The trade gap in Armenia widened to USD 326 million in August 2022, reaching the highest trade deficit since December 2019. Imports jumped to USD 887.3 million from USD 753.7 million in July while exports increased to USD 561.3 million from USD 477.7 million. source: National Statistical Service of the Republic of Armenia
Balance of Trade in Armenia averaged -180 USD Million from 2003 until 2022, reaching an all time high of -33.98 USD Million in August of 2003 and a record low of -440 USD Million in December of 2019. This page provides the latest reported value for - Armenia Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Armenia Balance of Trade - data, historical chart, forecasts and calendar of releases - was last updated on September of 2022.
Balance of Trade in Armenia is expected to be -280.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Armenia Balance of Trade is projected to trend around -320.00 USD Million in 2023, according to our econometric models.