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

The trade gap in Armenia widened to USD 221.4 million in July of 2018 from USD 150.3 million in the corresponding month of the previous year. Imports jumped 22.4 percent year-on-year to USD 413.3 million while exports went up at a softer 0.3 percent to USD 191.9 million. Considering the first seven months of 2018, Armenia posted a trade deficit of USD 1,363.6 million, as purchases rose 32.1 percent to USD 2,726.7 million and shipments advanced 17.3 percent to USD 1,363.1 million, when compared with the same period of the previous year. Balance of Trade in Armenia averaged -171.69 USD Million from 2003 until 2018, 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
2018-06-20 08:00 AM Balance of Trade $-235.4M $-183.3M $ -168.9M
2018-07-20 08:00 AM Balance of Trade $-194.9M $-240.2M $ -195.6M
2018-08-20 08:00 AM Balance of Trade $-221.4M $-195.1M $ -165.4M
2018-09-20 08:00 AM Balance of Trade $-221.4M $ -173.6M
2018-10-22 08:00 AM Balance of Trade $ -184M
2018-11-20 08:00 AM Balance of Trade $ -173.9M


Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -221.40 -195.10 -33.98 -365.35 USD Million [+]
Exports 191.90 199.50 231.90 34.21 USD Million [+]
Imports 413.30 394.60 482.90 78.72 USD Million [+]
Current Account -208.70 -312.90 74.31 -511.22 USD Million [+]
Current Account to GDP -2.90 -2.70 -2.20 -22.00 percent [+]
External Debt 10687.78 10528.67 10687.78 1155.60 USD Million [+]
Capital Flows -232.50 -497.40 93.80 -705.70 USD Million [+]
Terms Of Trade 106.70 97.70 140.50 62.40 Index Points [+]
Terrorism Index 2.37 0.29 2.37 0.00 [+]
Tourist Arrivals 52651.00 62997.00 164663.00 511.00 Thousand [+]
Remittances 261.20 499.80 742.69 98.05 USD Million [+]
Foreign Direct Investment 90.50 101.80 425.89 -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 August of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-221.40 -195.10 -33.98 -365.35 2003 - 2018 USD Million Monthly




balance of trade by Country
Country Last
Australia 1873.00 Jun/18
Brazil 4227.00 Jul/18
Canada -625.50 Jun/18
China 280.50 Jul/18
Euro Area 22509.60 Jun/18
France -6248.00 Jun/18
Germany 21792.00 Jun/18
India -18020.00 Jul/18
Indonesia -2030.30 Jul/18
Italy 5071.00 Jun/18
Japan -231.21 Jul/18
Mexico -897.00 Jun/18
Netherlands 4813.00 Jun/18
Russia 15555.00 Jun/18
South Korea 7006.00 Jul/18
Spain -2153628.00 May/18
Switzerland 1308.99 Jun/18
Turkey -5496.69 Jun/18
United Kingdom -1861.00 Jun/18
United States -46348.00 Jun/18


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