US trade with Armenia in the 1st quarter of 2017

Published or Updated: Aug 06, 2017

The report on US foreign trade in goods with Armenia in the 1st quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Armenia

In the 1st quarter of 2017, US trade with Armenia totaled $25.9 million, up 37.56% ($7.1 million) from the 1st quarter of 2016.

US exports to Armenia in the 1st quarter of 2017 totaled $15.3 million, up 80.18% ($6.8 million) from the 1st quarter of 2016.

US imports from Armenia in the 1st quarter of 2017 totaled $10.6 million, up 2.54% ($0.3 million) from the 1st quarter of 2016.

US trade balance with Armenia went from a deficit of $1.8 million in the 1st quarter of 2016, to a surplus of $4.7 million in the 1st quarter of 2017.

Armenia was the US 157th largest trading partner in the 1st quarter of 2017 (up from 162nd in the 1st quarter of 2016), accounting for 0.0028% of US total trade (up from 0.0022% in the 1st quarter of 2016).

Armenia was the US 154th largest export market in the 1st quarter of 2017 (up from 164th in the 1st quarter of 2016), accounting for 0.0041% of US total exports (up from 0.0024% in the 1st quarter of 2016).

Armenia was the US 140th largest supplier in the 1st quarter of 2017 (down from 138th in the 1st quarter of 2016), accounting for 0.0019% of US total imports (down from 0.0020% in the 1st quarter of 2016).

US Exports to Armenia

The major share of US exports to Armenia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 51.07% of US total exports to Armenia (37.98% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 23.84% of US total exports to Armenia (8.64% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 7.92% of US total exports to Armenia (0.82% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 6.69% of US total exports to Armenia (19.04% in the 1st quarter of 2016);
  • Chemical products (HS codes 28-40) - 4.89% of US total exports to Armenia (8.48% in the 1st quarter of 2016).

The largest gains in US exports to Armenia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles (HS code 85) - an increase of $3,139.7 thousand;
  • Meat and edible meat offal (HS code 02) - an increase of $2,816.2 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $1,184.4 thousand;
  • Man-made staple fibers (HS code 55) - an increase of $1,032.3 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $154.2 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $127.2 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $108.9 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $94.7 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $65.6 thousand;
  • Organic chemicals (HS code 29) - an increase of $60.2 thousand.

The largest declines in US exports to Armenia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - a decrease of $593.3 thousand;
  • Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings (HS code 94) - a decrease of $116.0 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $61.0 thousand;
  • Essential oils and resinoids; perfumery, cosmetic or toilet preparations (HS code 33) - a decrease of $54.6 thousand.
US exports to Armenia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q1 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
02 Meat and edible meat offal 3,287.9 21.48 471.7596.97
05 Products of animal origin, not elsewhere specified or included 0.0 0.00 11.5-100.00
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 152.0 0.99 152.00.00
07 Edible vegetables and certain roots and tubers 16.3 0.11 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 94.7 0.62 0.0
09 Coffee, tea, maté and spices 2.9 0.02 0.0
10 Cereals 10.4 0.07 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 12.3 0.08 24.3-49.33
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 35.4 0.23 0.0
18 Cocoa and cocoa preparations 4.8 0.03 22.2-78.46
19 Preparations of cereals, flour, starch or milk; bakers’ wares 0.0 0.00 2.5-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 8.0 0.05 0.0
21 Miscellaneous edible preparations 12.7 0.08 10.619.71
22 Beverages, spirits and vinegar 8.9 0.06 8.63.49
24 Tobacco and manufactured tobacco substitutes 3.1 0.02 30.3-89.64
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 13.8-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 12.8 0.08 5.8121.63
29 Organic chemicals 91.9 0.60 31.7189.77
30 Pharmaceutical products 131.9 0.86 66.299.09
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 11.2 0.07 0.0
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 15.7 0.10 70.4-77.65
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 9.7 0.06 0.0
38 Miscellaneous chemical products 34.7 0.23 51.7-32.93
39 Plastics and articles thereof 433.5 2.83 494.5-12.34
40 Rubber and articles thereof 7.2 0.05 0.0
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 17.4 0.11 3.5401.30
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 4.4 0.03 17.3-74.38
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 14.7 0.10 3.7296.44
55 Man-made staple fibers 1,032.3 6.74 0.0
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 21.6 0.14 0.0
62 Articles of apparel and clothing accessories, not knitted or crocheted 26.4 0.17 50.5-47.74
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 127.8 0.84 19.0574.51
65 Headgear and parts thereof 4.1 0.03 0.0
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,023.9 6.69 1,617.2-36.69
72 Iron and steel 0.0 0.00 15.3-100.00
73 Articles of iron or steel 37.0 0.24 9.9274.27
75 Nickel and articles thereof 15.7 0.10 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6.8 0.04 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 2,371.1 15.49 1,186.799.80
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 4,155.2 27.15 1,015.5309.17
86 Railway or tramway locomotives, rolling-stock and parts thereof; railway or tramway track fixtures and fittings and parts thereof; mechanical (including electro-mechanical) traffic signalling equipment of all kinds 0.0 0.00 6.1-100.00
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 321.3 2.10 194.065.58
88 Aircraft, spacecraft, and parts thereof 0.0 0.00 8.7-100.00
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 969.8 6.34 815.518.91
91 Clocks and watches and parts thereof 37.7 0.25 0.0
92 Musical instruments; parts and accessories of such articles 3.2 0.02 0.0
93 Arms and ammunition; parts and accessories thereof 0.0 0.00 24.2-100.00
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 0.0 0.00 116.0-100.00
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 10.2-100.00
97 Works of art, collectors’ pieces and antiques 4.9 0.03 0.0

