Trade in goods with USA SITC (Standard International Trade Classification)
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Armenia trade flows with USA by SITC*) product sections during 2020/12 - 2021/4

*) Standard International Trade Classification (classification system is maintained by the United Nations)


Share of USA's2020/12
%
2021/1
%
2021/2
%
2021/3
%
2021/4
%
Export0.00.00.00.00.0
Import0.00.00.00.00.0
Trade in Goods0.00.00.00.00.0

USA's foreign trade with Armenia, exports to Armenia and imports from Armenia in April 2021


The text of the following analysis is produced by a computer program. The program is a test version and its rule base at this stage is still quite limited.

In April Armenia was USA's 151. largest foreign trade partner. Decrease from the previous month was 2 places. Most of the value of trade between the countries consists of the import to USA. Amounting trade to worth of $12 million was 96.4 per cent bigger than in April of the previous year. In April the trade balance with Armenia was $7.2 million in deficit for United States of America.

The value of imports from Armenia was 83.4 per cent higher than in April of the previous year, thus amounting to $9.7 million. Major product categories of imports from Armenia were Sitc684 (aluminium), representing 45.9 percent of imports, Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.) 23.6 % and Sitc112 (alcoholic beverages) 6.3 % of the imports.

Exports to Armenia more than doubled from the previous year's April. The value of exports was $2.5 million. The largest product groups of exports were: Sitc971 (gold,non-monetary), which represented a share of 23.0 per cent of total exports, Sitc781 (motor cars and other motor vehicles principally designed for the transport of persons (other than motor vehicles for the transport of ten or more persons, including the driver), including station-wagons and racing cars) 17.5 % and Sitc752 (automatic data-processing machines and units thereof; magnetic or optical readers, machines for transcribing data onto data media in coded form and machines for processing such data, n.e.s.) 10.8 % of the exports.

Development during January-April 2021

During January-April, trade in goods with Armenia has grown faster than USA's trade in goods with the rest of the world. During this year trade in goods between countries was significantly higher than in January-April of the previous year. Growth was as high as 45.0610311266306 per cent and the value of the trade increased to $41 million. During January-April the value of imports was $31 million. The export value was $10 million. Compared to the corresponding period of the previous year, the value of imports increased by 50.7% and the value of exports by 30.3%. The largest product group in terms of imports has been Sitc684 (aluminium), worth $13 million. In export the largest value had Sitc931 (special transactions and commodities not classified according to kind), worth being $2.1 million. From USA's point of view, the trade balance between the countries in January-April remained in deficit. The trade deficit was $21 million. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $13 million.


Table: USA's export to Armenia (AM) during 2020/12 - 2021/4

2020 / 122021 / 12021 / 22021 / 32021 / 4
million $%million $%million $%million $%million $%
6. Basic manufactures 0.3 15.2 0.5 19.1 0.1 3.8 0.6 12.5 0.3 8.2
7. Machinery,transport equipment 0.9 47.4 0.10 36.2 0.6 58.1 1.1 25.5 1.3 48.4
78. Road vehicles 0.5 25.1 0.4 14.2 0.3 25.4 0.7 16.6 0.7 27.2
8. Miscellaneous manufactured articles 0.3 13.8 0.10 35.6 0.2 18.8 0.3 5.2 0.2 7.5
9. Goods not classified elsewhere 0.3 13.5 0.1 3.8 0.1 3.0 1.9 46.9 0.7 25.9
93. Special transactions and commodities not classified 0.1 0.8 0.1 3.8 0 0.0 1.9 46.9 0.1 2.8
97. Gold,non-monetary 0.3 12.7 0 0.0 0.1 2.9 0 0.0 0.6 23.0
0-9. All groups combined 1.9 100.0 2.7 100.0 1.0 100.0 4.1 100.0 2.6 100.0

Source: US Census Bureau

Table: Import from Armenia (AM) to USA during 2020/12 - 2021/4

2020 / 122021 / 12021 / 22021 / 32021 / 4
million $%million $%million $%million $%million $%
0. Food and live animals 0.8 9.8 0.6 9.8 0.9 11.5 0.4 3.7 0.8 7.7
05. Vegetables and fruit 0.5 5.0 0.4 5.5 0.6 8.3 0.3 2.5 0.6 5.5
1. Beverages and tobacco 1.4 16.7 0.9 13.6 0.6 8.4 0.2 2.4 0.7 6.7
11. Beverages 1.4 16.7 0.9 13.6 0.6 8.4 0.2 2.4 0.7 6.7
6. Basic manufactures 2.8 34.1 2.8 45.9 2.0 27.9 4.0 48.4 4.6 46.5
68. Non-ferrous metals 2.8 33.8 2.7 43.7 1.9 26.6 3.6 43.8 4.5 45.9
8. Miscellaneous manufactured articles 2.9 35.3 1.7 27.7 3.4 46.8 3.3 39.3 3.3 33.6
89. Miscellaneous manufactured articles,n.e.s. 2.4 29.7 1.4 22.0 3.0 42.0 2.9 34.5 2.8 28.7
0-9. All groups combined 8.1 100.0 6.1 100.0 7.1 100.0 8.2 100.0 9.8 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - April (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - April (ATP)

USA's Trade in Goods Start Page