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Top Exports
As of 2023, Armenia's export economy has experienced significant growth, with total exports reaching approximately **\$8.3 billion**, marking a 57.7% increase from the previous year. ([News.am][1]) ###Top 20 Export Products of Armenia (2023) 1. **Precious Metals and Stones** – Including gold, diamonds, and jewelry. 2. **Copper Ores and Concentrates** – A major mining export. 3. **Ferromolybdenum** – Used in steel alloys. 4. **Mobile Phones** – Re-exports, primarily to Russia. 5. **Automobiles** – Both new and used vehicles. 6. **Tobacco Products** – Including cigarettes. 7. **Brandy and Spirits** – Notably Armenian cognac. 8. **Medicaments** – Pharmaceutical products. 9. **Petroleum Oils** – Refined petroleum products. 10. **Television and Video Equipment** – Including monitors and projectors. 11. **Aluminum and Articles Thereof** – Various aluminum products. 12. **Iron and Steel Products** – Including articles of iron or steel. 13. **Electrical Machinery and Equipment** – Various electronic devices. 14. **Optical and Medical Instruments** – Precision instruments. 15. **Footwear** – Various types of shoes. 16. **Apparel and Clothing Accessories** – Garments and related items. 17. **Plastics and Articles Thereof** – Plastic products. 18. **Rubber and Articles Thereof** – Rubber products. 19. **Wood and Articles of Wood** – Wood products. 20. **Stone, Plaster, Cement, Asbestos, Mica, and Similar Materials** – Construction materials.([Hetq.am][2], [TheGlobalEconomy.com][3], [Food & Wine][4], [TrendEconomy][5]) ###Top Export Destinations Armenia's primary export partners in 2023 included: * **Russia** – \$3.38 billion (40% of total exports) * **United Arab Emirates** – \$5.25 billion * **Hong Kong** – \$1.76 billion * **China** – \$1.10 billion * **Iraq** – \$246.14 million([TrendEconomy][5], [Trading Economics][6]) These countries collectively represent a substantial share of Armenia's export market. If you need more detailed information on specific export categories or trade partners, feel free to ask! [1]: https://news.am/eng/news/850191.html?utm_source=chatgpt.com "What place did Armenia take in the world ranking of exporting countries ..." [2]: https://hetq.am/en/article/168619?utm_source=chatgpt.com "Armenia's Growing Re-exports: Gold, Diamonds, Mobile Phones Top the List" [3]: https://www.theglobaleconomy.com/armenia/exports/?utm_source=chatgpt.com "Armenia: Exports, percent of GDP - TheGlobalEconomy.com" [4]: https://www.foodandwine.com/armenia-wine-old-vine-varieties-8757380?utm_source=chatgpt.com "Armenia Is Producing Some of the World's Most Interesting Wines - If You Can Find Them" [5]: https://trendeconomy.com/data/h2/Armenia/TOTAL?utm_source=chatgpt.com "Armenia | Imports and Exports | World | ALL COMMODITIES - TrendEconomy" [6]: https://tradingeconomics.com/armenia/exports-by-country?utm_source=chatgpt.com "Armenia Exports By Country - TRADING ECONOMICS"