Goods exports as a part of the balance of payment rose 20.5% to USD 3.28 bil in Armenia in 2021, according to the National Statistical Office.
Historically, goods exports as a part of the balance of payment in Armenia reached an all time high of USD 3.36 bil in 2019 and an all time low of USD 0.156 bil in 1993.
Armenia has been ranked 113th within the group of 140 countries we follow in terms of goods exports as a part of the balance of payment, 18 places above the position seen 10 years ago.
Goods Exports (BoP, 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 | 1.62 | 1.89 | 2.39 | 2.72 | 3.36 | ||||||||||||||||
Azerbaijan | USD bil | 15.6 | 13.2 | 15.2 | 20.8 | 19.9 | ||||||||||||||||
Bulgaria | USD bil | 24.3 | 25.5 | 30.5 | 32.7 | 32.6 | ||||||||||||||||
Georgia | USD bil | 3.02 | 2.86 | 3.57 | 4.41 | 4.95 | ||||||||||||||||
Greece | USD bil | 27.5 | 27.2 | 31.7 | 38.2 | 36.3 | ||||||||||||||||
Iran | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Iraq | USD bil | ... | ... | ... | ... | 51.3 | 41.3 | 57.6 | 86.4 | 81.6 | ||||||||||||
Pakistan | USD bil | 22.7 | 21.8 | 23.2 | 24.8 | 24.8 | ||||||||||||||||
Russia | USD bil | 341 | 282 | 353 | 444 | 420 | ||||||||||||||||
Turkey | USD bil | 155 | 153 | 169 | 179 | 182 | ||||||||||||||||
Turkmenistan | USD bil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |