% $628.51M	2.5% $736.74M
7	Germany (DEU)	0.5% $63.40M	2.2% $372.53M	1.5% $435.94M
8	Italy (ITA)	0.5% $67.09M	2.1% $349.22M	1.4% $416.31M
9	Türkiye (TUR)	0.0% $0	2.0% $334.28M	1.1% $334.28M
10	USA (USA)	0.4% $58.29M	1.6% $273.14M	1.1% $331.43M

Generated by TradeVedia.comSource: UN Comtrade

Armenia's total trade reached $29.9B in 2024, comprising $13.1B in exports and $16.8B in imports, resulting in a trade balance of -$3.7B.
The country ranked 73rd globally for total trade, 73rd for exports, and 75th for imports in 2024.
The top export destination was United Arab Emirates, receiving goods worth $5.3B, which is 40.2% of Armenia's total exports.
The leading export category was Natural, cultured pearls; precious, semi-precious stones (HS2 71), with a total export value of $8.1B.
Russian Federation was the largest source of imports, accounting for 55.0% of the total with a value of $9.2B.
The most imported product category was Natural, cultured pearls; precious, semi-precious stones (HS2 71), with an import value of $7.4B.

Armenia's Trade Performance in 2024

In 2024, Armenia's total trade volume was $29.9B, placing it at a global rank of 73. Exports totaled $13.1B and imports were $16.8B, creating a trade deficit of -$3.7B. The nation's primary export partner was United Arab Emirates, while the main source of imports was the Russian Federation.

Top Exports

Armenia's exports were led by Natural, cultured pearls; precious, semi-precious stones; precious metals (HS2 71), which amounted to $8.1B, representing 61.6% of the country's total export value. The second-largest export category was Electrical machinery and equipment (HS2 85), valued at $1.1B. Key export markets included China and the United Arab Emirates.

Top Imports

For imports, the leading category was also Natural, cultured pearls; precious, semi-precious stones; precious metals (HS2 71), with a total value of $7.4B (43.9% of all imports). Following this, imports of Electrical machinery and equipment (HS2 85) reached $1.6B. The Russian Federation was the most significant origin for inbound goods.

Exports

Armenia - exports over time (Exports), 2015-2024 (USD)

Annual reported export values across available years.

Flow: Exports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top export categories

Largest HS2 categories by export value in the selected year.

#1 • HS 71

Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

$8.05B

61.6% share

#2 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$1.09B

8.4% share

#3 • HS 26

Ores, slag and ash

$923.26M

7.1% share

#4 • HS 24

Tobacco and manufactured tobacco substitutes; products, whether or not containing nicotine, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body

$437.93M

3.3% share

#5 • HS 22

Beverages, spirits and vinegar

$411.09M

3.1% share

#6 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$235.99M

1.8% share

#7 • HS 62

Apparel and clothing accessories; not knitted or crocheted

$220.60M

1.7% share

#8 • HS 72

Iron and steel

$217.36M

1.7% share

#9 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$139.77M

1.1% share

#10 • HS 61

Apparel and clothing accessories; knitted or crocheted

$107.78M

0.8% share

#11 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$104.66M

0.8% share

#12 • HS 76

Aluminium and articles thereof

$95.02M

0.7% share

#13 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$87.14M

0.7% share

#14 • HS 07

Vegetables and certain roots and tubers; edible

$75.66M

0.6% share

#15 • HS 03

Fish and crustaceans, molluscs and other aquatic invertebrates

$59.55M

0.5% share

Rank	Category	Value	Share
1	Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	$8.05B	61.6%
2	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$1.09B	8.4%
3	Ores, slag and ash	$923.26M	7.1%
4	Tobacco and manufactured tobacco substitutes; products, whether or not containing nicotine, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body	$437.93M	3.3%
5	Beverages, spirits and vinegar	$411.09M	3.1%
6	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$235.99M	1.8%
7	Apparel and clothing accessories; not knitted or crocheted	$220.60M	1.7%
8	Iron and steel	$217.36M	1.7%
9	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$139.77M	1.1%
10	Apparel and clothing accessories; knitted or crocheted	$107.78M	0.8%
11	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$104.66M	0.8%
12	Aluminium and articles thereof	$95.02M	0.7%
13	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$87.14M	0.7%
14	Vegetables and certain roots and tubers; edible	$75.66M	0.6%
15	Fish and crustaceans, molluscs and other aquatic invertebrates	$59.55M	0.5%

Labels hide HS codes by default — hover a category to reveal the code.

