US trade (export - import) with Armenia in 2017

Published or Updated: Apr 09, 2018

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

US Trade with Armenia

In 2017, US trade with Armenia totaled $125.3 million, up 40.63% ($36.2 million) from 2016.

US exports to Armenia in 2017 totaled $54.9 million, up 25.65% ($11.2 million) from 2016.

US imports from Armenia in 2017 totaled $70.5 million, up 55.02% ($25.0 million) from 2016.

US trade deficit with Armenia in 2017 was $15.6 million, a 773.82% increase ($13.8 million) over 2016.

Armenia was the US 158th largest trading partner in 2017 (up from 164th in 2016), accounting for 0.0032% of US total trade (up from 0.0024% in 2016).

Armenia was the US 164th largest export market in 2017 (down from 162nd in 2016), accounting for 0.0035% of US total exports (up from 0.0030% in 2016).

Armenia was the US 132nd largest supplier in 2017 (up from 143rd in 2016), accounting for 0.0029% of US total imports (up from 0.0020% in 2016).

US Exports to Armenia

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

  • Machinery, equipment and vehicles (HS codes 84-90) - 38.82% of US total exports to Armenia (41.67% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 23.48% of US total exports to Armenia (10.40% in 2016);
  • Precious metals and stones (HS code 71) - 11.34% of US total exports to Armenia (12.14% in 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 10.04% of US total exports to Armenia (5.58% in 2016);
  • Chemical products (HS codes 28-40) - 8.22% of US total exports to Armenia (5.37% in 2016).

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

  • Meat and edible meat offal (HS code 02) - an increase of $8,270.9 thousand;
  • Man-made staple fibers (HS code 55) - an increase of $3,301.4 thousand;
  • 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 $3,045.6 thousand;
  • Vehicles other than railway or tramway rolling stock, and parts and accessories thereof (HS code 87) - an increase of $1,875.4 thousand;
  • Plastics and articles thereof (HS code 39) - an increase of $1,321.7 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 $921.7 thousand;
  • Pharmaceutical products (HS code 30) - an increase of $892.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $496.8 thousand;
  • Edible fruit and nuts; peel of citrus fruit or melons (HS code 08) - an increase of $306.3 thousand.

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

  • Commodities not specified according to kind (HS code 99) - a decrease of $5,280.4 thousand;
  • Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof (HS code 84) - a decrease of $2,355.1 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 $530.8 thousand;
  • Fish and crustaceans, molluscs and other aquatic invertebrates (HS code 03) - a decrease of $369.1 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - a decrease of $305.9 thousand;
  • Articles of iron or steel (HS code 73) - a decrease of $251.7 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - a decrease of $195.3 thousand.
US exports to Armenia in 2017 by product groups
HS
code
Name of product group Value
of exports
in 2017
(USD thousand)
Share
in total export
(%)
Value
of exports
in 2016
(USD thousand)
Change
in 2017
over 2016
(%)
02 Meat and edible meat offal 11,825.9 21.55 3,555.0232.65
03 Fish and crustaceans, molluscs and other aquatic invertebrates 0.0 0.00 369.1-100.00
05 Products of animal origin, not elsewhere specified or included 45.7 0.08 25.480.20
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 152.0 0.28 152.00.00
07 Edible vegetables and certain roots and tubers 32.6 0.06 0.0
08 Edible fruit and nuts; peel of citrus fruit or melons 394.8 0.72 88.5345.96
09 Coffee, tea, maté and spices 2.9 0.01 0.0
10 Cereals 21.0 0.04 7.2191.85
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 29.2 0.05 57.4-49.19
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 100.2 0.18 32.4209.20
17 Sugars and sugar confectionery 27.9 0.05 26.07.49
18 Cocoa and cocoa preparations 24.0 0.04 41.4-42.07
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2.6 0.00 5.6-53.75
20 Preparations of vegetables, fruit, nuts or other parts of plants 33.6 0.06 16.3105.54
21 Miscellaneous edible preparations 28.0 0.05 93.6-70.10
22 Beverages, spirits and vinegar 124.3 0.23 42.3194.07
24 Tobacco and manufactured tobacco substitutes 38.9 0.07 30.328.31
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 36.0 0.07 13.8161.27
27 Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes 28.6 0.05 150.5-81.02
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 35.4 0.06 54.0-34.50
29 Organic chemicals 301.2 0.55 256.917.25
30 Pharmaceutical products 1,375.9 2.51 483.2184.72
32 Tanning or dyeing extracts; dyes, pigments, paints, varnishes, putty and mastics 120.6 0.22 237.4-49.20
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 165.7 0.30 199.8-17.03
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 12.5 0.02 16.1-22.39
38 Miscellaneous chemical products 387.1 0.71 323.719.59
39 Plastics and articles thereof 2,062.9 3.76 741.2178.32
40 Rubber and articles thereof 46.5 0.08 32.443.53
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 29.0 0.05 9.1217.59
44 Wood and articles of wood; wood charcoal 7.2 0.01 0.0
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 126.6 0.23 97.829.50
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 72.9 0.13 10.1621.96
54 Man-made filaments 57.7 0.11 2.91,880.52
55 Man-made staple fibers 5,174.9 9.43 1,873.6176.21
56 Wadding, felt and nonwovens; special yarns, twine, cordage, ropes and cables and articles thereof 21.6 0.04 21.60.00
57 Carpets and other textile floor coverings 7.7 0.01 4.857.93
58 Special woven fabrics; tufted textile fabrics; lace, tapestries; trimmings; embroidery 0.0 0.00 18.0-100.00
61 Articles of apparel and clothing accessories, knitted or crocheted 5.0 0.01 74.2-93.29
62 Articles of apparel and clothing accessories, not knitted or crocheted 42.3 0.08 237.6-82.21
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 193.7 0.35 48.6298.24
64 Footwear, gaiters and the like; parts of such articles 0.0 0.00 152.2-100.00
65 Headgear and parts thereof 4.1 0.01 0.0
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 0.00 0.0
69 Ceramic products 0.0 0.00 36.1-100.00
70 Glass and glassware 14.2 0.03 36.5-61.18
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 6,221.4 11.34 5,299.717.39
72 Iron and steel 58.8 0.11 49.518.72
73 Articles of iron or steel 88.2 0.16 339.9-74.06
75 Nickel and articles thereof 21.5 0.04 0.0
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 6.8 0.01 15.5-56.31
83 Miscellaneous articles of base metal 12.3 0.02 0.0
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 7,215.7 13.15 9,570.8-24.61
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 6,914.3 12.60 3,868.778.72
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 4,108.2 7.49 2,232.884.00
88 Aircraft, spacecraft, and parts thereof 123.7 0.23 75.962.90
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 2,939.1 5.36 2,442.320.34
91 Clocks and watches and parts thereof 37.7 0.07 37.70.00
92 Musical instruments; parts and accessories of such articles 36.0 0.07 11.9202.53
93 Arms and ammunition; parts and accessories thereof 7.8 0.01 131.6-94.06
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 11.5 0.02 542.3-97.88
95 Toys, games and sports requisites; parts and accessories thereof 143.9 0.26 70.6103.90
96 Miscellaneous manufactured articles 2.8 0.01 3.4-16.50
97 Works of art, collectors’ pieces and antiques 4.9 0.01 310.8-98.42
99 Commodities not specified according to kind 3,702.4 6.75 8,982.7-58.78

