Armenia Balance of Trade  2003-2018 | Data | Chart | Calendar | Forecast

Armenia's trade deficit widened to USD 246.1 million in November 2017 from USD 173.8 million in the same month a year earlier. It was the largest trade deficit since December 2014, as imports jumped by 34.8 percent to USD 455.8 million while exports rose at a slower 23.6 percent to USD 209.7 million. Considering January to November, the trade gap widened to USD 1.76 billion from USD 1.34 billion in the same period of 2016, as imports rose 28 percent to USD 3.77 billion and exports advanced 23.5 percent to USD 2.01 billion. Balance of Trade in Armenia averaged -170.55 USD Million from 2003 until 2017, reaching an all time high of -33.98 USD Million in August of 2003 and a record low of -365.35 USD Million in December of 2008.

Armenia Balance of Trade
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Calendar GMT Actual Previous Consensus TEForecast
2017-10-20 08:00 AM Balance of Trade $-217.5M $-126.5M
2017-11-21 02:00 AM Balance of Trade $-210.5M $-196.5M
2017-12-20 08:00 AM Balance of Trade $-246.1M $-213.2M
2018-01-25 08:00 AM Balance of Trade $-246.1M $ -222.8M
2018-02-20 08:00 AM Balance of Trade $ -217.6M
2018-03-20 08:00 AM Balance of Trade $ -212.7M


Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -246.10 -213.20 -33.98 -365.35 USD Million [+]
Exports 209.70 203.60 216.50 34.21 USD Million [+]
Imports 455.80 416.80 482.90 78.72 USD Million [+]
Current Account 3.50 40.20 74.31 -511.22 USD Million [+]
Current Account to GDP -2.90 -2.70 -2.20 -22.00 percent [+]
External Debt 9902.79 10044.32 10044.32 1155.60 USD Million [+]
Capital Flows -113.10 88.90 93.80 -705.70 USD Million [+]
Terms Of Trade 106.60 104.00 140.50 62.40 Index Points [+]
Terrorism Index 2.37 0.29 2.37 0.00 [+]
Tourist Arrivals 83054.00 76955.00 164663.00 511.00 Thousand [+]
Remittances 335.80 240.20 742.69 98.05 USD Million [+]
Foreign Direct Investment 21.30 73.00 425.89 -67.53 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Armenia Balance of Trade

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 . This page provides the latest reported value for - Armenia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on January of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-246.10 -213.20 -33.98 -365.35 2003 - 2017 USD Million Monthly




balance of trade by Country
Country Last
Australia -628.00 Nov/17
Brazil 4997.77 Dec/17
Canada -2540.40 Nov/17
China 546.85 Dec/17
Euro Area 26272.60 Nov/17
France -5692.00 Nov/17
Germany 23700.00 Nov/17
India -14880.19 Dec/17
Indonesia -270.00 Dec/17
Italy 4829.68 Nov/17
Japan 113.36 Nov/17
Mexico 399.21 Nov/17
Netherlands 6041.00 Nov/17
Russia 11515.00 Nov/17
South Korea 5783.00 Dec/17
Spain -2511365.00 Oct/17
Switzerland 2633.00 Nov/17
Turkey -6320.40 Nov/17
United Kingdom -2804.00 Nov/17
United States -50497.00 Nov/17


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