In the long-term, the Armenia Exports is projected to trend around 232.00 USD Million in 2022, according to our econometric models. Armenia’s main exports are metals and diamonds. Other exports include energy, beverages, and vegetables and fruit.

What products does Armenia import and export?

Main export commodities include copper ores, cigars, alcohol, and gold. Armenia mainly imports petroleum gases and oils, diamonds, medicaments and radio-telephony transmission tools. Armenia’s main export partners are the European Union (28.7% of total exports), Russia (26.9%), Switzerland (14.1%) and Iraq (6.3%).

What is Georgia’s main export?

Georgia’s exports rely on low value added agriculture and mineral products (worth around 72 percent of Georgia’s exports to the European Union in 2010). Georgia’s main exports are metals, motor cars, nuts, fertilizers, wine and mineral water.

What religion are most Armenians?

the Armenian Apostolic Church
As of 2011, most Armenians are Christians (97%) and are members of Armenia’s own church, the Armenian Apostolic Church, which is one of the oldest Christian churches. It was founded in the 1st century AD, and in 301 AD became the first branch of Christianity to become a state religion.

Do I need visa to go to Armenia?

You need a valid passport to enter Armenia. U.S. citizens are allowed visa-free entry to Armenia for up to 180 days per year. For visits of longer than 180 days, you must apply for a residency permit through the Armenian Ministry of Foreign Affairs.

What kind of products does Armenia export to other countries?

Armenia has highly positive net exports in the international trade of ores or concentrates notably those for copper, zinc, molybdenum and precious metals. In turn, these cashflows indicate Armenia’s strong competitive advantages under the ores, slag and ash product category.

What kind of economy does Armenia really have?

Armenia is a food importer, and its mineral deposits ( gold and bauxite) are small.

What does barchart show about exports of Armenia?

The barchart show only products that Armenia is not specialized in. The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports.

How is Armenia’s access to the EU market?

GSP+ offers Armenian exports generous access to the EU market by allowing complete duty suspension across ~66 % of all EU tariff lines. Armenia’s utilisation of GSP+ preferences is high, at around 91 % in 2018.