US Imports from Armenia

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

  • Metals and products from them (HS codes 72-83) - 59.33% of US total imports from Armenia (45.88% in 2016);
  • Food products and agricultural raw materials (HS codes 01-24) - 14.05% of US total imports from Armenia (21.63% in 2016);
  • Precious metals and stones (HS code 71) - 10.35% of US total imports from Armenia (15.07% in 2016);
  • Textiles, textile products and footwear (HS codes 50-67) - 9.06% of US total imports from Armenia (10.06% in 2016);
  • Mineral products (HS codes 25-27) - 1.73% of US total imports from Armenia (0.02% in 2016);
  • Machinery, equipment and vehicles (HS codes 84-90) - 1.30% of US total imports from Armenia (0.79% in 2016).

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

  • Aluminum and articles thereof (HS code 76) - an increase of $20,960.2 thousand;
  • Articles of apparel and clothing accessories, not knitted or crocheted (HS code 62) - an increase of $1,841.7 thousand;
  • Ores, slag and ash (HS code 26) - an increase of $1,215.9 thousand;
  • Works of art, collectors’ pieces and antiques (HS code 97) - an increase of $1,186.6 thousand;
  • Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof (HS code 90) - an increase of $462.4 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 $443.3 thousand;
  • Preparations of vegetables, fruit, nuts or other parts of plants (HS code 20) - an increase of $228.2 thousand;
  • Miscellaneous edible preparations (HS code 21) - an increase of $223.2 thousand.

