Armenia Balance Of TradeArmenia Balance Of TradeArmenia Balance Of Trade

Armenia Balance Of Trade

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Key data points


Last release
Observation period
Nov 2024
Next release
Forecast
Highest
‪122.60 M‬USD on Mar 31, 2024
Lowest
‪−1.11 B‬USD on Apr 30, 2024

About Armenia Balance Of Trade


Category
Trade
Frequency
Monthly
Units
USD
Armenia’s foreign trade is limited due to landlocked location and border disputes with Turkey to the west and Azerbaijan to the east. As a result Armenia usually reports high trade deficits. Armenia’s main exports are metals and precious stones followed by energy, beverages, and vegetables and fruit. Armenia mainly imports oil, natural gas, cereals, rubber manufactures, cork and wood, and electrical machinery. Armenia’s main trading partners are Russia, Germany, Iran, the United States, China, Ukraine and Turkey.