Armenia Balance of Trade  2003-2017 | Data | Chart | Calendar | Forecast

Armenian trade deficit narrowed to $111.6 million in April 2017 from $129.7 million in the same month a year earlier. Exports grew 16.4 percent year-on-year to $165.3 million while imports increased at a slower 2.6 percent to $276.9 million. Considering the first four months of the year, the trade deficit widened to $472.2 million from $431.1 million in the same period of 2016, as exports went up 16.1 percent to $608.4 million while imports advanced 14.6 percent to $1,080.6 million. Balance of Trade in Armenia averaged -170.02 USD Million from 2003 until 2017, reaching an all time high of -33.98 USD Million in August of 2003 and a record low of -365.35 USD Million in December of 2008.

Armenia Balance of Trade
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Calendar GMT Reference Actual Previous Consensus Forecast (i)
2017-03-20 08:00 AM Feb $-115.2M $-98.4M $-145M
2017-04-20 07:00 AM Mar $-141.6M $-120.9M $-140M
2017-05-22 08:00 AM Apr $-111.6M $-141.6M $-160M
2017-06-20 07:00 AM May $-111.6M
2017-07-20 07:00 AM Jun
2017-08-22 07:00 AM Jul




Armenia Trade Last Previous Highest Lowest Unit
Balance of Trade -111.60 -141.60 -33.98 -365.35 USD Million [+]
Exports 165.30 168.80 169.80 34.21 USD Million [+]
Imports 276.90 310.20 482.90 78.72 USD Million [+]
Current Account -184.00 51.40 74.31 -511.22 USD Million [+]
Current Account to GDP -2.70 -7.30 -0.55 -22.09 percent [+]
External Debt 9951.82 9238.91 9951.82 1155.60 USD Million [+]
Capital Flows -142.20 -24.10 87.30 -705.70 USD Million [+]
Gold Reserves 1.40 1.40 1.40 1.36 Tonnes [+]
Remittances 442.00 374.90 742.69 98.05 USD Million [+]
Foreign Direct Investment 133.90 115.40 425.89 -67.53 USD Million [+]
Terms Of Trade 97.80 101.60 140.50 62.40 Index Points [+]
Terrorism Index 0.29 0.12 1.96 0.00 [+]
Tourist Arrivals 37908.00 62840.00 164663.00 511.00 Thousand [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



Armenia Balance of Trade Notes

Armenia’s foreign trade is limited due to landlocked location and border disputes with Turkey to the west and Azerbaijan to the east. As a result Armenia usually reports high trade deficits. Armenia’s main exports are metals and precious stones followed by energy, beverages, and vegetables and fruit. Armenia mainly imports oil, natural gas, cereals, rubber manufactures, cork and wood, and electrical machinery. Armenia’s main trading partners are Russia, Germany, Iran, the United States, China, Ukraine and Turkey . This page provides the latest reported value for - Armenia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Balance of Trade - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-111.60 -141.60 -33.98 -365.35 2003 - 2017 USD Million Monthly



balance of trade by Country

Last
Australia 3107.00 Mar/17
Brazil 6969.00 Apr/17
Canada -134.70 Mar/17
China 380.48 Apr/17
Euro Area 30899.90 Mar/17
France -5353.00 Mar/17
Germany 25385.00 Mar/17
India -13249.19 Apr/17
Indonesia 1238.30 Apr/17
Italy 5418.04 Mar/17
Japan 481.75 Apr/17
Mexico -183.00 Mar/17
Netherlands 6719.00 Mar/17
Russia 12598.00 Mar/17
South Korea 13254.00 Apr/17
Spain -1458000.00 Mar/17
Switzerland 1968.25 Apr/17
Turkey -4492.00 Mar/17
United Kingdom -4900.00 Mar/17
United States -43706.00 Mar/17