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
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
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 |