Trade & investment · Europe & Central Asia · Upper-middle income
Armenia: trade and investment
Exports is 48.1% (2025), 55th of 184 in the world and 24th of 52 in Europe & Central Asia. Imports is 53.6% (2025), 69th of 184 in the world and 24th of 52 in Europe & Central Asia. Trade openness is 101.7% (2025), 61st of 184 in the world and 25th of 52 in Europe & Central Asia.
13 indicators
Trade & investment: Armenia in detail
Latest reported value, world rank and rank within Europe & Central Asia; values around 2000, 2010, 2020; group and world columns are World Bank aggregates.
| Indicator | Latest | World rank | In region | ~2000 | ~2010 | ~2020 | 10-year change | Region | Income group | World | Since 2000 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ExportsExports of goods and services, % of GDP | 48.1%2025 | 55/184 | 24/52 | 22.2% | 19.7% | 30.1% | +18.4 ppsince 2015 | 43.7% | 25.9% | 29.5% | |
| ImportsImports of goods and services, % of GDP | 53.6%2025 | 69/184 | 24/52 | 50.1% | 44.9% | 40.0% | +11.7 ppsince 2015 | 41.0% | 23.8% | 28.5% | |
| Trade opennessTrade, % of GDP | 101.7%2025 | 61/184 | 25/52 | 72.2% | 64.6% | 70.1% | +30.0 ppsince 2015 | 81.8% | 48.9% | 68.5% | |
| Current accountCurrent account balance, % of GDP | -8.7%2025 | 155/185 | 46/50 | -15.8% | -13.6% | -4.0% | −6.1 ppsince 2015 | — | — | — | |
| Merchandise exportsMerchandise exports, current US$ | $8.4bn2025 | 112/206 | 40/51 | $294m | $1.0bn | $2.5bn | +465%since 2015 | $10.0tn | $7.7tn | $26.4tn | |
| High-tech exportsHigh-technology exports, % of manufactured exports | 23.6%2024 | 24/170 | 7/47 | · | 2.3% | 7.1% | +20.6 ppsince 2014 | 21.4% | 23.2% | 24.7% | |
| Fuel exportsFuel exports, % of merchandise exports | 1.0%2025 | 118/172 | 43/48 | 10.1% | 3.0% | 3.0% | −4.9 ppsince 2015 | 6.3% | 5.2% | 9.5% | |
| Food exportsFood exports, % of merchandise exports | 18.4%2025 | 81/172 | 11/48 | 13.5% | 16.2% | 31.8% | −10.4 ppsince 2015 | 10.6% | 9.0% | 9.0% | |
| Average tariffApplied tariff rate, weighted mean, all products | 3.6%2021 | 101/184 | 5/46 | 2.4%2001 | 2.8% | 3.1% | +0.5 ppsince 2011 | — | — | — | |
| FDI inflowsForeign direct investment, net inflows, % of GDP | 2.4%2025 | 87/197 | 21/51 | 5.5% | 5.7% | 0.5% | +0.7 ppsince 2015 | 1.0% | 1.1% | 1.4% | |
| RemittancesPersonal remittances received, % of GDP | 5.4%2025 | 53/178 | 12/50 | 9.5% | 18.0% | 10.5% | −8.8 ppsince 2015 | 0.8% | 1.0% | 0.8% | |
| Tourist arrivalsInternational tourist arrivals | 375,0002020 | 136/196 | 45/51 | 45,000 | 684,000 | 375,000 | −45%since 2010 | 1.2bn | 573m | 2.4bn | |
| Tourism receiptsInternational tourism receipts, current US$ | $303m2020 | 108/177 | 38/42 | $52.0m | $694m | $303m | −56%since 2010 | $590bn | — | $1.9tn |
Source: World Bank, World Development Indicators (CC BY 4.0)“·” — no value reported within two years of that date. World rank counts countries with a recent value.
neighbours
Armenia and its neighbours
Countries sharing a land border with Armenia. Latest values since 2005; the highest in each row is marked.
| Indicator | Armenia | Iran | Türkiye | Azerbaijan | Georgia |
|---|---|---|---|---|---|
| Exports | 48.1%2025 | 25.8%2025 | 24.8%2025 | 43.0%2025 | 47.4%2025 |
| Imports | 53.6%2025 | 34.5%2025 | 25.1%2025 | 36.8%2025 | 53.2%2025 |
| Trade openness | 101.7%2025 | 60.2%2025 | 49.9%2025 | 79.8%2025 | 100.6%2025 |
| Current account | -8.7%2025 | — | -1.9%2025 | 4.6%2025 | -2.6%2025 |
| Merchandise exports | $8.4bn2025 | $113bn2025 | $273bn2025 | $25.0bn2025 | $7.3bn2025 |
| High-tech exports | 23.6%2024 | 0.8%2022 | 5.1%2024 | 2.9%2024 | 3.8%2024 |
| Fuel exports | 1.0%2025 | 68.0%2023 | 5.4%2025 | 85.9%2025 | 3.1%2025 |
| Food exports | 18.4%2025 | 5.6%2023 | 11.8%2025 | 5.2%2025 | 45.4%2025 |
| Average tariff | 3.6%2021 | 12.1%2020 | 4.3%2022 | 5.5%2022 | 0.4%2022 |