The trade deficit in Armenia narrowed to USD 308.2 million in July 2025 from USD 429 million in the same month last year. Exports declined 5.3% year-on-year to USD 738.8 million, while imports rose 3.7% to USD 1,046.2 million. source: National Statistical Service of the Republic of Armenia

Armenia recorded a trade deficit of 308.20 USD Million in July of 2025. Balance of Trade in Armenia averaged -200.10 USD Million from 2003 until 2025, reaching an all time high of 96.80 USD Million in December of 2023 and a record low of -483.40 USD Million in March of 2023. 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 - data, historical chart, forecasts and calendar of releases - was last updated on September of 2025.



Calendar GMT Reference Actual Previous Consensus TEForecast
2025-07-25 08:00 AM
Balance of Trade
Jun $-271.9M $-402.1M $-403.0M
2025-08-25 08:00 AM
Balance of Trade
Jul $-308.2M $-228.2M $-290.0M
2025-09-25 08:00 AM
Balance of Trade
Aug $-308.2M


Related Last Previous Unit Reference
Balance of Trade -308.20 -228.20 USD Million Jul 2025
Capital Flows -461.50 -284.00 USD Million Mar 2025
Exports 738.80 780.30 USD Million Jul 2025
Imports 1046.20 1008.50 USD Million Jul 2025
Terms of Trade 95.90 111.11 points Jun 2025
Tourist Arrivals 520394.00 386741.00 Thousand Jun 2025

Armenia Balance of Trade
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.
Actual Previous Highest Lowest Dates Unit Frequency
-308.20 -228.20 96.80 -483.40 2003 - 2025 USD Million Monthly

News Stream
Armenia Trade Balance Swings to Deficit in December
The trade balance in Armenia posted a USD 374.1 million deficit in December 2024, reversing from a USD 96.8 million surplus in the same month of the previous year, as imports rose faster than exports. Year-on-year, imports surged 73.5% to USD 1,131.5 million, while exports grew at a slower pace of 51.4%, reaching USD 757.4 million. For the entire year, the country’s trade deficit totaled USD 3,947.7 million, with exports soaring 53.1% and imports increasing by 33.8% compared to the previous year.
2025-01-31
Armenia Trade Deficit Narrows in October
The trade deficit in Armenia narrowed to USD 373.8 million in October 2024, down from USD 447.5 million in the same month of the previous year, as exports grew faster than imports. Year-on-year, exports surged by 23.1% to USD 931.6 million, while imports increased at a slower pace of 6.6% to USD 1,305.4 million. For the period from January to October, the country's trade deficit stood at USD 3,130.8 million, with exports rising by 95.1% and imports by 50.8% compared to the corresponding period last year.
2024-11-25
Armenia Trade Gap Smallest in 7 Months
Armenia posted a trade deficit of USD 224 million in September 2024, smaller than USD 341 million in the corresponding month of the previous year. This was the slimmest trade shortfall since February, as exports jumped by 38.9% year-on-year to USD 857.1 million while imports rose at a slower 11.9% to USD 1,081 million.
2024-10-25