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Armenian exports in 2017 record highest growth over five years

Armenia’s exports in 2017 surged by 25.2% to $2,242.9 billion, the largest growth reported over the last five years, according to the National Statistical Service. YEREVAN, January 31. /ARKA/. Armenia’s exports in 2017 surged by 25.2% to $2,242.9 billion,...

01/31/2018


Armenian exports drop by 8.6% in first quarter to $542.9 million

Armenia’s exports in the first quarter of 2019 slashed by 8.6% or $51.36 million to $542.9 million, when compared to the same period of 2018, the National Statistical Committee (NSC) said. YEREVAN, May 6. /ARKA/. Armenia’s exports in the first quarter of ...

05/06/2019


Armenian exports in quarter one, 2018 surge by 34.4 percent to $597.3 million

Armenia’s exports in the first quarter of 2018 surged by 34.4% from the same time span in 2017 to $597.3 million, according to numbers, released today by the National Statistical Service (NSS). YEREVAN, May 8. /ARKA/. Armenia’s exports in the first quarter ...

05/08/2018


Some 76% of Armenian exports in 2023 went to Russia, UAE and Hong Kong- economist

In 2023, 34% of Armenian exports went to the UAE and Hong Kong, and about 42% to Russia, while exports to other countries dropped by 12 %, according to economist Aghasi Tavadyan. YEREVAN, April 17. /ARKA/. In 2023, 34% of Armenian exports went to the UAE and Hong Kong, and ...

04/17/2024


Armenia's foreign trade in 5 months of 2023 soars by 86.9% to over $7.3 bln.

... by 15.2% to $283.1 million, trade with Japan grew by almost 6 times to $182.4 million, trade with Georgia grew by 11.6% to $105.4 million, trade with Iraq fell by 2.4% to $86.1 million and trade with Republic of Korea almost tripled to $75,8 million. Exports Armenian exports in January-May 2023 increased by 93.3% from January-May 2022 to about $2.7 billion, In May 2023 alone, exports grew by $526.7 million, an increase of 47.6% compared to May 2022. Compared to April 2023 it was down 2.1%. Armenian ...

07/07/2023


Armenia's foreign trade doubles in the first quarter to over $4.2 billion

... million, up 86.7%). Armenia’s trade with China soared by 43.5% to $448.8 million. Trade with the UAE grew tenfold to $299. 5 million, trade with USA grew by 2.7 times to $173.8 million and trade with Iran grew by 22.6% to $172.1 million. Armenian exports increased 2.3-fold against January-March 2022, amounting to about $1.7 billion. In March 2023, exports grew by 2.7 fold to $626.6 million, and by 10.3% against February 2023. Armenian exports to the CIS countries amounted to $888.2 million, having ...

05/05/2023


Armenian exports soar without government’s support –founder of Export Armenia says

In an interview with ARKA news agency, Emil Stepanyan, founder of Export Armenia community, said that Armenia's exports are growing in spite of the government’s inaction and lack of any support. YEREVAN, October 18. /ARKA/. In an interview with ARKA news agency, Emil Stepanyan, founder of Export Armenia community, said that Armenia's exports are growing ...

10/18/2022


Armenia's foreign trade grows by 41.2% to $15.4 billion in 10 months of 2023

... ($888.4 million, up 92.8%), USA ($596 million, up 83.3%), Iran ($567 million, up 0.2%), Japan ($315.5 million, up 2.4 times), Georgia ($215.6 million, down 13.7%), Republic of Korea ($170.5 million, up 2.2 times), and Iraq ($150 million, down 23.5%). Exports Armenian exports increased by 38.5% to $5.8 billion. Exports to Russia upped by 63% to about $2.9 billion, exports to Belarus surged by 65.3% to $92 million and exports to Kzakhstan grew by 4.3 times to $60 million. Exports to the EU countries ...

