Armenia Balance of Trade  2003-2017 | Data | Chart | Calendar | Forecast

Armenia posted a trade deficit of USD 217.5 million in September 2017, compared with a USD 150.2 million gap a year earlier. Imports jumped by 29.1 percent to USD 397.9 million while exports went up by 11.7 percent to USD 180.4 million. Considering January to September 2017, the trade gap widened to USD 1.27 billion from USD 1.01 billion in the same period of 2016, as imports rose 23.2 percent to USD 2.82 billion and exports advanced 19.1 percent to USD 1.55 billion. Balance of Trade in Armenia averaged -169.75 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
2017-08-22 01:40 AM Balance of Trade $-149.3M $-144.8M
2017-09-21 03:30 AM Balance of Trade $-137.6M $-149.3M
2017-10-20 08:00 AM Balance of Trade $-217.5M $-126.5M
2017-11-21 07:00 AM Balance of Trade $-217.5M
2017-12-20 07:00 AM Balance of Trade


Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -217.50 -126.50 -33.98 -365.35 USD Million [+]
Exports 180.40 199.60 199.60 34.21 USD Million [+]
Imports 397.90 326.10 482.90 78.72 USD Million [+]
Current Account 20.90 -110.60 74.31 -511.22 USD Million [+]
Current Account to GDP -2.90 -2.70 -2.20 -22.00 percent [+]
External Debt 10044.32 9899.91 10044.32 1155.60 USD Million [+]
Capital Flows 67.10 -127.50 93.80 -705.70 USD Million [+]
Remittances 335.80 240.20 742.69 98.05 USD Million [+]
Foreign Direct Investment 21.30 73.00 425.89 -67.53 USD Million [+]
Terms Of Trade 98.20 103.10 140.50 62.40 Index Points [+]
Terrorism Index 0.29 0.12 1.96 0.00 [+]
Tourist Arrivals 76955.00 41696.00 164663.00 511.00 Thousand [+]

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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-217.50 -126.50 -33.98 -365.35 2003 - 2017 USD Million Monthly




balance of trade by Country

Last
Australia 989.00 Aug/17
Brazil 5178.00 Sep/17
Canada -3413.40 Aug/17
China 284.67 Sep/17
Euro Area 16086.90 Aug/17
France -4514.00 Aug/17
Germany 20000.00 Aug/17
India -8984.29 Sep/17
Indonesia 1760.00 Sep/17
Italy 2769.02 Aug/17
Japan 670.17 Sep/17
Mexico -2732.00 Aug/17
Netherlands 4073.00 Aug/17
Russia 6612.00 Aug/17
South Korea 13800.00 Sep/17
Spain -3226685.00 Aug/17
Switzerland 2917.62 Sep/17
Turkey -5873.11 Aug/17
United Kingdom -5626.00 Aug/17
United States -42395.00 Aug/17