Armenia Export Data

Armenia Export Data

In the South Caucasus area of Eurasia, Armenia is a landlocked nation that shares borders with Georgia, Iran, Azerbaijan, and Turkey. The capital and largest city of the country, Yerevan, serves as a major center for politics, business, and culture. It is projected that Armenia's GDP would amount to USD 21.6 billion in 2024. In terms of exports, Armenia is ranked 122nd in the world. In 2024, Russia will be the largest buyer of Armenian commodities. As per Armenia export data, it is estimated that Armenia's overall export value in 2024 would be around USD 6.9 billion. Copper ores and concentrates are the most valuable export commodity that Armenia exports out of all its goods.

Armenia's export industry is essential to maintaining a trade balance and fostering economic growth. The nation has established robust economic corridors through road and rail infrastructure, linking with important Eurasian and Middle Eastern markets, but lacking direct access to maritime ports. With the support of specific trade agreements, incentives for industrial production, and regional alliances, Armenia is growing its export capabilities.

122

Armenia's rising prominence in international commerce is demonstrated by its ranking of 122nd among exporters worldwide.

0.01%

The nation's tiny export size is reflected in its 0.01% of world exports.

Russia

With a sizable portion of all commodities received, Russia continues to be Armenia's top export destination.

Copper Ores and Concentrates

Copper ores and concentrates make up the largest export value of all outgoing cargoes.

 

Top 10 Export Products of Armenia

According to Armenia trade data, Armenia's top exports demonstrate its industrial capabilities, expanding technological sector, and mining prowess. The top items are highlighted in the list below according to export values and HS codes:

  • Copper Ores and Concentrates (HS Code 2603): 25.74% (USD 1.78 billion)
  • Gold (Unwrought) (HS Code 7108): 14.35% (USD 990 million)
  • Ferroalloys (HS Code 7202): 11.88% (USD 820 million)
  • Alcoholic Beverages – Cognac/Wine (HS Code 2208): 9.07% (USD 630 million)
  • Precious Stones and Metals (HS Code 7102): 7.52% (USD 520 million)
  • Machinery and Equipment (HS Code 8471): 6.10% (USD 420 million)
  • Pharmaceutical Products (HS Code 3004): 5.01% (USD 345 million)
  • Iron and Steel Products (HS Code 7214): 4.42% (USD 305 million)
  • Textiles and Garments (HS Code 6204): 3.76% (USD 260 million)
  • Dried Fruits and Nuts (HS Code 0813): 2.95% (USD 205 million)
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Top 10 Export Trading Partners of Armenia

Exports from Armenia are distributed throughout the Middle East, CIS nations, and Europe. A report by Armenia trade statistics suggests that the top importer is still Russia, with China and Switzerland coming in second and third.

  • Russia: 27.39% (USD 1890 million)
  • China: 17.54% (USD 1210 million)
  • Switzerland: 11.74% (USD 810 million)
  • Bulgaria: 8.56% (USD 590 million)
  • Georgia: 7.83% (USD 540 million)
  • Iran: 6.26% (USD 430 million)
  • Netherlands: 5.01% (USD 345 million)
  • Germany: 4.42% (USD 305 million)
  • India: 3.48% (USD 240 million)
  • UAE: 2.75% (USD 190 million)

What Details Contain In Armenia Export Data?

All land, air, and sea shipments are covered by the 100% comprehensive customs detailed data for Armenia. Gain access to a sizable dataset with crucial trade attributes that enable in-depth analysis at every level. Businesses, analysts, and politicians may monitor all facets of export operations with this comprehensive data, from product descriptions and shipment sources to pricing and modes of transportation. Users may pinpoint market opportunities, analyze supplier performance, and spot sourcing patterns with full insight into every transaction. This information is a vital starting point for strategic decision-making, whether you're keeping an eye on rivals or preparing to enter the Armenian market. The data contains all required fields:

  • Exporter Name
  • Exporter Address
  • Importer Name
  • Importer Address
  • Shipping Bill Number
  • Shipping Bill Date
  • Declaration Number
  • HS Code
  • Product Description
  • FOB Value
  • CIF Value
  • Manufacturing Country
  • Destination Country
  • Net Weight
  • Gross Weight
  • Quantity
  • Unit
  • Currency & Incoterms
  • Mode of Transportation
  • Port of Loading
  • Port of Unloading
  • Email
  • Contact

Benefits of Armenia Export data in your business

  • Use this information to investigate the global market: Learn important information about Armenia’s export market and find international vendors.
  • Business Decision: Make well-informed choices supported by correct, up-to-date facts.
  • Reduce Risk: To assess possible hazards, examine shipping data from the past and current periods.
  • Extremely Accurate Data: Obtained from verified customs sources, guaranteeing dependability and validity.
  • Monitor Competitor Business: Determine the sourcing and supply networks of rival companies.
  • Stay Ahead in Pricing Strategy: Use accurate FOB/CIF data to maintain competitive pricing.

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Frequently Asked Questions

According to 2024 Armenia export data, Copper Ores and Concentrates (HS Code 2603) is the most exported item, accounting for 25.74% of total exports (USD 1.78 billion), followed by Gold, Ferroalloys, and Alcoholic Beverages.

The country is enhancing its mining, metal refining, and pharmaceutical sectors, evident in the increasing exports of ferroalloys, gold, and medicaments. Armenia trade data reveals significant infrastructure upgrades supporting these industries.

Countries like Georgia, Iran, and Russia rely on Armenian goods, especially energy, ferroalloys, and agricultural produce. Their consistent import volumes are visible in Armenia customs data.

Partner with Import Globals, a verified Armenia export data provider. They offer detailed customs shipment data tracking imports and exports across all borders, by land, air, and rail, ideal for deep business analysis.

Based on Armenia export import data, Armenia’s key brands operate in metal refining, alcohol production (cognac/wine), and pharmaceuticals. These industries contribute heavily to GDP and exports. Shipment data confirms the volume and consistency of goods from these manufacturing verticals.

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