12/06/2023


Armenia's foreign trade grew by 62.5% over 9 months, exceeding $9.3 billion

...,800, up 46.3%). Armenia's trade with China amounted to $1,209,232,900, up 42.5%. The trade with Iran grew by 45.2% to $495,982,900; the trade with UAE grew 3.7 times to $317,872,300, and the trade with USA more than doubled to $282,304,100. Armenian exports grew by 63.8% to $3,509,421,200. In 2022, September alone Armenian exports grew 2.5 from the year before to $581,600,000. Exports to the CIS countries totaled $1,498,173, 000, having increased 2.3 times compared to the same period last year. Exports ...

11/08/2022


World Bank named the key factor in exports from Armenia in July

Re-exports of gold and jewelry remained a key driver of Armenia’s export growth in July, according to the World Bank’s “Armenia Monthly Economic Update – September 2024”. YEREVAN, September 24 /ARKA/. Re-exports of gold and jewelry remained ...

09/24/2024


Armenian goods exports up 57.4% in May due to re-exports of gold and jewellery - WB

Gold and jewelry re-exports continued to drive export growth, according to the World Bank's Armenia Monthly Economic Update – July 2024 review, published on Tuesday. YEREVAN, 16 July. /ARKA/. Gold and jewelry re-exports continued to drive export growth, according to ...

07/16/2024


Significant part of Armenia's exports in 2022 were re-exports - Luys Foundation

A surge in Armenia’s exports in 2022 was driven by endogenous factors and contains significant risks, Luys Foundation said in a report. YEREVAN, August 4. /ARKA/. A surge in Armenia’s exports in 2022 was driven by endogenous factors and contains significant risks, Luys ...

08/04/2023


Armenia's foreign trade turnover in January 2023 increased by 93.8% to nearly $1.3 billion.

... January 2022, the National Statistical Committee said. However, compared to December last year, the foreign trade in January 2023 was down 18.3%. In January 2023, the volume of foreign trade turnover in Armenian drams amounted to 514.4 billion. Armenian exports in January 2023 increased 2.3-fold against the same period of 2022, amounting to $572.8mln. In January, a decrease of 1.1% was registered against December 2022. In January 2023, exports in drams stood at 226.6 billion. Imports during the reporting ...

03/06/2023


Armenia's foreign trade in January-August 2022 soars by 56.2% to over $7.8 billion- NSC

... States almost doubled to $239.8 million, that with Georgia grew by 78.5% to $207.1 million, the trade with Switzerland dropped by 15% to $204.5 million, that with Iraq upped by 51% to $150.1 million and that with Japan grew by 2.5 times to $79.7 million. Exports Armenia's exports in the first 8 months of 2022 grew by 52.9% from January-August 2021 to over $2. 9 billion. In August 2022 alone, exports amounted to $561.3 million, increasing 2.1fold compared to August 2021, and by 17.5% compared to July ...

10/05/2022


Armenia's foreign trade grows by 47.7% in 7 months of 2022 to over $6.3 bln

... trade with Iran upped 28.1% to $276.8 million, trade with the USA grew by 81% to $189.2 million, the trade with UAE almost tripled to $189 million, trade with Switzerland fell by 13% to $182 million and trade with Iraq grew 57.7% to $129, 3 million. Exports Armenia's exports in the seven months of 2022 grew by 43.9% yoy to about $2.4 billion. In July 2022 alone, exports increased by 82.2% from 2021 July to $472.7 million. Armenian exports to the CIS countries totaled about $817.3 million, having ...

09/06/2022


Armenian exports in 2019 estimated to have grown by 9-10%, minister says

Armenian exports in 2019 are estimated to have grown by 9-10%, Economy Minister Tigran Khachatryan told reporters on Tuesday. YEREVAN, January 14. /ARKA/. Armenian exports in 2019 are estimated to have grown by 9-10%, Economy Minister Tigran Khachatryan told ...

01/14/2020


World Bank assesses diamonds exports and re-exports on Armenia’s foreign trade

Armenia almost tripled its exports in April thanks to a tenfold increase in the exports of precious and semiprecious stones, the World Bank revealed in its monthly economic update. YEREVAN, July 1. /ARKA/. Armenia almost tripled its exports in April thanks to a tenfold increase ...

07/01/2024


Armenian export growth continued to soar due to robust exports of gold and jewelry- World Bank

Armenian export growth continued to soar due to robust exports of gold and jewelry, the World Bank says in its Armenia Monthly Economic Update – April 2024». . YEREVAN, April 19. /ARKA/. Armenian export growth continued to soar due to robust exports of gold and jewelry, the World Bank says in its Armenia ...

04/19/2024


Armenia's foreign trade ups 79% in January 2024 yoy to about $2.2 billion-NSC

... France ($6.4 million, down 52.7%). The trade turnover with UAE grew by almost 7 times to $338.9 million, trade with China grew by 40.3% to $199.3 million, trade with USA upped by 4% to $51.4 million and trade with Iran grew by 22% to $36.8 million. Exports Exports to Russia grew by 5.5% to $247.2 million. Exports to the European Union countries in January of this year decreased by 38% compared to January 2023 to $33.5 million. Exports to Belgium more than doubled to $10.6 million, exports to Slovakia ...

03/06/2024


Armenia's business culture should be improved in order to boost exports - Head of Mantashyants Entrepreneurs Union (exclusive)

In order to boost Armenian exports, first, the business culture in the country should be improved and conditions created for local business community to set for itself more ambitious goals, the head of the Mantashyants Entrepreneurs Union Vahram Mirakyan said in an exclusive interview ...

11/15/2022


Armenia's foreign trade surges by 36.6% in five months of 2022 to over $3.9 billion

... Iran ($245.8 million, up 33.7%), USA ($128 million, 74.1% growth), Switzerland ($122.6 million, down 16.2%), Georgia ($92 million, up 48.9%), UAE ($90.2 million, up 89.5%), Iraq ($88.3 million, up 65%), and Japan ($31.7 million, up 98.4%). Armenian exports in the first five months of 2022 rose by 27.5% from January-May 2021, to about $1.4 billion. Armenian exports to CIS countries amounted to $418 million, having increased by 31.8% compared to the same period last year. Russia ($387.2 million, 32....

07/08/2022


Armenia’s foreign trade upped 17.7 % in 2021 to over $8.3 billion

... million, up 25.2%), Switzerland ($385.3 million, 18.4% decline), the United States ($207.4 million, up 35.9%), Georgia ($190.3 million, up 45.9%), Iraq (over $182 million, up 9.6%) and the UAE ($11.6 million, up 3.4%). According to the statistical data, exports from Armenia in 2021 rose by 19.1% to $3,022.4 billion compared to January-December 2020. In December 2021, exports were up $303.2 million from December 2020, (up 14.3%), and up 0.9% compared to November 2021. Exports Armenian exports to CIS ...

02/09/2022


Exports of canned fruits, vegetables and juices account for 6.7% of Armenia’s overall food exports: study

Exports of canned fruits, vegetables and juices account for about 6.7% of Armenia’s overall food exports, the largest portion of food exports, according to Karen Martirosyan, deputy head of Ameria’s advisory unit, who presented today the findings ...

04/10/2013


Around 90 percent of Armenian exports secured by 25 product items

Some 88 percent of Armenian exports in 2011 were secured by 25 product items, Gagik Makaryan, the chairman of the Armenian National Union of Employers, told a news conference today. YEREVAN, October 10. / ARKA /. Some 88 percent of Armenian exports in 2011 were secured by 25 product ...

10/10/2012


Armenian exports growth driven by 7-fold increase in exports of precious and semi-precious stones

Armenian export growth was exceptionally high, driven by a significant increase in gold and jewelry exports. Export of goods grew 86 percent (yoy) in November 2023, driven by a 7-fold increase in exports of precious and semi-precious stones, . the World Bank says in its ‘Armenia Monthly Economic Update – January 2024.’ YEREVAN, January 26....

