Merchandise trade in Armenia

Armenia: Merchandise trade was 73.3% in 2025. ▲ Rising

Latest (2025)
73.3%
Change on year
down 36.9%
World rank
59th
of 204 countries
All-time high
116.2%
in 2024
All-time low
22.7%
in 1992
Years of data
34
1992–2025

Merchandise trade in Armenia, 1992–2025

204060801001201992200820251992: 22.7 % of GDP1993: 34.1 % of GDP1994: 46.4 % of GDP1995: 64.4 % of GDP1996: 71.8 % of GDP1997: 68.6 % of GDP1998: 59.3 % of GDP1999: 55.9 % of GDP2000: 61.5 % of GDP2001: 57.4 % of GDP2002: 62.8 % of GDP2003: 70 % of GDP2004: 58 % of GDP2005: 56.6 % of GDP2006: 49.8 % of GDP2007: 48 % of GDP2008: 47 % of GDP2009: 46.6 % of GDP2010: 51.8 % of GDP2011: 54 % of GDP2012: 53.1 % of GDP2013: 53.6 % of GDP2014: 51 % of GDP2015: 44.8 % of GDP2016: 48 % of GDP2017: 55.8 % of GDP2018: 59.2 % of GDP2019: 59.9 % of GDP2020: 56.2 % of GDP2021: 60.4 % of GDP2022: 72.4 % of GDP2023: 88.1 % of GDP2024: 116.2 % of GDP2025: 73.3 % of GDP

Source: World Trade Organization (WTO). Measured in % of GDP.

Analysis

In 2025, merchandise trade in Armenia stood at 73.3%.

That represents a change of down 36.9% on the previous year and up 63.7% over ten years.

Over the whole period, merchandise trade in Armenia peaked at 116.2% in 2024 and was at its lowest, 22.7%, in 1992.

Armenia ranks 59th of 204 countries on this measure, in the middle of the range.

The long-run direction has been consistently rising across the 34 years of available data.

Merchandise trade in Armenia, year by year

Annual values for Merchandise trade (% of GDP) in Armenia, 1992 to 2025.
Year % of GDP Change
1992 22.7%
1993 34.1% +50.3%
1994 46.4% +35.9%
1995 64.4% +38.8%
1996 71.8% +11.5%
1997 68.6% -4.4%
1998 59.3% -13.6%
1999 55.9% -5.7%
2000 61.5% +10.0%
2001 57.4% -6.6%
2002 62.8% +9.3%
2003 70.0% +11.6%
2004 58.0% -17.2%
2005 56.6% -2.3%
2006 49.8% -12.2%
2007 48.0% -3.5%
2008 47.0% -2.1%
2009 46.6% -0.9%
2010 51.8% +11.1%
2011 54.0% +4.4%
2012 53.1% -1.7%
2013 53.6% +0.8%
2014 51.0% -4.8%
2015 44.8% -12.2%
2016 48.0% +7.3%
2017 55.8% +16.2%
2018 59.2% +6.1%
2019 59.9% +1.1%
2020 56.2% -6.2%
2021 60.4% +7.5%
2022 72.4% +19.9%
2023 88.1% +21.7%
2024 116.2% +31.9%
2025 73.3% -36.9%

Averages by decade

DecadeAverage LowestHighest Years
1990s 52.9% 22.7% 71.8% 8
2000s 55.8% 46.6% 70.0% 10
2010s 53.1% 44.8% 59.9% 10
2020s 77.8% 56.2% 116.2% 6

Countries ranked near Armenia

  1. 56 Morocco 75.2% compare
  2. 57 Croatia 75.2% compare
  3. 58 Mexico 73.5% compare
  4. 60 Gabon 72.8% compare
  5. 61 Kuwait 72.3% compare
  6. 62 Moldova 72.3% compare

See the full ranking of 251 places →

More private sector data for Armenia

All data for Armenia →

Frequently asked questions

What is merchandise trade in Armenia?
Merchandise trade in Armenia was 73.3% in 2025, according to World Trade Organization (WTO).
What is the highest merchandise trade recorded in Armenia?
The highest recorded value was 116.2% in 2024.
What is the lowest merchandise trade recorded in Armenia?
The lowest recorded value was 22.7% in 1992.
How does Armenia rank for merchandise trade?
Armenia ranks 59th out of 204 countries with data for 2025.
Is merchandise trade rising or falling in Armenia?
Over the last ten years it is up 63.7%. The long-run trend across the full record is rising.
Where does this Armenia data come from?
The figures come from World Trade Organization (WTO), published as part of Merchandise trade (% of GDP). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 34 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

Share, cite or embed this page

Cite this page

Merchandise trade in Armenia. Statizoid, drawing on World Trade Organization (WTO). Retrieved 29 August 2026, from https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/armenia/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (World Bank Open Data); please keep the attribution.

<a href="https://private-sector.statizoid.com/stat/merchandise-trade-percent-of-gdp/armenia/">Merchandise trade in Armenia</a> — Statizoid

About this data

Indicator
Merchandise trade (% of GDP)
Unit
% of GDP
Source
World Trade Organization (WTO)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
251 places, 14,091 data points, 1960–2025
Last refreshed

General merchandise trade includes goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e. It is the total of merchandise exports plus merchandise imports. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.