Trade in goods with USA SITC (Standard International Trade Classification)
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Armenia trade flows with USA by SITC*) product sections during 2023/5 - 2023/9

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


Share of USA's2023/5
%
2023/6
%
2023/7
%
2023/8
%
2023/9
%
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 September 2023


The text of the following analysis is produced by a computer program.

In September Armenia was USA's 148. most important foreign trade partner. Weakening from the previous month was 20 places. Trade in goods between the countries of the month was considerably lower than in in September of the previous year. The value of the trade was $17 million and the drop was 33.7 %. During the month, the balance of trade with Armenia was $2.4 million of surplus.

The value of imports from Armenia was 32.5 per cent higher than in September of the previous year, thus amounting to $7.2 million. Major product categories of imports from Armenia were Sitc667 (pearls and precious or semiprecious stones, unworked or worked), representing 44.2 percent of imports, Sitc776 (thermionic, cold cathode or photo-cathode valves and tubes (e.g., vacuum or vapour or gas-filled valves and tubes, mercury arc rectifying valves and tubes, cathode-ray tubes, television camera tubes); diodes, transistors and similar semiconductor dev) 15.1 % 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)) 8.1 % of the imports.

The value of exports to Armenia declined considerably,by 51.8 per cent, compared to in September of the previous year, thus amounting to $9.6 million in September 2023. 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 36.2 per cent of total exports, Sitc784 (parts and accessories of the motor vehicles of groups 722, 781, 782 and 783) 16.4 % 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.) 7.3 % of the exports.

Significant increase in trade in goods in early 2023

During this year trade in goods between countries was significantly higher than in January-September of the previous year. Growth was as high as 32.2 per cent and the value of the trade increased to $251 million. During January-September the value of imports was $99 million. The export value was $152 million. Compared to the corresponding period of the previous year, the value of imports increased by 59.4 % and the value of exports by 18.9 %. The largest product group in terms of imports has been Sitc667 (pearls and precious or semiprecious stones, unworked or worked), worth $50 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 $62 million. The trade balance between USA and Armenian between January and September was in surplus for USA. The timing surplus was $53 million.


Table: USA's export to Armenia (AM) during 2023/5 - 2023/9

2023 / 52023 / 62023 / 72023 / 82023 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 0.3 2.3 1.0 5.8 1.6 9.6 0.6 4.8 0.3 2.7
09. Miscellaneous edible products and preparations 0.2 1.7 0.5 3.0 0.8 5.1 0.3 2.4 0.3 2.6
5. Chemicals and related products,n.e.s. 0.5 3.9 1.0 5.9 0.7 4.0 1.5 12.3 0.4 3.7
53. Dyeing,tanning and colouring material 0.1 0.7 0.7 3.9 0.2 1.5 0.2 2.0 0.2 2.0
59. Chemical materials and products,n.e.s. 0.1 0.7 0.1 0.4 0.1 0.3 1.1 8.6 0.0 0.2
6. Basic manufactures 1.2 8.7 0.1 0.7 0.1 0.7 0.1 1.1 0.0 0.5
65. Textile yarn,fabrics,made up articles,etc. 1.0 7.1 0.0 0.1 00 0.1 0.6 0.0 0.3
7. Machinery,transport equipment 10.6 78.6 13.4 78.8 12.5 74.9 8.4 67.8 7.4 77.4
74. General industrial machinery n.e.s. 0.0 0.3 0.5 3.2 0.1 0.3 0.3 2.7 0.2 1.6
75. Office machines and adp machines 0.4 2.7 0.2 1.0 0.2 0.9 0.1 0.7 0.9 9.7
76. Telecommunications and sound recording equipment 0.6 4.2 0.4 2.6 0.3 1.9 0.5 3.7 0.4 4.6
77. Electric machinery,n.e.s.and parts 0.6 4.4 0.6 3.3 1.2 7.0 0.3 2.6 0.2 2.5
78. Road vehicles 8.8 65.2 11.3 66.5 10.6 63.9 7.1 56.8 5.5 57.5
8. Miscellaneous manufactured articles 0.6 4.6 1.1 6.5 1.5 9.2 1.3 10.2 1.5 15.2
81. Prefabr.buildings;sanitary,lighting etc.fixtrs 00 0.0 0.1 00 0.5 4.3 00
84. Articles of apparel and clothing accessories 0.1 1.0 0.1 0.7 0.7 4.5 0.1 0.5 0.3 2.8
87. Instruments and apparates n.e.s. 0.1 0.9 0.5 2.8 0.1 0.8 0.4 3.3 0.9 9.9
0-9. All groups combined 13.5 100.0 17.1 100.0 16.7 100.0 12.5 100.0 9.6 100.0

Source: US Census Bureau

Table: Import from Armenia (AM) to USA during 2023/5 - 2023/9

2023 / 52023 / 62023 / 72023 / 82023 / 9
million $%million $%million $%million $%million $%
0. Food and live animals 0.6 3.3 0.9 10.6 0.8 10.3 0.5 2.9 0.6 8.2
05. Vegetables and fruit 0.4 2.6 0.5 6.0 0.5 6.4 0.2 0.9 0.2 2.1
1. Beverages and tobacco 0.6 3.3 0.9 10.8 0.7 9.3 2.5 14.4 0.3 4.2
11. Beverages 0.6 3.3 0.9 10.8 0.7 9.3 2.5 14.4 0.3 4.2
6. Basic manufactures 10.3 60.3 4.4 52.3 3.6 45.3 11.1 63.8 3.7 50.8
66. Non-metallic mineral manufactures,n.e.s. 10.2 59.8 3.4 40.9 3.6 45.1 11.0 63.2 3.2 44.2
68. Non-ferrous metals 00 0.9 10.8 00 00 0.2 3.2
7. Machinery,transport equipment 0.8 5.0 0.8 9.1 0.6 8.1 0.8 4.6 1.4 19.3
77. Electric machinery,n.e.s.and parts 0.8 4.4 0.8 9.0 0.6 7.4 0.7 4.3 1.1 15.4
8. Miscellaneous manufactured articles 4.4 26.1 1.1 13.0 1.9 23.8 2.3 13.4 1.1 15.6
84. Articles of apparel and clothing accessories 0.9 5.3 0.5 6.4 1.3 16.2 1.2 6.7 0.7 10.1
89. Miscellaneous manufactured articles,n.e.s. 3.3 19.5 0.4 5.1 0.5 6.1 1.0 5.9 0.2 2.7
0-9. All groups combined 17.0 100.0 8.4 100.0 7.9 100.0 17.5 100.0 7.2 100.0

Source: US Census Bureau

Year level (Sitc)

The amount realized in the beginning of 2023 (Sitc)


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