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Goods Exports (BoP, USD) rose 20.5% to USD 3.28 bil in Armenia in 2021

Goods Exports (BoP, USD) (USD bil), 2021
Economy | Armenia | February 1, 2023
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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 ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...