01/26/2024


Armenia's foreign trade ups 62.6% in 7 months of 2023 to over $10.3 bln.

... million, up 41.3%), the Netherlands ($227.4 million, up 41.3%), Poland ($118.4 million, 2.8 times growth) and France ($91.4 million, 64.3% growth). The trade with China grew by 43% to about $1.2 billion, trade with Iran grew by 8.3% to $396.8 million. Exports Armenian exports increased by 62.1% to over $3.8 billion. Armenian exports to Russia grew 2.6 fold to over $2 billion. Exports to the EU countries decreased by 11.7% to $376.4 million. Exports to the Netherlands grew by almost 40% to $187.2 million,...

09/06/2023


Armenia's foreign trade soars by 44 % in first half of 2022 to $5.1 billion

... and Belgium ($69,387,900, up 46%). Trade with China increased by 24.4% to $679,321,700, trade with Iran grew by 37.3% to $307,756,700, trade with the United States surged by 76.8% to $157,500,700 and trade with Georgia upped by 76.8% to $307,756,700. Exports Armenian exports grew by 36.3% to $1,881,533,900. Exports to the CIS countries amounted to $584,061,500 having increased by 46.9% compared to the same period last year. The top three leading importers of Armenia-made goods were Russia ($542,802,...

08/05/2022


Economy minister assesses impact of Russian-Ukrainian war on Armenian exports

Economy Minister Vahan Kerobyan said according to some expert estimates, Armenian exports will drop by 40-50% due to the Russian-Ukrainian war. YEREVAN, March 3. /ARKA/. Economy Minister Vahan Kerobyan said according to some expert estimates, Armenian exports will drop by 40-50% due to the Russian-Ukrainian war. “But there are ...

03/03/2022


Armenia's exports increased by $42.5 million in first 7 months of 2019

Armenia's exports increased by $42.5 million over the first 7 months of 2019, Prime Minister Nikol Pashinyan said at a press conference in Vanadzor on Monday. YEREVAN, September 16. /ARKA/. Armenia's exports increased by $42.5 million over the first 7 months ...

09/16/2019


Armenia will develop only when its exports double - economist says

Armenia will be able to develop only when the ratio of its exports to GDP will grow from the current 16% to 30%, an economist Ashot Tavadyan said at a conference today hosted by Armenia’s second largest city of Gyumri. GYUMRI, October 21, /ARKA/. Armenia will be able to develop only when the ratio of ...

10/21/2016


World Bank: UAE largest importer of Armenian goods

The United Arab Emirates remains the largest importer of Armenian goods, mainly due to gold and jewelry exports, according to the Armenia Monthly Economic Update May 2024, published by the World Bank on Wednesday. YEREVAN, 22 May. /ARKA/. The United Arab Emirates remains the largest importer of Armenian goods, mainly due to gold and jewelry exports, according ...

05/22/2024


United Arab Emirates is now Armenia’s leading export destination, says World Bank

Armenian export growth remained exceptionally high in 2023 owing to high exports of gold and jewelry, the World Bank says in its "Armenia Monthly Economic Update - February 2024". YEREVAN, February 19. /ARKA/.. Armenian export growth remained exceptionally high in 2023 owing to high exports of gold and jewelry,...

02/19/2024


Armenia's foreign trade soars by 52.4% in two months of 2022 to over $1.4 billion- NSC

... about $37.6 million, with Iraq surged by 2.3 times to about $34.5 million, with Georgia upped by 45.3% to $29.2 million, trade with the UAE was down 0.5% to about $15.9 million and trade with Japan grew by 3.4 times to about $11.6 million. Armenian exports grew by 40.1% from January-February 2021, amounting to about $503.7 million. Exports to CIS countries totaled about $160.7 million, having increased by 44%. The top three largest importers of Armenian goods were Russia ($147.9 million, up 43.1%),...

