Merchandise exports to low- and middle-income economies outside region in Armenia
Armenia: Merchandise exports to low- and middle-income economies outside region was 9.2% in 2023. ◆ Volatile
Merchandise exports to low- and middle-income economies outside region in Armenia, 1992–2023
Source: Staff estimates, World Bank (WB). Measured in % of total merchandise exports.
Analysis
In 2023, merchandise exports to low- and middle-income economies outside region in Armenia stood at 9.2%.
The figure is down 42.3% on the previous year and down 41.9% over ten years.
Over the whole period, merchandise exports to low- and middle-income economies outside region in Armenia peaked at 33.8% in 1996 and was at its lowest, 0.0%, in 1992.
Armenia ranks 115th of 206 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Merchandise exports to low- and middle-income economies outside region in Armenia, year by year
| Year | % of total merchandise exports | Change |
|---|---|---|
| 1992 | 0.0% | — |
| 1993 | 4.7% | +11152.3% |
| 1994 | 7.9% | +70.3% |
| 1995 | 18.9% | +138.1% |
| 1996 | 33.8% | +78.6% |
| 1997 | 21.7% | -35.7% |
| 1998 | 16.2% | -25.2% |
| 1999 | 15.5% | -4.4% |
| 2000 | 11.9% | -23.6% |
| 2001 | 9.8% | -17.1% |
| 2002 | 7.4% | -24.3% |
| 2003 | 4.9% | -34.5% |
| 2004 | 9.3% | +91.0% |
| 2005 | 5.0% | -46.3% |
| 2006 | 4.8% | -3.7% |
| 2007 | 4.9% | +2.3% |
| 2008 | 3.6% | -26.3% |
| 2009 | 6.8% | +88.5% |
| 2010 | 13.1% | +90.8% |
| 2011 | 11.3% | -13.2% |
| 2012 | 11.8% | +4.1% |
| 2013 | 15.8% | +33.5% |
| 2014 | 26.1% | +65.9% |
| 2015 | 28.2% | +7.9% |
| 2016 | 19.5% | -30.8% |
| 2017 | 17.4% | -11.1% |
| 2018 | 17.2% | -0.7% |
| 2019 | 19.8% | +15.0% |
| 2020 | 25.8% | +30.1% |
| 2021 | 26.1% | +1.3% |
| 2022 | 15.9% | -39.3% |
| 2023 | 9.2% | -42.3% |
Armenia compared with similar countries
- Armenia's 9.2% is below the median for upper middle income countries, which is 9.6%, 95% of the median. (59 countries reporting)
- Armenia's 9.2% is below the median for Europe & Central Asia, which is 9.2%, 100% of the median. (53 countries reporting)
Biggest year-on-year movements
Years where Merchandise exports to low- and middle-income economies outside region in Armenia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1993 | +11152.3% | 0.0% | 4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 14.8% | 0.0% | 33.8% | 8 |
| 2000s | 6.9% | 3.6% | 11.9% | 10 |
| 2010s | 18.0% | 11.3% | 28.2% | 10 |
| 2020s | 19.2% | 9.2% | 26.1% | 4 |
Countries ranked near Armenia
More private sector data for Armenia
- Merchandise trade 73.3% (2025)
- Food imports 8.4% (2024)
- Manufactures imports 43.4% (2024)
- Merchandise imports 13.04 billion current US$ (2025)
- Food exports 9.4% (2024)
- Manufactures exports 29.5% (2024)
- Merchandise exports 8.39 billion current US$ (2025)
- Merchandise exports (current US$), per capita 2,720 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.2871 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate -35.88 % change on previous year (2025)
Frequently asked questions
- What is merchandise exports to low- and middle-income economies outside region in Armenia?
- Merchandise exports to low- and middle-income economies outside region in Armenia was 9.2% in 2023, according to Staff estimates, World Bank (WB).
- What is the highest merchandise exports to low- and middle-income economies outside region recorded in Armenia?
- The highest recorded value was 33.8% in 1996.
- What is the lowest merchandise exports to low- and middle-income economies outside region recorded in Armenia?
- The lowest recorded value was 0.0% in 1992.
- How does Armenia rank for merchandise exports to low- and middle-income economies outside region?
- Armenia ranks 115th out of 206 countries with data for 2023.
- Is merchandise exports to low- and middle-income economies outside region rising or falling in Armenia?
- Over the last ten years it is down 41.9%. The long-run trend across the full record is volatile.
- Where does this Armenia data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Merchandise exports to low- and middle-income economies outside region (% of total merchandise exports). Statizoid updates them automatically from the source API.
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About this data
Merchandise exports to low- and middle-income economies outside region are the sum of merchandise exports from the reporting economy to other low- and middle-income economies in other World Bank regions according to the World Bank classification of economies. Data are expressed as a percentage of total merchandise exports by the economy. Data are computed only if at least half of the economies in the partner country group had non-missing data.