Armenia Balance of Trade - Forecast

Balance of Trade in Armenia is expected to be -172.08 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 -169.30 in 12 months time. In the long-term, the Armenia Balance of Trade is projected to trend around -161.78 USD Million in 2020, according to our econometric models.


Armenia Balance of Trade
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Armenia Trade Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade -151 -172 -172 -171 -169 -162
Exports 177 202 192 187 183 150
Imports 328 326 310 304 299 269
Current Account 3.46 -70.95 -9.09 -20.03 -65.17 -59.96
Current Account to GDP -2.9 -2.8 -2.8 -2.8 -2.7 -3.2
External Debt 9903 9820 9764 9716 9667 9115
Capital Flows 67.7 25.37 -65.94 15.86 -47.63 -44.54
Terms Of Trade 102 101 100 101 101 101
Terrorism Index 2.37 1.34 1.35 1.37 1.39 0.42
Tourist Arrivals 83054 42100 69100 77500 50500 54800
Remittances 336 272 323 355 401 361
Foreign Direct Investment 48.4 74.32 47.4 53.13 76.86 65.14