04/06/2022


Armenian exports to Russia slash by 30% in March

Armenia's exports to Russia have slashed by about 30% in March, Economy Minister Vahan Kerobyan said at a press briefing today. YEREVAN, March 24. /ARKA/. Armenia's exports to Russia have slashed by about 30% in March, Economy Minister Vahan Kerobyan said at ...

03/24/2022


Armenia’s exports of polished diamonds in the first half more than doubled

Armenia’s exports of polished diamonds in the first half of 2016 more than doubled from the year ago to 69,500 carats, according to the official data of the Customs Service. YEREVAN, September 9. /ARKA/. Armenia’s exports of polished diamonds in the first ...

09/09/2016


Newspaper questions Armenian government’s assurances to further growth in exports

A story in an Armenian daily Hayots Ashkhar (Armenian World) questions the government’s assurances to boost exports and lower imports. YEREVAN, June 27, /ARKA /. A story in an Armenian daily Hayots Ashkhar (Armenian World) questions the government’s assurances to boost exports and lower imports.  Citing official data for the first five months of the ...

06/27/2012


Without re-export of precious metals, Armenia's exports would have hardly grown in September - WB

Armenian exports increased 39 percent (yoy) in September, driven by re-exports of precious and semi-precious stones and metals, according to World Bank's Armenia Monthly Economic Update – November 2024. YEREVAN, 21 November. /ARKA/. Armenian exports increased ...

11/21/2024


Armenia's foreign trade nearly doubles in 7 months to $20.4 billion

... 59.3%) and France ($83.4 million, down 8.8%). Trade with the UAE grew to about $4 billion, up 7.3 times, trade with China grew to about $1.7 billion, up 41.6%, that with Iran fell by 2% to $388.9 million and trade with the USA fell to $265.2 million. Exports According to statistics, exports from Armenia increased by 2.2 times compared to January-July 2023 to over $8.7 billion. Exports to Russia fell to $1.7 billion, a decline of 22.4%. Exports to the EU countries decreased by 26.3% compared to January-July ...

09/05/2024


Armenia's foreign trade doubles in two months of 2024 to over $5.3 billion

... Netherlands ($20.1 million, down 74.2%) and France ($15.8 million, down 31.7%). Trade with the UAE grew by more thnan 7 times to $1.2 billion; trade with China grew to $491.7 million, an increase of 84.5%), and trade with Iran fell by 16% to $88.3 million. Exports Armenian exports grew 2.6 times to about $2.6 billion. Exports to Russia fell by about 1% to $510.4 million. Exports to the EU dropped by about 27% to $85.1 million Exporst to Belgium grew by about 4 times to $26.3 million, exprots to the Netherlands ...

04/05/2024


Armenia's foreign trade grows by 45.8% to $13.6 billion in 9 months of 2023

... USA -$548.4 million (96.3% growth), Iran -$507,2 million, (2.2% growth), Japan - $297.4 million (2.8-fold growth), Georgia -$194.7 million (15.6% decline), Republic of Korea -$153.4 million ( 2.3-fold growth) and Iraq -$137.7 million (18.4% decline). Exports Exports from Armenia increased by 44.8% to over $5.12 billion. Exports to Russia grew by 85% to over $2.6 billion, exports to Belarus grew by 61% to about $81 million and exports to Kazakhstan grew by 4.5 times to $47.6 million. Exports to the ...

11/06/2023


WB: Armenian exports and imports continue to experience double-digit monthly growth rates

Armenia's exports and imports of goods continued to experience double-digit monthly growth rates, while moderating compared to the first few months of 2023, according to the World Bank's "Armenia monthly economic update - september 2023" review. YEREVAN,...

