The Rational ModerateSearch

Trade by country

Armenia

In 2025, US goods exports to Armenia were $133.4 million and goods imports from Armenia were $64.5 million; exports exceeded imports by $68.9 million.

Goods: the latest figures

2025, full year

Exports
$133.4 million
Imports
$64.5 million
Balance
exports exceeded imports by $68.9 million (a goods trade surplus, in Census's term)
Total goods trade
$198.0 million
Share of US goods trade
0.004%
Rank among partners
No. 151 of 231

Latest 12 months, August 2025 to July 2026

Exports
$171.8 million
Imports
$60.3 million
Balance
exports exceeded imports by $111.4 million (a goods trade surplus, in Census's term)
Total goods trade
$232.1 million
Share of US goods trade
0.004%
Rank among partners
No. 149 of 233

2025 rank among 231 partners with trade that year; 12-month rank among 233.

  • Census basis goods, not seasonally adjusted. Exports are free alongside ship value; imports are general imports (customs value), everything that arrives, including goods entering bonded warehouses and Foreign Trade Zones. Shares and ranks compare total goods trade (exports plus imports) with the same period's world total.
  • US exports include re-exports: foreign goods shipped on in substantially the same condition as when they were imported. Exports are credited to the destination as known to the shipper and imports to the country of origin. The workbook used here does not separate re-exports.

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly data through July 2026; 2025 is the latest full year. Census revises the prior year's country totals each June. Retrieved Sept. 26, 2026.

Goods since 1992

US goods exports to and imports from Armenia, 1992 to 2025

Full years only, in current dollars (not adjusted for inflation).

$0$50M$100M$150M$200M202020212022202320242025

$0$50M$100M$150M$200M20162018202020222024

$0$50M$100M$150M$200M200020102020

Data table
YearExportsImportsBalanceTotalShare of US goods tradeRank
2026 (7 months)$110.8M$33.4MExports exceeded imports by $77.4M$144.2M0.004%148
2025$133.4M$64.5MExports exceeded imports by $68.9M$198M0.004%151
2024$160.7M$121.3MExports exceeded imports by $39.4M$282M0.005%137
2023$188.7M$132.7MExports exceeded imports by $56M$321.4M0.006%136
2022$194.7M$80.8MExports exceeded imports by $113.9M$275.4M0.005%145
2021$44.5M$88MImports exceeded exports by $43.5M$132.5M0.003%165
2020$27.9M$68.1MImports exceeded exports by $40.1M$96M0.003%168
2019$52.9M$55.1MImports exceeded exports by $2.2M$108M0.003%167
2018$45.7M$54MImports exceeded exports by $8.2M$99.7M0.002%171
2017$55M$67.9MImports exceeded exports by $12.9M$122.9M0.003%162
2016$43.6M$42.6MExports exceeded imports by $999K$86.2M0.002%170
2015$50.2M$62.5MImports exceeded exports by $12.2M$112.7M0.003%161
2014$60.4M$96.4MImports exceeded exports by $35.9M$156.8M0.004%157
2013$91.2M$101.3MImports exceeded exports by $10.1M$192.5M0.005%150
2012$64.3M$88.6MImports exceeded exports by $24.3M$152.9M0.004%156
2011$94.3M$92.6MExports exceeded imports by $1.7M$186.9M0.005%148
2010$113.5M$75.5MExports exceeded imports by $38M$188.9M0.006%140
2009$77.1M$77.6MImports exceeded exports by $496K$154.7M0.006%148
2008$151.4M$42.7MExports exceeded imports by $108.7M$194.1M0.006%146
2007$110.6M$33.1MExports exceeded imports by $77.5M$143.7M0.005%151
2006$80.4M$46.5MExports exceeded imports by $33.9M$126.9M0.004%149
2005$65.5M$46.2MExports exceeded imports by $19.3M$111.7M0.004%153
2004$90.7M$46.1MExports exceeded imports by $44.6M$136.8M0.006%140
2003$102.8M$37.6MExports exceeded imports by $65.2M$140.3M0.007%131
2002$111.8M$30.7MExports exceeded imports by $81.1M$142.5M0.008%128
2001$49.9M$32.8MExports exceeded imports by $17.1M$82.7M0.004%148
2000$55.7M$23MExports exceeded imports by $32.7M$78.7M0.004%147
1999$51.4M$15.2MExports exceeded imports by $36.2M$66.6M0.004%146
1998$51.4M$16.6MExports exceeded imports by $34.8M$68M0.004%147
1997$62.2M$6.2MExports exceeded imports by $56M$68.4M0.004%145
1996$57.4M$1.4MExports exceeded imports by $56M$58.8M0.004%144 (tied)
1995$70.3M$16.3MExports exceeded imports by $54M$86.6M0.007%128
1994$74.1M$900KExports exceeded imports by $73.2M$75M0.006%132
1993$77.7M$700KExports exceeded imports by $77M$78.4M0.007%127
1992$24.7M$1.5MExports exceeded imports by $23.2M$26.2M0.003%162

