Armenia Major Trade Partners

Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. The first table below shows top trading partners of Armenia in terms of export sales (selling), including Russia, Germany, and Netherlands. The second lists top trade partners of Armenia regarding import total (buying). That is, most products are imported from these countries to Armenia.

Armenia Major Exports

Market Value: 906 (millions) – Last Updated: June, 2024

Armenia Major Exports

Rank Country (Exports To) Trade Value (thousands) Share (%) Growth (% 5yr)
1 Russia 180,975 19.98 140.49
2 Germany 168,873 18.64 104.95
3 Netherlands 130,523 14.41 397.54
4 Belgium 88,926 9.82 (17.57)
5 Bulgaria 60,580 6.69 1,216.81
6 Georgia 59,869 6.61 137.75
7 United States 43,337 4.78 (38.30)
8 United Kingdom 38,547 4.26 3,210.51
9 Italy 22,120 2.44 (21.87)
10 Ukraine 16,693 1.84 60.66
11 Canada 14,005 1.55 70.37
12 Iran 12,077 1.33 (60.00)
13 Switzerland 11,481 1.27 (74.68)
14 Spain 10,067 1.11 1,330.76
15 Chile 8,596 0.95 NA
16 France 8,327 0.92 396.87
17 Poland 5,386 0.59 15,233.77
18 United Arab Emirates 4,775 0.53 (45.83)
19 Israel 3,722 0.41 (96.22)
20 Austria 3,473 0.38 117.26
21 Thailand 3,176 0.35 898.21
22 Turkmenistan 2,617 0.29 521.04
23 India 1,847 0.20 538.87
24 Belarus 1,657 0.18 (17.45)
25 Uzbekistan 1,571 0.17 87.73
26 Luxembourg 1,512 0.17 115.54
27 China 1,114 0.12 (94.88)

 

Armenia Major Imports

Market Value: 2,937 (millions) – Last Updated: June, 2024

Armenia Major Imports

Rank Country (Imports From) Trade Value (thousands) Share (%) Growth (% 5yr)
1 Russia 712,875 24.27 311.30
2 Ukraine 246,418 8.39 391.98
3 China 226,702 7.72 1,619.33
4 Turkey 180,414 6.14 381.13
5 Iran 144,516 4.92 91.60
6 Austria 144,329 4.91 2,200.11
7 United States 126,976 4.32 26.55
8 Bulgaria 103,805 3.53 854.28
9 Romania 91,488 3.12 14,120.52
10 France 88,250 3.00 411.93
11 Belgium 80,455 2.74 (25.23)
12 Italy 71,669 2.44 88.87
13 Japan 68,132 2.32 6,808.83
14 Germany 61,525 2.09 2.94
15 South Korea 57,799 1.97 2,270.46
16 Brazil 51,676 1.76 8,213.57
17 India 37,160 1.27 360.12
18 Turkmenistan 34,940 1.19 33,905.84
19 Sweden 30,079 1.02 1,695.83
20 Indonesia 28,977 0.99 3,976.02
21 Georgia 28,175 0.96 (31.82)
22 Greece 24,493 0.83 (22.56)
23 Hungary 24,179 0.82 607.48
24 Israel 22,650 0.77 (77.38)
25 Canada 22,157 0.75 655.85
26 Poland 17,848 0.61 391.88
27 Spain 17,528 0.60 305.74
28 United Arab Emirates 15,915 0.54 (72.86)
29 Kazakhstan 15,895 0.54 3,765.87
30 Thailand 14,142 0.48 1,259.96
31 United Kingdom 13,176 0.45 (87.65)
32 Belarus 10,791 0.37 79.91
33 Ecuador 10,374 0.35 NA
34 Netherlands 9,971 0.34 4.52
35 Switzerland 8,629 0.29 (81.92)
36 Sri Lanka 8,142 0.28 2,588.61