Armenia Balance of Trade - Forecast

Balance of Trade in Armenia is expected to be -159.05 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Balance of Trade in Armenia to stand at -162.51 in 12 months time. In the long-term, the Armenia Balance of Trade is projected to trend around -162.47 USD Million in 2020, according to our econometric models.


Armenia Balance of Trade
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Armenia Trade Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -235 -184 -187 -187 -187 -187
Exports 171 189 188 188 188 188
Imports 407 372 374 374 374 374
Current Account -209 -93.62 -290 -206 -93.45 -219
Current Account to GDP -2.9 -2.8 -2.7 -3 -3 -3.2
External Debt 10688 10982 11164 11325 11505 12811
Capital Flows -470 -25.84 -401 -68.87 -180 -260
Terms Of Trade 97.7 99.99 100 100 100 100
Terrorism Index 2.37 1.31 1.38 1.32 1.26 0.31
Tourist Arrivals 52651 82000 64600 55800 76700 66800
Remittances 500 440 504 308 392 483
Foreign Direct Investment 97.8 55.55 78.65 74.65 63.38 67.5