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Notes:


(1) Figures in this table are current as of 31 January 2015.
(2) The value of imports is recorded on a CIF basis and reflects goods of foreign manufacture that have been imported for consumption and for re-export. Figures in this table do not reflect unregistered trade volumes.

Source: Armstat.
In 2013 and 2014, the EU accounted for 26.4% and 25.8%, respectively, Russia accounted for 23.4% and 24.9%, respectively, and China accounted for 8.8% and 9.5%, respectively, of Armenia’s imports.
The following table sets forth the value of Armenia’s imports by country of origin for the years indicated:
Value of Imports of Goods by Country of Origin in Dollars(1)(2)(3)





For the year ended 31 December







2010

2011

2012

2013

2014




(U.S.$ millions)




Imports from CIS countries and Georgia

1,196.5

1,269.0

1,383.4

1,365.8

1,406.8




Russia

835.3

890.9

1,057.4

1,025.2

1,094.3




Ukraine

229.9

232.4

215.6

226.5

201.9




Georgia

54.3

60.2

48.9

65.8

72.0




Belarus

31.9

29.6

33.6

40.9

31.0




Turkmenistan

25.8

25.5

14.2

2.7

1.2




Kazakhstan

11.9

25.3

8.9

0.7

0.6




Other CIS countries

7.4

5.1

4.9

4.0

5.8




Imports from EU

1,026.9

1,167.8

1,124.4

1,156.5

1,136.7




Germany

210.7

245.1

265.2

280.2

283.5




Italy

122.2

169.6

168.8

164.2

180.0




Romania

85.7

105.0

87.8

118.1

39.5




Bulgaria

112.4

102.2

86.5

68.3

25.5




Belgium

71.4

64.6

73.8

73.4

89.2




France

76.7

82.5

67.5

64.0

79.8




Spain

24.6

40.3

48.4

53.1

50.5




Poland

30.3

35.5

41.8

43.1

47.3




Austria

56.6

47.7

39.8

56.3

72.1




United Kingdom

37.8

46.9

39.8

49.2

55.9




Netherlands

23.5

37.1

37.8

36.1

48.9




Other EU countries

175.0

191.4

167.0

150.5

164.7




Imports from other countries

1,525.5

1,708.5

1,753.4

1,863.6

1,858.1




China

404.0

404.2

399.7

385.9

417.5




Iran

199.9

216.8

219.4

198.5

206.5




Turkey

210.4

240.2

213.5

210.7

232.4




USA

110.8

147.4

143.1

137.4

133.4




Japan

83.3

72.4

98.7

96.3

113.9




Brazil

51.8

83.3

93.1

87.4

91.4




Switzerland

69.4

78.3

87.0

172.1

145.8




India

46.7

68.7

69.6

67.4

63.5




Other countries

349.2

397.1

429.4

507.9

453.7




Total

3,749.0

4,145.3

4,261.2

4,385.9

4,401.6




_____________________________

Notes:


(1) Figures in this table are current as of 31 January 2015.
(2) The value of imports is recorded on a CIF basis, i.e., the value of goods up to the borders of Armenia, with insurance and transportation costs included, and reflects goods of foreign manufacture that have been imported for consumption and for re-export. Figures in this table do not reflect unregistered trade volumes.
(3) For those transactions denominated in currencies other than the dollar, conversions into dollars are made using period-end exchange rates.

Source: Armstat.
The following table sets forth the value of Armenia’s imports, in percentage terms, by country of origin for the years indicated:
Value of Imports of Goods by Country of Origin in Percentage Terms(1)(2)





For the year ended 31 December







2010

2011

2012

2013

2014







(%)

