Armenia Importer-Exporter-Directory-Customs-Shipment-Global-Trade-Intelligence-Data

ARMENIA IMPORTER EXPORTER DIRECTORY

Import Export Market overview :- The economy of Armenia is ranked 132nd in the world, with a nominal gross domestic product (GDP) of $10.561 billion per annum. It is also the 129th largest in the world by purchasing power parity (PPP), at $25.329 billion per annum. Until independence, Armenia's economy was based largely on industry—chemicals, electronic products, machinery, processed food, synthetic rubber and textiles; it was highly dependent on outside resources. Agriculture accounted for only 20% of net material product and 10% of employment before the breakup of the Soviet Union in 1991. Armenian mines produce copper, zinc, gold and lead. The vast majority of energy is produced with imported fuel, including gas and nuclear fuel from Russia (for its one nuclear power plant.) The main domestic energy source is hydroelectric. Small amounts of coal, gas and petroleum have not yet been developed.

CAPITAL OF ARMENIA

Yerevan

ARMENIA CURRENCY

Armenian Dram

FISCAL YEAR OF ARMENIA

Calendar Year

TRADE ORGANISATIONS

CISFTA, EEU, WTO

ARMENIA WORLD WIDE RANK IN MERCHANDISE EXPORT IMPORT AS PER 2015

EXPORT : 141

IMPORT : 137

SHARE IN WORLD TOTAL EXPORT (2015)

0.01

SHARE IN WORLD TOTAL IMPORT (2015)

0.02 

 

ARMENIA LANGUAGES :

Armenian (official) 97.9%, Kurdish (spoken by Yezidi minority) 1%, other 1% (2011).

 

RELIGION IN ARMENIA :

Armenian Apostolic 92.6%, Evangelical 1%, other 2.4%, none 1.1%, unspecified 2.9% (2011).

 

LITERACY OF ARMENIA :

Total Population: 99.7%

Male: 99.7%

Female: 99.6% (2015)

 

OFFICIAL COUNTRY LONG NAME :

Republic of Armenia

 

FLAG DESCRIPTION OF ARMENIA :

Three equal horizontal bands of red (top), blue, and orange; the color red recalls the blood shed for liberty, blue the Armenian skies as well as hope, and orange the land and the courage of the workers who farm it.

 

NATURAL RESOURCES :

Small deposits of gold, copper, molybdenum, zinc, bauxite.

 

COMMODITY WISE EXPORT IMPORT OF ARMENIA (YEAR 2015) :

Commodity

Export

Import

Agricultural Products

  26.3

 21.7

Fuels And Mining Products

  42.4

 23.5 

Manufactures

  23.5

 54.2 

Other

  7.9

 0.7

 

TOP SUPPLYING COUNTRIES AND BUYING COUNTRIES OF ARMENIA :

Armenia Export

Total Share %

Armenia Import

Total Share %

European Union (28)

  29.7

Russian Federation

  30.4

Russian Federation

  15.2

European Union (28)

  23.3

China

  11.1

China

  9.7

Iraq

  8.8

Iran

  6.1

Other

  35.1

Other

  30.5

 

INDUSTRIES:

Diamond processing, metal-cutting machine tools, forging and pressing machines, electric motors, knitted wear, hosiery, shoes, silk fabric, chemicals, trucks, instruments, microelectronics, jewelry, software, food processing, brandy, mining.

 

TOP INDUSTRIAL – MERCHANDISE (NON AGRICULTURE)  EXPORTED PRODUCTS OF ARMENIA :

HS Code

Product_Commodity

Total Share In Export

2603

Copper Ores And Concentrates

29%

7108

Gold

9%

7607

Aluminium Foil

8%

2716

Electrical Energy

7%

7102

Diamonds, Whether Or Not Worked

7%

 

TOP INDUSTRIAL – MERCHANDISE (NON AGRICULTURE)  IMPORTED PRODUCTS OF ARMENIA  :

HS Code

Product_Commodity

Total Share In Import

2711

Petroleum Gases

17%

2710

Petroleum Oils, Other Than Crude

8%

3004

Medicaments In Measured Doses

4%

8703

Motor Cars For Transport Of Persons

3%

7102

Diamonds, Whether Or Not Worked

3%

 

AGRICULTURE PRODUCTS :

Fruit (especially grapes), vegetables,livestock.

 

TOP EXPORTED AGRICULTURE PRODUCTS OF ARMENIA :

HS Code

Product_Commodity

Total Share In Export %

2402

Cigars, Cheroots, Cigarillos

0.45 

2208

Alcohol Of Less Than 80% Volume

0.25 

0406

Cheese And Curd

0.06 

2008

Plants' Parts Otherwise Preserved

0.02 

0809

Apricots, Cherries, Peaches

0.02 

 

TOP IMPORTED AGRICULTURE PRODUCTS OF ARMENIA :

HS Code

Product_Commodity

Total Share In Import %

1001

Wheat And Meslin

0.11

2402

Cigars, Cheroots, Cigarillos

0.07 

2401

Unmanufactured Tobacco

0.06 

1806

Chocolate And Other Cocoa Food

0.06 

0207

Meat And Edible Offal Of Poultry

0.05 

 

EXCHANGE RATE HISTORY :

Drams (AMD) Per US Dollar :

492.7 (2016)
477.92 (2015)
477.92 (2014)
415.92 (2013)
401.76 (2012)

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