Armenia

Asia & Middle East
Armenia world map

Trade in Armenia

Armenia was the world’s 119th largest exporter of goods and 92nd largest exporter of commercial services in 2021. Export values were $3 and $1.6 billion USD respectively. Armenia’s top export category was fuels and mining products, followed by agricultural products, and manufactures. In 2020, Armenia’s main export destination markets for goods and services trade were to the Russian Federation, Switzerland and China, with trade representing 69.49 per cent of GDP. In terms of imports, Armenia is the world’s 117th largest importer of goods and 105th largest importer of commercial services. Import values were $5.4 and $1.2 billion USD respectively in 2021. Armenia’s top import category was manufactures, followed by fuels and mining products and agricultural products. Leading import partners were the Russian Federation, China and Iran. Armenia is part of 12 different Regional Trade Agreements, including Armenia – Kazakhstan, Armenia – Moldova and Armenia – Turkmenistan.
Regional Trade Agreements Database

General Information

This section includes general information on the economy, legal system, official languages and links to additional demographic information.

Official Name

Republic of Armenia

Abbreviation

AM

Capital

Yerevan

WTO Membership Date

5 February 2003

Legal System

civil law system

Language

Armenian

Number of Time Zone(s)

1

Additional Information

Financial Information

This section includes financial information such as the currency, exchange rate lookup and local banks issuing trade finance.

Currency

Armenian dram

Exchange Rate

 Google Finance Currencies

Contact Information

This section includes contact information for business support organizations and national resources.

Business Support Organizations

Copyright Offices

  • Intellectual Property Office

  • Ministry of Economy of the Republic of Armenia

Industrial Property Offices

  • Intellectual Property Office

  • Ministry of Economy of the Republic of Armenia

SPS Enquiry Points

Sanitary and phytosanitary (SPS) enquiry points are government agencies designated to answer questions about trade requirements.

TBT Enquiry Points

Technical Barriers to Trade (TBT) enquiry points are government agencies designated to answer questions about trade requirements.

  • Ministry of Economy of the Republic of Armenia
    National Institute of Standards CJSC
    Phone: +(374 10) 23 70 20; +(374 10) 28 56 20

    49-2, Komitas Ave.
    Yerevan

    [email protected]

Additional Information

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Last Reviewed: June, 2023

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