Imports from CIS countries and Georgia

31.9

30.6

32.5

31.1

32.0




Russia

22.3

21.5

24.8

23.4

24.9




Ukraine

6.1

5.6

5.1

5.2

4.6




Georgia

1.4

1.5

1.1

1.5

1.6




Belarus

0.9

0.7

0.8

0.9

0.7




Turkmenistan

0.7

0.6

0.3

0.1

0.0




Kazakhstan

0.3

0.6

0.2

0.0

0.0




Other CIS countries

0.2

0.1

0.1

0.1

0.1




Imports from EU

27.4

28.2

26.4

26.4

25.8




Germany

5.6

5.9

6.2

6.4

6.4




Italy

3.3

4.1

4.0

3.7

4.1




Romania

2.3

2.5

2.1

2.7

0.9




Bulgaria

3.0

2.5

2.0

1.6

0.6




Belgium

1.9

1.6

1.7

1.7

2.0




France

2.0

2.0

1.6

1.5

1.8




Spain

0.7

1.0

1.1

1.2

1.1




Poland

0.8

0.9

1.0

1.0

1.1




Austria

1.5

1.2

0.9

1.3

1.6




United Kingdom

1.0

1.1

0.9

1.1

1.3




Netherlands

0.6

0.9

0.9

0.8

1.1




Other EU countries

4.7

4.6

3.9

3.4

3.7




Imports from other countries

40.7

41.2

41.1

42.5

42.2




China

10.8

9.8

9.4

8.8

9.5




Iran

5.3

5.2

5.1

4.5

4.7




Turkey

5.6

5.8

5.0

4.8

5.3




USA

3.0

3.6

3.4

3.1

3.0




Japan

2.2

1.7

2.3

2.2

2.6




Brazil

1.4

2.0

2.2

2.0

2.1




Switzerland

1.9

1.9

2.0

3.9

3.3




India

1.2

1.7

1.6

1.5

1.4




Other countries

9.3

9.6

10.1

11.6

10.3




Total

100.0

100.0

100.0

100.0

100.0




_____________________________

Notes:


(1) Figures in this table are current as of 31 January 2015.
(2) The value of imports is recorded on a CIF basis, i.e., the value of goods up to the borders of Armenia, with insurance and transportation costs included, and reflects goods of foreign manufacture that have been imported for consumption and for re-export. Figures in this table do not reflect unregistered trade volumes.

Source: Armstat.
Imports increased year-on-year by 12.9% in 2010, 10.6% in 2011, 2.8% in 2012, 2.9% in 2013 and 0.4% in 2014. From 2010 to 2014, the value of imports of goods increased by 17.4% from U.S.$3,749.0 million in 2010 to U.S.$4,401.6 million in 2014, driven in large part by an increase in the import value of mineral products (24.6%), precious stones and metals (90.6%), prepared foodstuffs (19.8%) and chemical products (29.0% ). Partially offsetting this increase in the overall value of imports were an 8.0% decline in machinery and equipment imports and a 10.8% decline in base metals imports.
Exports
Armenia’s exports are primarily comprised of mineral products, such as copper and electricity, base metals, such as copper ore and ferro-molybdenum, food products (including fruit juices, wines and brandy) and precious stones and metals.
The following table sets forth the value of Armenia’s exports by product category for the years indicated:
Exports of Goods by Value in Dollars(1)(2)(3)





For the year ended 31 December




2010

2011

2012

2013

2014




(U.S.$ millions)




Mineral products

306.8

404.1

403.2

407.3

393.8

Machinery and equipment

30.1

33.5

41.2

21.1

22.9

Prepared foodstuffs

131.1

183.8

254.8

310.2

337.8

Transport

5.0

30.1

6.2

13.3

8.8

Chemical products

9.1

11.1

13.1

16.3

14.2

Base metals

332.4

364.7

342.0

308.9

302.4

Precious stones and metals

134.0

196.4

173.0

188.1

230.3

Plastics and rubber

15.5

8.7

11.4

11.6

11.2

Textiles

6.8

8.3

19.0

39.0

50.3

Animals and animal products

23.6

30.0

33.1

54.5

50.6

Vegetables

15.8

23.2

34.3

50.1

37.4

Miscellaneous manufactured products

1.6

1.4

2.6

2.2

4.0

Paper products

0.7

0.7

0.9

0.9

1.9

Stone, plaster and cement

16.1

16.9

17.9

25.4

21.2

Wood products

0.7

0.6

0.8

0.7

0.8

Instruments and devices

7.3

14.8

19.8

20.9

24.7

Fats and oils

0.0

0.0

0.1

0.1

0.1

Footwear, umbrellas and headgear

1.4

1.5

2.3

2.2

1.6

Leather products

2.2

3.4

3.4

4.3

3.7

Art and antiques

0.7

0.8

1.0

1.7

1.6

Total

1,041.1

1,334.3

1,380.2

1,478.7

1,519.3


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