10/02/2023


Armenian exports to EEU member countries upped 2.8 times in 2022 to $1.6 bln

Armenia's exports to the Eurasian Economic Union (EEU) member countries grew by 2.8 times in 2022 to $1.6 billion, the Eurasian Development Bank said. YEREVAN, February 21. /ARKA/. Armenia's exports to the Eurasian Economic Union (EEU) member countries grew ...

02/21/2023


Armenian exports in September grew 150 percent

Armenia's exports in September 2022 increased by over 150% (from 2021 September), Economy Minister Vahan Kerobyan told ARKA news agency. YEREVAN, October 19. /ARKA/. Armenia's exports in September 2022 increased by over 150% (from 2021 September), Economy ...

10/19/2022


Armenia's foreign trade grows by 38.5% in first quarter of 2022 to over $2 bln.

... trade with the USA grew by 60.7% to $65.2 million, trade with Iraq doubled to $51.6 million, the trade with Georgia grew by 45.7% to $44.7 million, trade with the UAE upped by 9.7% to $29.6 million and that with Japan grew by 2.7 times to $17.2 million. Exports Armenian exports in the 1st quarter of 2022 rose by 26.9% to about $731.8 million. Exports to the CIS countries amounted to about $203.2 million, having increased by 22.8% compared to the same period last year. Exports to Russia grew by 23.3% ...

05/05/2022


Exports of Armenian goods and services in 2019 increased by 10.3, while poverty level dropped to 23.5%

Armenia's Prime Minister Nikol Pashinyan told a government meeting today that exports of goods and services in 2019 increased by 10.3%. YEREVAN, February 27. /ARKA/. Armenia's Prime Minister Nikol Pashinyan told a government meeting today that exports of goods and services in 2019 increased by 10.3%. More precisely, exports ...

02/27/2020


Armenian wine exports surge by 24.7% in first half

Armenian wine exports in the first six months of 2016 grew by 24.7% from the same time span of 2016 to 779,900 liters, according to the figures released by the Customs Service. YEREVAN, September 6. / ARKA /. Armenian wine exports in the first six months ...

09/06/2016


Armenia’s diamond exports shrink 40.3% in 2015

Armenia’s diamond exports shrank 40.3% in 2015 from 160,100 carats to 95,500 carats, the Armenian customs service reports. YEREVAN, April 21./ARKA/. Armenia’s diamond exports shrank 40.3% in 2015 from 160,100 carats to 95,500 carats, the Armenian customs service ...

04/21/2016


Armenia’s domestic trade in 2015 falls by 6.4 percent

... domestic trade decline, in 2015 some 1,120 new retail trade outlets opened, which was by 6.7% more than a year earlier. According to the National Statistical Service, Armenia's foreign trade turnover in 2015 fell by 20.6% from 2014 to about $4.75 billion. Exports declined by 3.9% to about $1.5 billion. The decline in exports was largely due to a 25.3% drop in exports to CIS member countries and a 5.2% drop to the EU. In particular, exports of food (including drinks) fell by 8.9%, exports of plastic and ...

02/03/2016


Weakening Armenian dram is blamed on imbalance between exports and imports

Vazgen Safaryan, the chairman of the Union of Domestic Commodity Producers, has blamed today the weakening Armenian national currency, the dram, on the imbalance between exports and imports. YEREVAN, December 8. / ARKA /. Vazgen Safaryan, the chairman of the Union of Domestic Commodity Producers, has blamed today the weakening Armenian national currency, the dram, on the imbalance between exports and imports....

12/08/2014


In January-September, Armenia's exports grew by 2.1 times, imports - by 2.5%, but there are nuances - Minister

Speaking at a parliamentary discussion on the 2025 draft budget  Finance Minister Vahe Hovhannisyan recalled that a 2.1-fold increase in exports was recorded in January-September 2024. YEREVAN, 28 October. /ARKA/. Speaking at a parliamentary discussion on the 2025 draft budget Finance Minister Vahe Hovhannisyan recalled that a 2.1-fold increase in exports was recorded in January-September ...

10/28/2024


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