Trade in goods with USA SITC (Standard International Trade Classification)
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Armenia trade flows with USA by SITC*) product sections during 2021/7 - 2021/11

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


Share of USA's2021/7
%
2021/8
%
2021/9
%
2021/10
%
2021/11
%
Export0.0 0.0 0.0 0.0 0.0
Import0.0 0.0 0.0 0.0 0.0
Trade in Goods0.0 0.0 0.0 0.0 0.0

USA's foreign trade with Armenia, exports to Armenia and imports from Armenia in November 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 November Armenia was USA's 158. most important foreign trade partner. Amounting trade to worth of $12 million was 84.0 per cent bigger than in November of the previous year. In November the trade balance with Armenia was $93.1 thousand in deficit for United States of America.

The value of imports from Armenia was 13.0 per cent higher than in November of the previous year, thus amounting to $6.0 million. Major product categories of imports from Armenia were Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.), representing 45.3 percent of imports, Sitc112 (alcoholic beverages) 17.2 % and Sitc842 (women's or girls' coats, capes, jackets, suits, trousers, shorts, shirts, dresses and skirts, underwear, nightwear and similar articles of textile fabrics, not knitted or crocheted (other than those of subgroup 845.2)) 9.4 % of the imports.

Exports to Armenia grew strongly over the previous year's November. The value of exports was $5.9 million. The largest product groups of exports were: 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), which represented a share of 26.0 per cent of total exports, Sitc784 (parts and accessories of the motor vehicles of groups 722, 781, 782 and 783) 10.7 % and Sitc012 (other meat and edible meat offal, fresh, chilled or frozen (except meat and meat offal unfit or unsuitable for human consumption)) 10.5 % of the exports.

Significant increase in trade in goods in early 2021

During January-November, 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-November of the previous year. Growth was as high as 38.8 per cent and the value of the trade increased to $120 million. During January-November the value of imports was $80 million. The export value was $40 million. Compared to the corresponding period of the previous year, the value of imports increased by 33.1 % and the value of exports by 51.8 %. The largest product group in terms of imports has been Sitc897 (jewellery, goldsmiths' and silversmiths' wares, and other articles of precious or semiprecious materials, n.e.s.), worth $30 million. In export the largest value had 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), worth being $6.6 million. From USA's point of view, the trade balance between the countries in January-November remained in deficit. The trade deficit was $40 million. The trade deficit continued to widen compared to the corresponding period in 2020. At that time, the deficit was $34 million.


Table: USA's export to Armenia (AM) during 2021/7 - 2021/11

2021 / 72021 / 82021 / 92021 / 102021 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 0.8 21.6 0.6 17.8 0.4 6.9 0.7 15.2 0.6 10.6
01. Meat and meat preparations 0.8 21.6 0.6 16.7 0.3 4.9 0.6 13.6 0.6 10.5
5. Chemicals and related products,n.e.s. 0.1 2.2 0.3 8.5 0.0 0.4 0.2 5.1 0.7 11.3
54. Medicinal and pharmaceutical products 0.0 0.6 0.0 1.0 0.0 0.2 0.2 4.7 0.6 9.9
7. Machinery,transport equipment 1.8 50.0 1.6 45.9 2.4 41.5 3.1 68.9 3.5 59.7
77. Electric machinery,n.e.s.and parts 0.0 1.4 0.2 5.0 0.0 0.9 1.4 30.3 0.2 2.9
78. Road vehicles 0.5 14.8 0.7 21.6 1.7 29.8 0.9 20.1 2.5 42.6
8. Miscellaneous manufactured articles 0.7 20.5 0.8 24.3 0.4 7.1 0.2 3.7 0.4 6.9
9. Goods not classified elsewhere 0.1 1.7 0.0 0.4 2.4 41.8 0.0 0.0 0.5 8.6
93. Special transactions and commodities not classified 0.0 0.3 00 2.3 40.8 00 0.5 8.4
0-9. All groups combined 3.5 100.0 3.4 100.0 5.7 100.0 4.6 100.0 5.9 100.0

Source: US Census Bureau

Table: Import from Armenia (AM) to USA during 2021/7 - 2021/11

2021 / 72021 / 82021 / 92021 / 102021 / 11
million $%million $%million $%million $%million $%
0. Food and live animals 0.9 14.4 0.4 6.5 0.5 7.4 0.8 11.5 0.5 9.0
05. Vegetables and fruit 0.6 9.1 0.4 6.0 0.3 4.2 0.5 6.6 0.3 4.7
1. Beverages and tobacco 1.2 19.1 0.6 9.5 1.0 16.5 1.3 17.5 1.3 21.7
11. Beverages 1.2 19.1 0.6 9.5 1.0 16.5 1.3 17.5 1.3 21.7
6. Basic manufactures 0.1 1.1 1.0 15.7 0.2 3.2 0.3 3.8 0.0 0.6
68. Non-ferrous metals 00 0.9 13.6 0.2 2.9 00 00
8. Miscellaneous manufactured articles 3.8 59.8 4.2 65.2 4.2 69.7 4.5 62.2 3.9 64.6
84. Articles of apparel and clothing accessories 0.9 14.5 0.7 11.2 0.6 10.5 0.9 12.8 1.0 17.5
89. Miscellaneous manufactured articles,n.e.s. 2.9 45.1 3.4 53.1 3.6 58.3 3.6 49.3 2.8 46.0
0-9. All groups combined 6.4 100.0 6.4 100.0 6.1 100.0 7.3 100.0 6.0 100.0

Source: US Census Bureau

Year level (Sitc)

Year 2021 January - November (Sitc)


Year level of Advanced Technology Products (ATP)

Advanced Technology Products (ATP) of last published months

Year 2021 January - November (ATP)

USA's Trade in Goods Start Page