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

  • Commodities not specified according to kind (HS code 99) - a decrease of $714.0 thousand;
  • Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans (HS code 49) - a decrease of $436.2 thousand;
  • Beverages, spirits and vinegar (HS code 22) - a decrease of $432.5 thousand.
US imports from Armenia in 2017 by product groups
HS
code
Name of product group Value
of imports
in 2017
(USD thousand)
Share
in total import
(%)
Value
of imports
in 2016
USD thousand)
Change
in 2017
over 2016
(%)
03 Fish and crustaceans, molluscs and other aquatic invertebrates 8.4 0.01 0.0
04 Dairy produce; birds eggs; natural honey; edible products of animal origin, not elsewhere specified or included 309.8 0.44 326.9-5.24
06 Live trees and other plants; bulbs, roots and the like; cut flowers and ornamental foliage 7.6 0.01 0.0
07 Edible vegetables and certain roots and tubers 10.8 0.02 9.810.37
08 Edible fruit and nuts; peel of citrus fruit or melons 14.2 0.02 3.0364.64
09 Coffee, tea, maté and spices 21.5 0.03 0.0
10 Cereals 64.5 0.09 0.0
11 Products of the milling industry; malt; starches; inulin; wheat gluten 20.3 0.03 13.254.31
12 Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruits; industrial or medicinal plants; straw and fodder 72.7 0.10 141.6-48.62
15 Animal or vegetable fats and oils and their cleavage products prepared edible fats; animal or vegetable waxes 0.0 0.00 6.0-100.00
16 Preparations of meat, of fish or of crustaceans, molluscs or other aquatic invertebrates 24.8 0.04 74.4-66.66
17 Sugars and sugar confectionery 39.5 0.06 0.0
18 Cocoa and cocoa preparations 103.0 0.15 64.160.81
19 Preparations of cereals, flour, starch or milk; bakers’ wares 2.4 0.00 0.0
20 Preparations of vegetables, fruit, nuts or other parts of plants 3,303.5 4.69 3,075.37.42
21 Miscellaneous edible preparations 467.9 0.66 244.891.17
22 Beverages, spirits and vinegar 5,430.5 7.71 5,863.0-7.38
24 Tobacco and manufactured tobacco substitutes 0.0 0.00 10.5-100.00
25 Salt; sulfur; earths and stone; plastering materials, lime and cement 0.0 0.00 7.2-100.00
26 Ores, slag and ash 1,215.9 1.73 0.0
28 Inorganic chemicals; organic or inorganic compounds of precious metals, of rare-earth metals,of radioactive elements or of isotopes 0.0 0.00 27.2-100.00
29 Organic chemicals 35.5 0.05 13.5162.19
33 Essential oils and resinoids; perfumery, cosmetic or toilet preparations 13.4 0.02 31.7-57.93
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 0.10 111.9-39.66
39 Plastics and articles thereof 21.9 0.03 58.1-62.28
42 Articles of leather; saddlery and harness; travel goods, handbags and similar containers; articles of animal gut (other than silkworm gut) 55.3 0.08 31.177.99
43 Furskins and artificial fur; manufactures thereof 3.9 0.01 0.0
44 Wood and articles of wood; wood charcoal 8.9 0.01 10.5-14.90
48 Paper and paperboard; articles of paper pulp, of paper or of paperboard 13.6 0.02 0.0
49 Printed books, newspapers, pictures and other products of the printing industry; manuscripts, typescripts and plans 6.3 0.01 442.6-98.57
53 Other vegetable textile fibers; paper yarn and woven fabric of paper yarn 3.1 0.00 0.0
57 Carpets and other textile floor coverings 39.6 0.06 92.2-57.05
61 Articles of apparel and clothing accessories, knitted or crocheted 39.7 0.06 36.19.90
62 Articles of apparel and clothing accessories, not knitted or crocheted 6,259.6 8.88 4,417.941.69
63 Other made up textile articles; sets; worn clothing and worn textile articles; rags 21.9 0.03 13.660.78
64 Footwear, gaiters and the like; parts of such articles 22.2 0.03 13.762.65
65 Headgear and parts thereof 0.4 0.00 0.0
68 Articles of stone, plaster, cement, asbestos, mica or similar materials 61.7 0.09 0.0
70 Glass and glassware 42.6 0.06 41.62.48
71 Natural or cultured pearls, precious or semi-precious stones,precious metals, metals clad with precious metal and articles thereof; imitation jewelry; coin 7,293.9 10.35 6,850.66.47
73 Articles of iron or steel 6.4 0.01 0.0
76 Aluminum and articles thereof 41,778.9 59.29 20,818.7100.68
82 Tools, implements, cutlery, spoons and forks, of base metal; parts thereof of base metal 4.0 0.01 21.9-81.66
83 Miscellaneous articles of base metal 18.4 0.03 13.833.12
84 Nuclear reactors, boilers, machinery and mechanical appliances; parts thereof 233.5 0.33 165.541.08
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 62.1 0.09 23.6163.46
87 Vehicles other than railway or tramway rolling stock, and parts and accessories thereof 13.8 0.02 25.6-46.18
90 Optical, photographic, cinematographic, measuring, checking, precision, medical or surgical instruments and apparatus; parts and accessories thereof 605.8 0.86 143.3322.62
91 Clocks and watches and parts thereof 0.0 0.00 34.6-100.00
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 16.3 0.02 4.6254.39
95 Toys, games and sports requisites; parts and accessories thereof 68.1 0.10 129.0-47.25
96 Miscellaneous manufactured articles 18.3 0.03 4.1345.92
97 Works of art, collectors’ pieces and antiques 1,666.7 2.37 480.1247.17
99 Commodities not specified according to kind 846.3 1.20 1,560.3-45.76
Compiled by «US-EXPORT–IMPORT» based on the statistics of the US Department of Commerce