Applied tariffs
Simple average MFN applied
2023
*
7.0 %
Trade-weighted MFN average
2023
*
6.6 %
Share of MFN duty-free
2023
16.4 %
Bound tariffs
Simple average bound
8.5 %
Binding coverage
100.0 %
Share of bound duty-free
36.4 %
Imports
Total imports: 10,301.0 million USD in 2024
Imports by partner
Russian Federation
60.5 %
6,235.4
million USD
European Union
8.3 %
859.2
million USD
China
8.0 %
827.4
million USD
Viet Nam
5.1 %
524.5
million USD
Iran
3.2 %
325.3
million USD
United States of America
1.8 %
182.8
million USD
Türkiye
1.7 %
177.8
million USD
Curaçao
1.3 %
138.3
million USD
India
1.3 %
133.2
million USD
Egypt
0.9 %
88.7
million USD
Rest of the World
7.8 %
808.0
million USD
Imports by products HS 2022
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
43.1 %
4,444.5
million USD
851713
Smartphones for wireless networks
4.4 %
455.6
million USD
710231
Non-industrial diamonds unworked or simply sawn, cleaved or bruted (excl. industrial diamonds)
2.9 %
294.2
million USD
271121
Natural gas in gaseous state
2.6 %
270.8
million USD
710691
Silver, incl. silver plated with gold or platinum, unwrought (excl. silver in powder form)
1.7 %
179.5
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
1.3 %
136.2
million USD
711021
Palladium, unwrought or in powder form
1.2 %
121.8
million USD
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. losses" distil at 210°C "ASTM D 86 method" (excl. containing biodiesel)
1.0 %
106.7
million USD
710239
Diamonds, worked, but not mounted or set (excl. industrial diamonds)
1.0 %
101.8
million USD
852872
Reception apparatus for television, colour, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus, designed to incorporate a video display or screen
0.9 %
90.0
million USD
Rest of the products
39.8 %
4,099.9
million USD
Exports
Total exports: 8,551.0 million USD in 2024
Exports by destination
United Arab Emirates
46.2 %
3,954.2
million USD
Russian Federation
17.3 %
1,480.7
million USD
Hong Kong, China
16.3 %
1,395.8
million USD
China
9.1 %
777.8
million USD
European Union
3.9 %
331.7
million USD
Iraq
1.3 %
107.6
million USD
Georgia
1.0 %
84.2
million USD
Switzerland
0.8 %
67.7
million USD
Iran
0.7 %
63.2
million USD
Thailand
0.7 %
57.2
million USD
Rest of the World
2.7 %
231.0
million USD
Exports by products HS 2022
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
51.3 %
4,389.7
million USD
711319
Articles of jewellery and parts thereof, of precious metal other than silver, whether or not plated or clad with precious metal (excl. articles > 100 years old)
8.3 %
713.5
million USD
851713
Smartphones for wireless networks
3.9 %
337.6
million USD
260300
Copper ores and concentrates
3.7 %
319.4
million USD
710231
Non-industrial diamonds unworked or simply sawn, cleaved or bruted (excl. industrial diamonds)
2.7 %
229.5
million USD
710691
Silver, incl. silver plated with gold or platinum, unwrought (excl. silver in powder form)
2.5 %
217.8
million USD
240220
Cigarettes, containing tobacco
2.4 %
205.7
million USD
710239
Diamonds, worked, but not mounted or set (excl. industrial diamonds)
2.2 %
187.3
million USD
220820
Spirits obtained by distilling grape wine or grape marc
1.7 %
142.3
million USD
711021
Palladium, unwrought or in powder form
1.7 %
142.1
million USD
Rest of the products
19.5 %
1,666.2
million USD
Preferential regimes provided by Armenia
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Armenia as a beneficiary based on other economies reported preferential regimes
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