US Imports from Armenia

The major share of US imports from Armenia in the 1st quarter of 2017 (and in the 1st quarter of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 50.73% of US total imports from Armenia (61.52% in the 1st quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 24.23% of US total imports from Armenia (17.11% in the 1st quarter of 2016);
  • Precious metals and stones (HS code 71) - 15.10% of US total imports from Armenia (11.93% in the 1st quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 4.98% of US total imports from Armenia (3.10% in the 1st quarter of 2016);
  • Wood and wood products (HS codes 44-49) - 0.04% of US total imports from Armenia (1.84% in the 1st quarter of 2016).

The largest gains in US imports from Armenia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $417.0 thousand;
  • Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin (HS code 71) - an increase of $368.4 thousand;
  • Beverages, spirits and vinegar (HS code 22) - an increase of $258.2 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $230.7 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $149.6 thousand.

The largest declines in US imports from Armenia in the 1st quarter of 2017 over the 1st quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - a decrease of $978.3 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $190.2 thousand;
  • Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included (HS code 04) - a decrease of $57.6 thousand;
  • Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder (HS code 12) - a decrease of $45.4 thousand.
US imports from Armenia in the 1st quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q1 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q1 2016
(USD thousand)
Change
in Q1 2017
over Q1 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 88.3 0.83 146.0-39.49
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 7.6 0.07 0.0
07 Edible vegetables and certain roots and tubers 2.7 0.03 0.0
10 Cereals 21.2 0.20 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 13.2 0.12 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 42.8 0.40 88.2-51.46
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 5.4 0.05 0.0
17 Sugars and sugar confectionery 27.8 0.26 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 1,152.0 10.86 735.056.73
21 Miscellaneous edible preparations 153.5 1.45 3.93,832.05
22 Beverages, spirits and vinegar 1,054.8 9.95 796.632.42
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 15.3-100.00
29 Organic chemicals 3.1 0.03 3.2-1.81
34 Soap, organic surface-active agents, washing preparations, lubricating preparations, artificial waxes, prepared waxes, polishing or scouring preparations, candles and similar articles, modeling pastes, "dental waxes" and dental preparations with a basis of plaster 67.5 0.64 37.580.00
39 Plastics and articles thereof 13.8 0.13 0.52,659.20
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 9.7 0.09 1.5549.53
44 Wood and articles of wood; wood charcoal 4.6 0.04 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 0.0 0.00 190.2-100.00
57 Carpets and other textile floor coverings 11.1 0.10 28.7-61.32
61 Articles of apparel and clothing accessories, knitted or crocheted 3.2 0.03 5.2-38.60
62 Articles of apparel and clothing accessories, not knitted or crocheted 511.7 4.83 281.082.11
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 2.2 0.02 2.6-16.97
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 3.1-100.00
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 16.1 0.15 0.0
70 Glass and glassware 4.8 0.04 9.9-51.96
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,601.5 15.10 1,233.129.88
76 Aluminum and articles thereof 5,378.7 50.73 6,357.0-15.39
83 Miscellaneous articles of base metal 0.0 0.00 4.6-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 31.0 0.29 31.9-2.74
85 Electrical machinery and equipment and parts thereof; sound recorders and reproducers, television image and sound recorders and reproducers, and parts and accessories of such articles 18.9 0.18 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 35.0 0.33 5.8507.18
94 Furniture; bedding, mattresses, mattress supports, cushions and similar stuffed furnishings; lamps and lighting fittings, not elsewhere specified or included; illuminated sign illuminated nameplates and the like; prefabricated buildings 3.9 0.04 3.610.11
95 Toys, games and sports requisites; parts and accessories thereof 0.0 0.00 3.1-100.00
97 Works of art, collectors’ pieces and antiques 141.7 1.34 161.4-12.22
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce