US trade with Armenia in the 2nd quarter of 2017

Published or Updated: Aug 31, 2017

The report on US foreign trade in goods with Armenia in the 2nd quarter of 2017: exports, imports, balance, product types and groups, dynamics.

US Trade with Armenia

In the 2nd quarter of 2017, US trade with Armenia totaled $26.5 million, up 7.79% ($1.9 million) from the 2nd quarter of 2016.

US exports to Armenia in the 2nd quarter of 2017 were $10.6 million, down 20.82% ($2.8 million) from the 2nd quarter of 2016.

US imports from Armenia in the 2nd quarter of 2017 totaled $15.9 million, up 42.15% ($4.7 million) from the 2nd quarter of 2016.

US trade balance with Armenia went from a surplus of $2.2 million in the 2nd quarter of 2016, to a deficit of $5.3 million in the 2nd quarter of 2017.

Armenia was the US 162nd largest trading partner in the 2nd quarter of 2017 (down from 158th in the 2nd quarter of 2016), accounting for 0.0027% of US total trade (just as in the 2nd quarter of 2016).

Armenia was the US 162nd largest export market in the 2nd quarter of 2017 (down from 154th in the 2nd quarter of 2016), accounting for 0.0028% of US total exports (down from 0.0037% in the 2nd quarter of 2016).

Armenia was the US 136th largest supplier in the 2nd quarter of 2017 (up from 143rd in the 2nd quarter of 2016), accounting for 0.0026% of US total imports (up from 0.0020% in the 2nd quarter of 2016).

US Exports to Armenia

The major share of US exports to Armenia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Machinery, equipment and vehicles (HS codes 84-90) - 33.87% of US total exports to Armenia (27.42% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 19.53% of US total exports to Armenia (2.62% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 17.94% of US total exports to Armenia (11.41% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 16.07% of US total exports to Armenia (10.04% in the 2nd quarter of 2016);
  • Chemical products (HS codes 28-40) - 3.77% of US total exports to Armenia (5.28% in the 2nd quarter of 2016);
  • Metals and products from them (HS codes 72-83) - 0.00% of US total exports to Armenia (1.05% in the 2nd quarter of 2016).

The largest gains in US exports to Armenia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Man-made staple fibers (HS code 55) - an increase of $2,028.1 thousand;
  • Meat and edible meat offal (HS code 02) - an increase of $411.3 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 $376.0 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $305.9 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $121.0 thousand;
  • Other made up textile articles; sets; worn clothing and worn textile articles; rags (HS code 63) - an increase of $32.9 thousand.

The largest declines in US exports to Armenia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $523.8 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 $232.8 thousand;
  • Plastics and articles thereof (HS code 39) - a decrease of $192.8 thousand;
  • Footwear, gaiters and the like; parts of such articles (HS code 64) - a decrease of $152.2 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $110.5 thousand;
  • Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes (HS code 27) - a decrease of $109.5 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $99.2 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $87.1 thousand;
  • Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics (HS code 32) - a decrease of $74.3 thousand;
  • Articles of apparel and clothing accessories, knitted or crocheted (HS code 61) - a decrease of $74.2 thousand.
US exports to Armenia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of exports
in Q2 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
02 Meat and edible meat offal 1,569.2 14.77 1,157.935.52
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 110.5-100.00
05 Products of animal origin, not elsewhere specified or included 24.1 0.23 0.0
07 Edible vegetables and certain roots and tubers 16.3 0.15 0.0
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 5.0 0.05 0.0
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 32.4 0.30 32.40.00
17 Sugars and sugar confectionery 0.0 0.00 5.4-100.00
20 Preparations of vegetables, fruit, nuts or other parts of plants 0.0 0.00 4.9-100.00
21 Miscellaneous edible preparations 0.0 0.00 26.1-100.00
22 Beverages, spirits and vinegar 37.4 0.35 9.8282.90
24 Tobacco and manufactured tobacco substitutes 22.8 0.21 0.0
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 16.1 0.15 0.0
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 0.0 0.00 109.5-100.00
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 9.6 0.09 21.2-54.76
29 Organic chemicals 54.5 0.51 44.722.10
30 Pharmaceutical products 144.3 1.36 166.2-13.16
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 5.7 0.05 80.0-92.93
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 49.9 0.47 69.0-27.75
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 2.8 0.03 6.9-59.33
38 Miscellaneous chemical products 90.7 0.85 80.612.52
39 Plastics and articles thereof 36.3 0.34 229.1-84.16
40 Rubber and articles thereof 7.0 0.07 11.1-36.88
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 7.0 0.07 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 5.9 0.06 3.758.83
55 Man-made staple fibers 2,034.9 19.15 6.829,745.60
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 0.0 0.00 21.6-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 0.0 0.00 74.2-100.00
62 Articles of apparel and clothing accessories, not knitted or crocheted 4.8 0.04 91.8-94.83
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 32.9 0.31 0.0
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 152.2-100.00
66 Umbrellas, sun umbrellas, walking sticks, seatsticks, whips, riding-crops and parts thereof 0.0 0.00 5.5-100.00
67 Prepared feathers and down and articles made of feathers or of down; artificial flowers; articles of human hair 2.7 0.03 0.0
69 Ceramic products 0.0 0.00 22.2-100.00
70 Glass and glassware 7.5 0.07 33.3-77.37
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,906.8 17.94 1,530.824.56
72 Iron and steel 0.0 0.00 30.1-100.00
73 Articles of iron or steel 0.0 0.00 99.2-100.00
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 12.2-100.00
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 1,491.4 14.04 2,015.2-25.99
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 664.4 6.25 648.42.47
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 668.6 6.29 362.784.33
88 Aircraft, spacecraft, and parts thereof 9.0 0.08 9.9-8.71
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 765.3 7.20 644.318.78
92 Musical instruments; parts and accessories of such articles 18.0 0.17 0.0
93 Arms and ammunition; parts and accessories thereof 7.8 0.07 0.0
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 8.0 0.08 240.8-96.68
95 Toys, games and sports requisites; parts and accessories thereof 17.5 0.16 24.9-29.99
96 Miscellaneous manufactured articles 2.8 0.03 3.4-16.50
97 Works of art, collectors’ pieces and antiques 0.0 0.00 3.0-100.00

US Imports from Armenia

The major share of US imports from Armenia in the 2nd quarter of 2017 (and in the 2nd quarter of 2016) was accounted for the following product types:

  • Metals and products from them (HS codes 72-83) - 61.95% of US total imports from Armenia (34.37% in the 2nd quarter of 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 13.98% of US total imports from Armenia (21.49% in the 2nd quarter of 2016);
  • Precious metals and stones (HS code 71) - 11.08% of US total imports from Armenia (22.31% in the 2nd quarter of 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 9.69% of US total imports from Armenia (12.16% in the 2nd quarter of 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.14% of US total imports from Armenia (0.37% in the 2nd quarter of 2016).

The largest gains in US imports from Armenia in the 2nd quarter of 2017 over the 2nd quarter of 2016 were recorded for the following product groups:

  • Aluminum and articles thereof (HS code 76) - an increase of $6,012.1 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $167.6 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - an increase of $124.3 thousand.

The largest declines in US imports from Armenia in the 2nd quarter of 2017 over the 2nd 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 $732.3 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - a decrease of $85.8 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $69.5 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $52.2 thousand.
US imports from Armenia in the 2nd quarter of 2017 by product groups
HS
code
Name of product group Value
of imports
in Q2 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in Q2 2016
(USD thousand)
Change
in Q2 2017
over Q2 2016
(%)
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 27.2 0.17 60.3-54.79
09 Coffee, tea, maté and spices 4.1 0.03 0.0
10 Cereals 14.9 0.09 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 0.0 0.00 13.2-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 2.9 0.02 26.0-88.65
17 Sugars and sugar confectionery 4.6 0.03 0.0
18 Cocoa and cocoa preparations 29.3 0.18 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 492.6 3.10 578.4-14.84
21 Miscellaneous edible preparations 35.6 0.22 62.5-43.11
22 Beverages, spirits and vinegar 1,609.1 10.13 1,661.4-3.14
29 Organic chemicals 7.1 0.04 10.3-31.51
39 Plastics and articles thereof 0.0 0.00 2.1-100.00
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 8.3 0.05 16.1-48.23
43 Furskins and artificial fur; manufactures thereof 2.8 0.02 0.0
44 Wood and articles of wood; wood charcoal 0.0 0.00 5.1-100.00
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 6.7 0.04 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 2.8 0.02 72.3-96.08
57 Carpets and other textile floor coverings 10.0 0.06 5.581.51
61 Articles of apparel and clothing accessories, knitted or crocheted 11.3 0.07 5.2117.03
62 Articles of apparel and clothing accessories, not knitted or crocheted 1,513.7 9.53 1,346.012.45
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 3.8 0.02 2.744.06
70 Glass and glassware 7.0 0.04 3.1128.05
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 1,761.0 11.08 2,493.2-29.37
73 Articles of iron or steel 6.4 0.04 0.0
76 Aluminum and articles thereof 9,830.9 61.88 3,818.7157.44
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 0.0 0.00 21.9-100.00
83 Miscellaneous articles of base metal 4.5 0.03 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 124.3 0.78 0.0
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 18.6 0.12 2.4662.39
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 13.8 0.09 0.0
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 25.1 0.16 39.2-35.98
95 Toys, games and sports requisites; parts and accessories thereof 30.8 0.19 44.9-31.41
96 Miscellaneous manufactured articles 18.3 0.11 0.0
97 Works of art, collectors’ pieces and antiques 77.2 0.49 42.781.00
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce