Gold deposits are also mined. Among all the top products exported from Armenia, Ferroalloys contribute to 8.90% of total trade value, equal to US$170,016 thousand. Quick Enquiry Form List of Top 10 Products which India Imports and Exports to Armenia Armenia’s economic freedom score is 70.6, making its economy the 34th freest in the 2020 Index. Merchandise exports show the f.o.b. The country experienced rapid and steady growth during the 2000s, with an average annual GDP growth rate of 10%, the highest Armenia is a mountainous country characterized by a great variety of scenery and geologic instability. Armenia has pursued market oriented reforms and a macroeconomic stability framework after gaining independence in 1991. Top 10 Countries * United States. Armenia trade balance, exports and imports by country 2018 In 2018, Armenia major trading partner countries for exports were Russian Federation, Switzerland, Bulgaria, Iraq and Germany and for imports they were Russian Federation, China, Iran, Islamic Rep., Turkey and Germany. Armenia Exports. Search baked export statistics of Ukraine exports to Armenia. The value of total exports from Armenia was $ 2.62 billionin 2019. Armenia Export Catalog 90 countries, 40 exhibitions, 5 platforms Read more Annual Conference of Exporters Be part of the export sector Read more EXPORTERS.AM Open your product to 5,000 customers per month Read more New partners. Other important directions of merchandise exports from Armenia in 2019 were: 17.4% (457 million) - Switzerland ; 7.91% (207 million) - Bulgaria ; 7.39% (193 million) - China The average value for Armenia during that period was 26.74 percent with a minimum of 22.9 percent in 2009 and a maximum of 31.7 percent in 2004. Germany. This page provides forecast and historical data, charts, statistics, news and updates for Armenia Net Exports. China. This map shows which countries export or import more of Hard Liquor.Each country is colored based on the difference in exports and imports of Hard Liquor during 2018.. Armenia’s main exports are metals and diamonds. These figures are calculated on an exchange rate basis, i.e., not in purchasing power parity (PPP) terms. Esco Pharm LLC. Armenia has copper, molybdenum, bauxite, zinc, lead, iron, gold, and mercury deposits, which provide the basis for the country's chemical industry sector and these are the pillars of its exports. Top three importers of aluminium from Armenia are USA (44% of total exports of aluminium), Iran (28%) and Germany (19%). Armenia exports for 2017 was $4.30B, a 23.09% increase from 2016. Unimedical LLC. Economy; Economy of Armenia Armenian economy: history and development. Net Exports for Armenia from International Monetary Fund (IMF) for the International Financial Statistics (IFS) release. value of goods provided to the rest of the world valued in current U.S. dollars. Russia was the largest market for exports from Armenia in 2019 ($ 719 million or 27% of total exports). 160 for the same month last year. ; 9.66% ($253 million): 2208 - Undenatured ethyl alcohol of an alcoholic strength by volume of less than 80 % vol; spirits, liqueurs and other spirituous beverages. One can infer from this analysis that Armenia's export markets are not diversified in the sense that in most cases one country gets the largest share of exports within any commodity group. In second place for improving export sales was electrical machinery and equipment via a 520.4% gain. Find baked trade data of Ukraine with exporter names Top Tags. Overview Geography People Government Economy Communications Transportation Military Transnational Issues. Armenia exports for 2016 was $3.50B, a 11.43% increase from 2015. Exports of Goods for Armenia from International Monetary Fund (IMF) for the International Monetary Fund - Balance of Payments (BOP) release. Bureau of European ... U.S. government assistance to Armenia supports efforts to strengthen Armenia’s ties to Western institutions, integrate the country into the regional and global economy, diversify trade, and build resilience against external pressures. 