Products Imported from China to Armenia

In the calendar year of 2023, China exported goods worth US$1.1 billion to Armenia. Among the main exports from China to Armenia were Broadcasting Equipment (US$182 million), Computers (US$68.6 million), Semiconductor Devices (US$41.4 million), Rubber Tires (US$24.45 million) and Cars (US$19.89 million). Over the span of 28 years, China’s exports to Armenia have grown steadily at an annualized rate of 30.6%, rising from US$812,000 in 1995 to US$1.1 billion in 2023.

List of All Products That Were Imported from China to Armenia

The table below presents a comprehensive list of all commodities that were exported from China to Armenia in 2023, categorized by product types, and ranked by their trade values in US dollars.

Tips to use this table

1. Identifying High-Demand Products: Analyze the top-ranked products to identify which items have the highest trade values. These products are likely to be in high demand in the Armenia market, presenting lucrative opportunities for importers and resellers.
2. Niche Market Exploration: Explore products with significant trade values that may not be commonly known. These niche products could represent untapped market segments with less competition, allowing resellers and importers to carve out a unique position in the market.

Last Updated: April, 2024

Note #1: The HS4 code, or Harmonized System 4-digit code, is part of the Harmonized Commodity Description and Coding System (HS). It’s an internationally standardized system for classifying goods in international trade.

Note #2: This table is regularly updated on an annual basis. Therefore, we encourage you to revisit frequently to access the latest information regarding trade between China and Armenia.

Trade Agreements between China and Armenia

China and Armenia have gradually developed their bilateral trade relations through a series of agreements and cooperative arrangements. Although not as extensive as China’s agreements with larger economies, the relationship with Armenia is framed by a few key agreements and mutual participations in broader multilateral frameworks.

1. China-Eurasian Economic Union Free Trade Agreement (EAEU FTA): Although not exclusively between China and Armenia, this agreement is significant as Armenia is a member of the EAEU. Discussions for a free trade agreement between China and the EAEU began around 2016, with the signing of the trade-economic cooperation agreement in 2018. This agreement aims to increase trade liberalization and create a more conducive environment for economic exchanges among the member states, including Armenia.
2. Belt and Road Initiative (BRI): Armenia joined China’s Belt and Road Initiative, which is not a trade agreement per se but a significant trans-national development project initiated by China in 2013. The BRI aims to enhance global trade and stimulate economic growth across Asia and beyond through development and investments initiatives. For Armenia, participation in the BRI promises enhanced connectivity and potential increases in bilateral trade.
3. Bilateral Agreements: Over the years, China and Armenia have signed several bilateral agreements that cover a range of sectors including economic, technological, and cultural cooperation. These agreements aim to strengthen ties and enhance mutual benefits. For example, in 2019, during a meeting between representatives from both countries, agreements were reached to promote cooperation in areas such as technology and education.

These frameworks and initiatives illustrate the commitment of both countries to deepen their economic and trade relationships. They provide platforms for Armenia to benefit from China’s expansive economic reach and for China to secure a partner in its strategic initiatives in the Eurasian region. The actual bilateral trade between the two countries remains modest but is poised for growth under these cooperative umbrellas.