Merchandise imports by the reporting economy in Armenia

Armenia: Merchandise imports by the reporting economy was 12.46 billion current US$ in 2023. ◆ Volatile

Latest (2023)
12.46 billion current US$
Change on year
up 45.0%
World rank
101st
of 204 countries
All-time high
12.46 billion current US$
in 2023
All-time low
51.15 million current US$
in 1992
Years of data
32
1992–2023

Merchandise imports by the reporting economy in Armenia, 1992–2023

02.5B5.0B7.5B10.0B12.5B1992200720231992: 51.1M current US$1993: 250.4M current US$1994: 392.2M current US$1995: 657.7M current US$1996: 753.6M current US$1997: 888.0M current US$1998: 888.3M current US$1999: 819.1M current US$2000: 837.7M current US$2001: 860.8M current US$2002: 984.7M current US$2003: 1.3B current US$2004: 1.3B current US$2005: 1.8B current US$2006: 2.2B current US$2007: 3.3B current US$2008: 4.4B current US$2009: 3.3B current US$2010: 3.7B current US$2011: 4.1B current US$2012: 4.3B current US$2013: 4.5B current US$2014: 4.4B current US$2015: 3.2B current US$2016: 3.2B current US$2017: 4.1B current US$2018: 4.9B current US$2019: 5.5B current US$2020: 4.5B current US$2021: 5.2B current US$2022: 8.6B current US$2023: 12.5B current US$

Source: Staff estimates, World Bank (WB). Measured in current US$.

Analysis

Armenia recorded 12.46 billion current US$ for merchandise imports by the reporting economy in 2023. That is the highest value across all 32 years on record.

The figure is up 45.0% on the previous year and up 178.5% over ten years.

Over the whole period, merchandise imports by the reporting economy in Armenia peaked at 12.46 billion current US$ in 2023 and was at its lowest, 51.15 million current US$, in 1992.

That places Armenia 101st out of 204 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1990s 587.56 million current US$ 51.15 million current US$ 888.35 million current US$ 8
2000s 2.03 billion current US$ 837.69 million current US$ 4.42 billion current US$ 10
2010s 4.20 billion current US$ 3.24 billion current US$ 5.48 billion current US$ 10
2020s 7.70 billion current US$ 4.49 billion current US$ 12.46 billion current US$ 4

Countries ranked near Armenia

  1. 98 Tanzania 15.12 billion current US$ compare
  2. 99 Cyprus 13.19 billion current US$ compare
  3. 100 Kyrgyzstan 12.52 billion current US$ compare
  4. 102 Uruguay 12.36 billion current US$ compare
  5. 103 Venezuela 12.27 billion current US$ compare
  6. 104 Gibraltar 12.12 billion current US$ compare

See the full ranking of 252 places →

More private sector data for Armenia

All data for Armenia →

Frequently asked questions

What is merchandise imports by the reporting economy in Armenia?
Merchandise imports by the reporting economy in Armenia was 12.46 billion current US$ in 2023, according to Staff estimates, World Bank (WB).
What is the highest merchandise imports by the reporting economy recorded in Armenia?
The highest recorded value was 12.46 billion current US$ in 2023.
What is the lowest merchandise imports by the reporting economy recorded in Armenia?
The lowest recorded value was 51.15 million current US$ in 1992.
How does Armenia rank for merchandise imports by the reporting economy?
Armenia ranks 101st out of 204 countries with data for 2023.
Is merchandise imports by the reporting economy rising or falling in Armenia?
Over the last ten years it is up 178.5%. 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 imports by the reporting economy (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Merchandise imports by the reporting economy (current US$)
Unit
current US$
Source
Staff estimates, World Bank (WB)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
252 places, 13,499 data points, 1960–2023
Last refreshed

Merchandise imports by the reporting economy are the total merchandise imports by the reporting economy from the rest of the world, as reported in the IMF's Direction of trade database. Data are in current U.S. dollars.