Institutional Sign In

Go

Exports of Goods and Services (USD) rose 30.2% to USD 4,898 bil in Armenia in 2021

Exports of Goods and Services (USD) (USD bil), 2021
Economy | Armenia | February 1, 2023
$2.99
Excel Sheet

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 ... ... ...