October 2011
Armenia
                         
BASIC INDICATORS
Population (thousands, 2010)  3 092 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  9 265 Merchandise  145 131
GDP (million current PPP US$, 2010)  16 556 excluding intra-EU trade 119 105
Current account balance (million US$, 2010) - 1 301 Commercial services 123 125
Trade per capita (US$, 2008-2010)  1 896 excluding intra-EU trade 97 99
Trade to GDP ratio (2008-2010)   59.6
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   119 4 -14 1
Exports of goods and services (volume, 2005=100)   53 -12 -33 2
Imports of goods and services (volume, 2005=100)   100 0 -21 1
                         
TRADE POLICY
WTO accession 5 February 2003 Contribution to WTO budget (%, 2011) 0.015
Trade Policy Review 6, 8 April 2010 Import duties collected (%, 2007-2009)
GPA accession  Observer in total tax revenue 5.1
Tariffs and duty free imports to total imports 2.2
Tariff binding coverage (%)    100 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2008 Outstanding notifications in WTO Central Registry   9
Simple average of import duties Goods RTAs - services EIAs notified to WTO 8 - 0
All goods   8.5   2.8 Anti-dumping (30 June 2010) ...
Agricultural goods (AOA)   14.7   6.8 Countervailing duties (30 June 2010) ...
Non-agricultural goods   7.6   2.2 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   0.0   0.4 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2008) Requests for consultation 0 - 1
in agricultural goods (AOA)   27.9 Original panel / Appellate Body (AB) reports 0 - 0
in non-agricultural goods   77.4 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   106 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  1 011 1 -33 42
Merchandise imports, c.i.f. (million US$)  3 783 16 -25 14
2010   2010
Share in world total exports    0.01 Share in world total imports  0.02
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   16.4 Agricultural products 18.4
Fuels and mining products   47.8 Fuels and mining products 20.8
Manufactures   31.0 Manufactures 55.5
  By main destination   By main origin
1. European Union (27)   49.5 1. European Union (27)   25.4
2. Russian Federation   15.8 2. Russian Federation   21.9
3. United States   8.1 3. China   10.6
4. Georgia   4.8 4. Ukraine   6.1
5. Iran, Islamic Rep. of   3.9 5. Iran, Islamic Rep. of   5.8
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)   737   13 -9 27
Commercial services imports (million US$)   973   13 -12 16
2010   2010
Share in world total exports   0.02   Share in world total imports 0.03
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   20.2   Transportation 45.9
Travel   54.7   Travel 40.3
Other commercial services   25.0   Other commercial services 13.8
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2009 Trademark registrations by office, 2009
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  149   7   156   773   523  2 596  3 892