Exports of goods and services rose 30.2% to USD 4,898 bil in Armenia in 2021, according to the National Statistical Office.
Historically, exports of goods and services in Armenia reached an all time high of USD 5,632 bil in 2019 and an all time low of USD 332 bil in 1997. When compared to Armenia's main peers, exports of goods and services in Azerbaijan amounted to USD 25,488 bil, USD 8,045 bil in Georgia, USD 82,156 bil in Iran and USD 289,144 bil in Turkey in 2021.
Armenia has been ranked 119th within the group of 151 countries we follow in terms of exports of goods and services, 23 places above the position seen 10 years ago.
Exports of Goods and Services (USD) | Unit | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
Armenia | USD bil | 3,137 | 3,559 | 4,405 | 4,908 | 5,632 | ||||||||||||||||
Azerbaijan | USD bil | 20,059 | 17,581 | 19,839 | 25,484 | 23,630 | ||||||||||||||||
Bulgaria | USD bil | 32,399 | 34,461 | 39,660 | 43,598 | 44,061 | ||||||||||||||||
Georgia | USD bil | 6,111 | 6,178 | 7,557 | 8,897 | 9,577 | ||||||||||||||||
Greece | USD bil | 62,868 | 60,431 | 70,014 | 82,684 | 82,328 | ||||||||||||||||
Iran | USD bil | 76,421 | 96,911 | 110,639 | 100,227 | 66,635 | ||||||||||||||||
Iraq | USD bil | 57,561 | 46,830 | 63,497 | 92,772 | 88,903 | ||||||||||||||||
Pakistan | USD bil | 28,691 | 27,401 | 27,888 | 30,562 | 30,136 | ||||||||||||||||
Russia | USD bil | 391,365 | 330,107 | 410,722 | 510,346 | 481,410 | ||||||||||||||||
Turkey | USD bil | 212,028 | 200,756 | 223,678 | 242,516 | 247,186 | ||||||||||||||||
Turkmenistan | USD bil | 12,772 | 8,012 | 8,521 | 9,239 | ... | ... | ... |