Applied tariffs
Simple average MFN applied
2024
*
6.4 %
Trade-weighted MFN average
2024
*
8.2 %
Share of MFN duty-free
2024
15.8 %
Bound tariffs
Simple average bound
8.5 %
Binding coverage
100.0 %
Share of bound duty-free
36.4 %
Imports
Total imports: 16,801.5 million USD in 2024
Imports by partner
Russian Federation
55.0 %
9,239.2
million USD
China
9.9 %
1,668.3
million USD
European Union
9.4 %
1,585.9
million USD
Viet Nam
5.2 %
881.0
million USD
Iran
3.7 %
628.5
million USD
Türkiye
2.0 %
334.3
million USD
United States of America
1.6 %
273.1
million USD
Curaçao
1.4 %
239.0
million USD
India
1.4 %
232.8
million USD
Egypt
1.1 %
183.8
million USD
Rest of the World
9.1 %
1,535.5
million USD
Imports by products HS 2022
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
35.4 %
5,942.0
million USD
851713
Smartphones for wireless networks
4.5 %
759.6
million USD
271121
Natural gas in gaseous state
2.8 %
472.3
million USD
710691
Silver, incl. silver plated with gold or platinum, unwrought (excl. silver in powder form)
2.3 %
388.8
million USD
710231
Non-industrial diamonds unworked or simply sawn, cleaved or bruted (excl. industrial diamonds)
2.1 %
352.2
million USD
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, n.e.s.
1.7 %
279.0
million USD
711021
Palladium, unwrought or in powder form
1.5 %
252.9
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)
1.1 %
190.7
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
1.1 %
180.8
million USD
711011
Platinum, unwrought or in powder form
1.0 %
160.1
million USD
Rest of the products
46.6 %
7,823.0
million USD
Exports
Total exports: 13,072.7 million USD in 2024
Exports by destination
United Arab Emirates
40.2 %
5,254.7
million USD
Russian Federation
24.0 %
3,136.8
million USD
Hong Kong, China
13.4 %
1,756.5
million USD
China
8.4 %
1,097.5
million USD
European Union
4.7 %
611.1
million USD
Iraq
1.9 %
246.1
million USD
Georgia
1.2 %
155.4
million USD
Belarus
0.9 %
113.9
million USD
Switzerland
0.9 %
111.6
million USD
Iran
0.8 %
108.2
million USD
Rest of the World
3.7 %
480.9
million USD
Exports by products HS 2022
710812
Gold, incl. gold plated with platinum, unwrought, for non-monetary purposes (excl. gold in powder form)
42.9 %
5,602.8
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)
6.6 %
865.4
million USD
851713
Smartphones for wireless networks
5.2 %
675.0
million USD
260300
Copper ores and concentrates
4.3 %
558.3
million USD
240220
Cigarettes, containing tobacco
3.1 %
401.4
million USD
710691
Silver, incl. silver plated with gold or platinum, unwrought (excl. silver in powder form)
3.1 %
399.5
million USD
220820
Spirits obtained by distilling grape wine or grape marc
2.4 %
311.1
million USD
711021
Palladium, unwrought or in powder form
2.0 %
264.1
million USD
710239
Diamonds, worked, but not mounted or set (excl. industrial diamonds)
1.8 %
240.6
million USD
710231
Non-industrial diamonds unworked or simply sawn, cleaved or bruted (excl. industrial diamonds)
1.8 %
235.2
million USD
Rest of the products
26.9 %
3,519.3
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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