Exports from Armenia carry out different goods. Exports from Armenia are actively carried out, especially for several types of goods and cargo. Armenia exports raw materials to the world, especially copper-molybdenum.
Carrying out the export from Armenia, the transportation rates of this raw material make up more than 30% of the total exports. Exports from Armenia are carried out to ship tobacco and alcohol as well.
Armenia also exports precious and semi-precious stones. Carrying out the export from Armenia the metals also have great demands, especially dark metals, gold from precious metals.
Armenia also exports clothes, cotton and textiles. Cargo of animal-based products is also at the top of exports. Armenian agricultural products are also in demand, particularly in the EAEU countries.
Armenia uses land and air shipping methods to ship all the listed goods. The territory of neighboring Georgia is used for sea cargo shipping. Which countries does it export from Armenia in the largest volume to?
It is expected that the primary market for exports from Armenia is Russia. Armenia's main trading partner is followed by Switzerland and China. The trio is followed by Iraq and Bulgaria. According to statistics, these countries get more than 68% of exports from Armenia. It is not difficult to assume that exports from Armenia are made with great intensity to a small number of countries, the scope of which is very narrow.
Armenian goods are also shipped to the Netherlands, the United Arab Emirates, Iran, the United States and Georgia. In fact, exports to neighboring countries from Armenia are very limited. These countries close the list of top 10 countries of exports.
It is no secret that during the export from Armenia the largest financial flows come from Russia. Only last year alone, they amounted to about $ 700 million.
By the way, according to the statistics, as a result of exporting from Armenia, the revenues exceeded $ 300 million for the first time in June of this year. This is especially true in the crisis situations. Against this background, it hopes that the volume of exports still has a chance to increase.
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