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IYR, EYR) · retrieved Sept. 26, 2026 · 9,217 rows · as of July 2026 · monthly. Download CSV

2026 so far (7 months): exports $110.8 million, imports $33.4 million; exports exceeded imports by $77.4 million. Not in the chart, because a part year is not comparable with a full one.

Ranks start in 1992; before then the Census workbook covers only 76 partners. Shares start in 1987, the first year with a world total.

Goods by month

US goods exports to and imports from Armenia, by month

The latest 24 months. Not seasonally adjusted, so compare a month with the same month a year earlier.

$0$5M$10M$15M$20MJan. 2025July 2025Jan. 2026July 2026

Data table
MonthExportsImportsBalance
Aug. 2024$15M$10.6MExports exceeded imports by $4.4M
Sept. 2024$9.9M$10MImports exceeded exports by $50K
Oct. 2024$10.7M$13MImports exceeded exports by $2.3M
Nov. 2024$12.3M$6.1MExports exceeded imports by $6.2M
Dec. 2024$18.1M$10.6MExports exceeded imports by $7.5M
Jan. 2025$8M$9.3MImports exceeded exports by $1.3M
Feb. 2025$9.6M$7.4MExports exceeded imports by $2.2M
March 2025$15.2M$5.7MExports exceeded imports by $9.6M
April 2025$10.7M$4MExports exceeded imports by $6.6M
May 2025$10.7M$2.9MExports exceeded imports by $7.8M
June 2025$8.6M$3.8MExports exceeded imports by $4.8M
July 2025$9.7M$4.5MExports exceeded imports by $5.2M
Aug. 2025$10.7M$9.1MExports exceeded imports by $1.5M
Sept. 2025$11.1M$3.8MExports exceeded imports by $7.3M
Oct. 2025$11.7M$3.7MExports exceeded imports by $7.9M
Nov. 2025$14.5M$5.3MExports exceeded imports by $9.2M
Dec. 2025$13M$4.9MExports exceeded imports by $8.1M
Jan. 2026$12M$3.9MExports exceeded imports by $8.1M
Feb. 2026$15.5M$5.9MExports exceeded imports by $9.6M
March 2026$17.9M$5MExports exceeded imports by $12.9M
April 2026$16.9M$2.9MExports exceeded imports by $14M
May 2026$18M$5.4MExports exceeded imports by $12.7M
June 2026$15.4M$5.5MExports exceeded imports by $10M
July 2026$15M$4.9MExports exceeded imports by $10M

Source: U.S. Census Bureau, Trade in Goods by Country. Census Trade in Goods by Country, country.xlsx (columns IJAN..IDEC, EJAN..EDEC) · retrieved Sept. 26, 2026 · 5,923 rows · as of July 2026 · monthly. Download CSV

