Armenia: Exports, billion dollars

The latest value from 2023 is 14.09 billion U.S. dollars, an increase from 9.76 billion U.S. dollars in 2022. In comparison, the world average is 179.17 billion U.S. dollars, based on data from 138 countries. Historically, the average for Armenia from 1990 to 2023 is 2.46 billion U.S. dollars. The minimum value, 0.33 billion U.S. dollars, was reached in 1997 while the maximum of 14.09 billion U.S. dollars was recorded in 2023. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: Exports of goods and services represent the value of all goods and other market services provided to the rest of the world. They include the value of merchandise, freight, insurance, transport, travel, royalties, license fees, and other services, such as communication, construction, financial, information, business, personal, and government services. They exclude compensation of employees and investment income (formerly called factor services) and transfer payments. Data are in current U.S. dollars.