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

Armenian trade deficit widened to USD 206.1 million in May 2017 from USD 106.8 million in the same month a year earlier. Imports jumped 61.7 percent year-on-year to USD 401.6 million while exports grew at a slower 38.7 percent USD 195.5 million. Considering the first five months of the year, the trade deficit widened to USD 678.4 million from USD 537.9 million in the same period of 2016, as imports advanced 24.4 percent to USD 1,482.3 million and exports went up 20.9 percent to USD 803.9 million. Balance of Trade in Armenia averaged -170.23 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 Forecast (i)
2017-04-20 07:00 AM Mar $-141.6M $-120.9M $-140M
2017-05-22 08:00 AM Apr $-111.6M $-141.6M $-160M
2017-06-20 08:15 AM May $-206.1M $-111.6M $-110M
2017-07-20 07:00 AM Jun $-206.1M
2017-08-22 07:00 AM Jul
2017-09-20 07:00 AM Aug




Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -206.10 -111.60 -33.98 -365.35 USD Million [+]
Exports 195.50 165.30 195.50 34.21 USD Million [+]
Imports 401.60 276.90 482.90 78.72 USD Million [+]
Current Account -184.00 51.40 74.31 -511.22 USD Million [+]
Current Account to GDP -2.90 -2.70 -2.20 -22.00 percent [+]
External Debt 9951.82 9238.91 9951.82 1155.60 USD Million [+]
Capital Flows -142.20 -24.10 87.30 -705.70 USD Million [+]
Gold Reserves 1.40 1.40 1.40 1.36 Tonnes [+]
Remittances 442.00 374.90 742.69 98.05 USD Million [+]
Foreign Direct Investment 133.90 115.40 425.89 -67.53 USD Million [+]
Terms Of Trade 105.40 97.80 140.50 62.40 Index Points [+]
Terrorism Index 0.29 0.12 1.96 0.00 [+]
Tourist Arrivals 41696.00 37908.00 164663.00 511.00 Thousand [+]

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



Armenia Balance of Trade Notes

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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-206.10 -111.60 -33.98 -365.35 2003 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 555.00 Apr/17
Brazil 7661.00 May/17
Canada -370.30 Apr/17
China 407.90 May/17
Euro Area 17858.90 Apr/17
France -5535.00 Apr/17
Germany 18078.00 Apr/17
India -13841.70 May/17
Indonesia 474.00 May/17
Italy 3601.32 Apr/17
Japan -203.37 May/17
Mexico -1079.20 May/17
Netherlands 3833.00 Apr/17
Russia 8001.00 Apr/17
South Korea 5990.00 May/17
Spain -1198829.00 Apr/17
Switzerland 3400.03 May/17
Turkey -4945.41 Apr/17
United Kingdom -2050.00 Apr/17
United States -47617.00 Apr/17