US goods trade with Armenia, August 2025 to July 2026: each month beside the same month a year earlier
MonthExportsA year earlierChangeImportsA year earlierChange
July 2026$15M$9.7M+54.4%$4.9M$4.5M+9.2%
June 2026$15.4M$8.6M+79.7%$5.5M$3.8M+42.4%
May 2026$18M$10.7M+68.8%$5.4M$2.9M+83.7%
April 2026$16.9M$10.7M+58.4%$2.9M$4M-29.1%
March 2026$17.9M$15.2M+17.3%$5M$5.7M-12.2%
Feb. 2026$15.5M$9.6M+62.0%$5.9M$7.4M-19.7%
Jan. 2026$12M$8M+50.3%$3.9M$9.3M-58.1%
Dec. 2025$13M$18.1M-27.9%$4.9M$10.6M-53.5%
Nov. 2025$14.5M$12.3M+17.8%$5.3M$6.1M-13.3%
Oct. 2025$11.7M$10.7M+8.7%$3.7M$13M-71.2%
Sept. 2025$11.1M$9.9M+11.6%$3.8M$10M-61.5%
Aug. 2025$10.7M$15M-29.0%$9.1M$10.6M-14.3%

Source: U.S. Census Bureau, Trade in Goods by Country. Monthly, August 2024 to July 2026; not seasonally adjusted. Retrieved Sept. 26, 2026.

Services

Services are counted separately from goods, by a different agency, on an annual timetable. They are not added to the goods figures above.

US trade in services with Armenia, 2018 to 2025
YearExportsImportsBalance (exports minus imports)
2025$290M$280MExports exceeded imports by $10M
2024$259M$243MExports exceeded imports by $16M
2023$264M$254MExports exceeded imports by $10M
2022$232M$150MExports exceeded imports by $82M
2021$144M$74MExports exceeded imports by $70M
2020$112M$48MExports exceeded imports by $64M
2019$133M$54MExports exceeded imports by $79M
2018$97M$43MExports exceeded imports by $54M

The balance column is BEA's published balance, which BEA rounds on its own, so it can differ by a million dollars from the exports and imports shown beside it. The 2025 balance is a services trade surplus, in BEA's term.

Source: U.S. Bureau of Economic Analysis, International Services, Table 2.4. Annual, 2018 to 2025, released July 7, 2026; cells exactly as BEA publishes them, marks included. Retrieved Sept. 26, 2026. Download CSV

Direct investment

The value of direct investment at year end, both ways: US companies' stake in businesses in Armenia, and investors in Armenia with a stake in US businesses. Historical cost (book value), not market value.

Direct investment positions, 2020 to 2025
Year endUS direct investment in ArmeniaDirect investment from Armenia in the US
2025$9M-$21M
2024$8M-$20M
2023$5M-$18M
2022$4M-$14M
2021$2M-$6M
2020$3M-$6M

BEA assigns each position to the immediate counterpart country, which may not be where the money ends up or where the ultimate owner is. That is why financial centers such as the Netherlands, Luxembourg and Caribbean islands rank high.

Source: U.S. Bureau of Economic Analysis, Direct Investment by Country and Industry. Positions at year end, 2020 to 2025; inward by country of foreign parent; cells exactly as BEA publishes them. Retrieved Sept. 26, 2026. Download CSV

Trade agreements

USTR lists no trade agreement with Armenia.

From USTR's list of free trade agreements in force and its page of agreements on reciprocal trade, in USTR's own wording. USTR's reciprocal trade page does not say whether each agreement is in force, so none is described that way here.

Source: Office of the United States Trade Representative, Free Trade Agreements and Agreements on Reciprocal Trade. Checked Sept. 26, 2026. Retrieved Sept. 26, 2026.

Context

Population, 2025
3.1 million
GDP, current US dollars, 2025
$29.2 billion

Source: The World Bank: World Development Indicators: Population, total (SP.POP.TOTL), UN Population Division and national statistical offices. The World Bank: World Development Indicators: GDP (current US$) (NY.GDP.MKTP.CD), country official statistics, OECD national accounts data files and World Bank staff estimates. License: CC BY 4.0. Most recent value per economy. Retrieved Sept. 26, 2026.

Top products and tariffs

Not shown yet: requires Census data not yet retrieved.