Armenia / Belarus

Armenia-Belarus Trade: In 2022, Armenia exported $74.6M to Belarus. The main products that Armenia exported to Belarus were Broadcasting Equipment ($18.2M), Hard Liquor ($11.4M), and Diamonds ($6.15M). Over the past 5 years the exports of Armenia to Belarus have increased at an annualized rate of 58.9%, from $7.37M in 2017 to $74.6M in 2022.

In 2022, Armenia did not export any services to Belarus.

Belarus-Armenia Trade: In 2022, Belarus exported $107M to Armenia. The main products that Belarus exported to Armenia were Diamonds ($24.2M), Concentrated Milk ($20.1M), and Hard Liquor ($5.69M). Over the past 5 years the exports of Belarus to Armenia have increased at an annualized rate of 23%,  from $37.9M in 2017 to $107M in 2022.

In 2014, Belarus exported services to Armenia worth $46k, with Government services, n.i.e. ($28.6k), Computer and information services ($11.4k), and Royalties and license fees ($4.6k) being the largest in terms of value.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).