Armenia ranked No. 165 in total trade value with a total of $28.37 million through the first four months of 2020, That’s 16.94% below its total trade during the same time period last year. In the same period one year ago, it ranked No. 167. Exports to Armenia totaled $8.01 million and imports to the USA totaled $20.36 million. The trade deficit was $12.35 million. U.S. exports to Armenia decreased 64.06% while U.S. imports from Armenia rose 71.56%.
Top U.S. Exports to Armenia
1 Diamonds, not mounted $1.65 M
2 Polymers of vinyl chloride $412,335
3 Returned exports, with change $410,267
4 Passenger vehicles $406,930
5 Parts for heavy machinery $369,086
6 Cell phones, related equipment $304,834
7 Gold $300,000
8 Rubber tires $291,648
9 Jewelry, parts $244,450
10 Medical instruments $204,728
Top U.S. Imports from Armenia
1 Aluminum foil, less than 0.2 mm thick $11.6 M
2 Jewelry, parts $1.41 M
3 Diamonds, not mounted $1.36 M
4 Rum, gin, vodka, other liquors $733,063
5 Men’s or boys’ overcoats $603,435
6 Wine $551,921
7 Refrigerators, freezers $530,001
8 Women’s or girls’ overcoats, etc. $508,573
9 Value added to a returned import $341,312
10 Estimates of low-value imports $301,666
Meanwhile, U.S.-Azerbaijan total trade through the first 4 months of 2020 amounted to $82.51 million which is 35.41% above its total trade during the same time period last year. U.S. exports to Azerbaijan increased 28.56 percent amounting to $65.92 million while U.S. imports from Azerbaijan rose 71.69 percent with a total of $16.6 million. U.S. surplus with Azerbaijan amounted to $49.32 million.
According to the data of the January-April, Azerbaijan is 131sttrade partner of the U.S. In the same period one year ago, it ranked No. 126.
Top U.S. Exports to Azerbaijan
1 Civilian aircraft, parts- $15.72 M
2 Parts for heavy machinery-$7.44 M
3 Binders for found molds; chemical products- $3.11 M
4 Diesel engines- $3 M
5 Miscellaneous machines, parts- $2.91 M
6 Catalytic converters, air filters, oil filers, etc- $2.5 M
7 Taps, cocks and valves for pipes, tanks- $2.38 M
8 Plastic tubes, hoses and fittings- $2.25 M
9 Power supplies, transformers- $2.01 M
10 Passenger vehicles- $1.72 M
Top U.S. Imports from Azerbaijan
1 Value added to a returned import- $12.15 M
2 Aluminum plates, sheets, strip more than 0.2mm thi- $2.77 M
3 Electric ignition equipment- $532,774
4 Preparations for animal feeding- $188,130
5 Furniture, parts- $178,325
6 Power supplies, transformers- $167,582
7 Fruit and vegetable juices, not fortified- $140,637
8 Antiques- $90,598
9 Raw tobacco- $87,809
10 Medical instruments – $80,012
Source: https://www.ustradenumbers.com/