2019 : U.S. trade in goods with Armenia . Details may not equal totals due to rounding. Merchandise exports of Armenia increased from 294 million US dollars in 2000 to 2,640 million US dollars in 2019 growing at an average annual rate of 13.95%. France. In second place for improving export sales was knitted or crocheted clothing and accessories via a 13.6% gain. HM TILES. Armenia exports for 2018 was $4.70B, a 9.23% increase from 2017. Samoa’s top 10 export categories account for over three-quarters (77.5%) of the overall value of its global shipments. In 2019, merchandise exports for Armenia was 2,640 million US dollars. This page provides forecast and historical data, charts, statistics, news and updates for Armenia Exports of Goods. The second exported are Diamonds, which account for 5.31%. Major minerals include molybdenum, diamond, and copper which are found in Lori province. NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Value United Kingdom. The top three U.S. exports by value in October were Chicken … The top ten importers of Armenian goods and services were Russia, the EU, Georgia, Iraq, China, Iran, Switzerland, USA and the UAE. Armenia’s economy is largely supported by the mining industry, with the sector having contributed 50% of the country’s exports in 2011. After gaining independence Armenia "inherited" absolutely unviable economy from the Soviet system and found itself in the heaviest situation of all countries of Transcaucasia. Italy. Ores, slag and ash represents the fastest grower among the top 10 export categories, up by 32.4% from 2018 to 2019. This page includes a chart with historical data for Germany Exports to Armenia. In 2018, exports for Armenia was 4,700 million US dollars. Armenia's Top Exports in 2019: 23% ($626 million): 2603 - Copper ores and concentrates. ; 10.4% ($272 million): 2402 - Cigars, cheroots, cigarillos and cigarettes, of tobacco or of tobacco substitutes. Other minerals found in smaller quantities are lead, silver Zinc, granite, gypsum, limestone, basalt, and diatomite. Armenia exports for 2019 was $5.27B, a 12.05% increase from 2018. Table reflects only those months for which there was trade. Armenia. Armenia: Percent income earned by the top 10 percent of earners: For that indicator, we provide data for Armenia from 1999 to 2018. Armenia - Exports The economy was pounded in the second quarter due to the coronavirus outbreak and government measures to quell its spread, with GDP collapsing 13.7% on an annual basis after having grown 3.9% at the outset of the year. Machinery including computers represents the fastest grower among the top 10 export categories, up by 686.7% from 2018 to 2019. The latest value from 2018 is 29.2 percent. Other exports include energy, beverages, and vegetables and fruit. The change in exports was -68.74 percent and the change in imports was 91.52 percent. Merchandise Trade summary statistics data for Armenia (ARM) including exports and imports, applied tariffs, top export and import by partner countries and top exported/imported product groups, along with development indicators from WDI such as GDP, GNI per capita, trade balance and trade as … It had ranked No. https://www.tripadvisor.com/Attractions-g293931-Activities-Armenia.html The average elevation is 5,900 feet (1,800 metres) above sea level.There are no lowlands: half the territory lies at elevations of 3,300 to 6,600 … In 2011, Chinese investors applied for a go-ahead to in… Armenia ranked No. In 2009, the growth rate of the industrial production dropped 12%. Global Economic Prospects examines trends for the world economy and how they affect developing countries. Armenia Imports By Country This page displays a table with Armenia Imports By Country in U.S. dollars, according to the United Nations COMTRADE database on international trade. The report includes country-specific three-year forecasts for major macroeconomic indicators, including commodity and financial markets. Definition: This entry provides the total US dollar amount of merchandise exports on an f.o.b. Factbook > Countries > Armenia > Economy. 154 among U.S. trade partners in October. Earlier, the economy of Armenia grew by 7.5% in 2017 and reached a nominal GDP of $11.5 billion per annum, while per capita figure grew by 10.1% and reached $3880. Exports to Armenia in Germany averaged 9540.83 EUR THO from 2000 until 2020, reaching an all time high of 45125 EUR THO in April of 2009 and a record low of 1083 EUR THO in May of 2000. Albania’s top 10 exports accounted for 76.4% of the overall value of its global shipments. Exports: $2.361 billion (2017 est.) (free on board) basis. Merchandise Trade statistics data for Armenia (ARM) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. Russia. Brazil * By Gross Domestic Market (2002) Armenia Economy. TOP-companies. What did Armenia export in 2019? Exports to Russia rose by 44.6%, to the United States by 76%, to the UAE by 61%, to Switzerland by 365% (due to new gold exports) and to the EU by 32.2% in 2017. India. $1.891 billion (2016 est.) Its overall score has increased by 2.9 points due to a significant spike in the fiscal health score. Armenia’s main exports partners are Russia, Germany, Iran, Bulgaria, the Netherlands, the United States, Spain, Canada and Belgium. Merchandise exports on an exchange rate basis, i.e., not seasonally unless... 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