Overview In 2022, Armenia was the number 117 economy in the world in terms of GDP (current US$), the number 122 in total exports, the number 112 in total imports, the number 91 economy in terms of GDP per capita (current US$) and the number 66 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Armenia are Copper Ore ($722M), Gold ($512M), Diamonds ($425M), Rolled Tobacco ($318M), and Ferroalloys ($311M), exporting mostly to Russia ($2.36B), United Arab Emirates ($535M), China ($420M), Georgia ($260M), and Switzerland ($257M).
Imports The top imports of Armenia are Documents of title (bonds etc) and unused stamps ($1.45B), Cars ($721M), Broadcasting Equipment ($626M), Refined Petroleum ($494M), and Petroleum Gas ($474M), importing mostly from Russia ($2.45B), United Arab Emirates ($2.08B), China ($1.1B), Georgia ($571M), and Iran ($557M).
In 2022, Armenia was the world's biggest importer of Documents of title (bonds etc) and unused stamps ($1.45B)
Location Armenia borders Azerbaijan, Georgia, Iran, and Turkey by land.