Armenia - export composition by product categories (Exports), 2024 (USD)

Largest product categories by export value in the selected year.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Armenia - export composition by 4-digit product groups (Exports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Exports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Imports

Armenia - imports over time (Imports), 2015-2024 (USD)

Annual reported import values across available years.

Flow: Imports | Years: 2015-2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Top import categories

Largest HS2 categories by import value in the selected year.

#1 • HS 71

Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin

$7.37B

43.9% share

#2 • HS 85

Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles

$1.60B

9.5% share

#3 • HS 27

Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes

$1.07B

6.4% share

#4 • HS 84

Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof

$1.05B

6.3% share

#5 • HS 87

Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof

$621.18M

3.7% share

#6 • HS 90

Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories

$271.38M

1.6% share

#7 • HS 39

Plastics and articles thereof

$241.51M

1.4% share

#8 • HS 30

Pharmaceutical products

$238.51M

1.4% share

#9 • HS 72

Iron and steel

$232.81M

1.4% share

#10 • HS 62

Apparel and clothing accessories; not knitted or crocheted

$194.14M

1.2% share

#11 • HS 73

Iron or steel articles

$176.45M

1.1% share

#12 • HS 61

Apparel and clothing accessories; knitted or crocheted

$172.77M

1.0% share

#13 • HS 48

Paper and paperboard; articles of paper pulp, of paper or paperboard

$151.62M

0.9% share

#14 • HS 94

Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings

$150.53M

0.9% share

#15 • HS 24

$140.60M

0.8% share

Rank	Category	Value	Share
1	Natural, cultured pearls; precious, semi-precious stones; precious metals, metals clad with precious metal, and articles thereof; imitation jewellery; coin	$7.37B	43.9%
2	Electrical machinery and equipment and parts thereof; sound recorders and reproducers; television image and sound recorders and reproducers, parts and accessories of such articles	$1.60B	9.5%
3	Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes	$1.07B	6.4%
4	Machinery and mechanical appliances, boilers, nuclear reactors; parts thereof	$1.05B	6.3%
5	Vehicles; other than railway or tramway rolling stock, and parts and accessories thereof	$621.18M	3.7%
6	Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus; parts and accessories	$271.38M	1.6%
7	Plastics and articles thereof	$241.51M	1.4%
8	Pharmaceutical products	$238.51M	1.4%
9	Iron and steel	$232.81M	1.4%
10	Apparel and clothing accessories; not knitted or crocheted	$194.14M	1.2%
11	Iron or steel articles	$176.45M	1.1%
12	Apparel and clothing accessories; knitted or crocheted	$172.77M	1.0%
13	Paper and paperboard; articles of paper pulp, of paper or paperboard	$151.62M	0.9%
14	Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, n.e.c.; illuminated signs, illuminated name-plates and the like; prefabricated buildings	$150.53M	0.9%
15	Tobacco and manufactured tobacco substitutes; products, whether or not containing nicotine, intended for inhalation without combustion; other nicotine containing products intended for the intake of nicotine into the human body	$140.60M	0.8%

Labels hide HS codes by default — hover a category to reveal the code.

Armenia - import composition by product categories (Imports), 2024 (USD)

Largest product categories by import value in the selected year.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade

Armenia - import composition by 4-digit product groups (Imports), 2024 (USD)

Area reflects share within the displayed list; hover for product codes.

Flow: Imports | Year: 2024 | Unit: USD | Source: UN Comtrade

Generated by TradeVedia.comSource: UN Comtrade