Armenia Trading Partner Portal

Trading Partner Portal: Armenia

Overview

Trade Overview

Armenia is a democratic nation-state – bordered by Turkey to the west, Georgia to the north, and Iran to the south – that has an ancient cultural heritage. The modern Republic of Armenia became independent in 1991 during the dissolution of the Soviet Union. Today, Armenia is a member of the Eurasian Economic Union, Council of Europe, and the Collective Security Treaty Organization.

The Velvet Revolution, which took place in 2018, brought full democracy to Armenia and a new interest in trade and investment.

Armenia’s population was approximately 3.03 million in 2024. In this same year, Armenian GDP was $25.79 billion, with GDP per capita equaling $8,501. The Armenian government has been working closely with the Overseas Private Investment Corporation (OPIC) with interest in the high tech and electronics sectors, as well as agriculture, food processing, and textiles.

U.S. – Armenia Trade

Two-way trade in goods between the U.S. and Armenia totaled $198 million in 2025. U.S. exports to Armenia totaled $133 million in 2025 with the top export being transportation equipment at $64 million. This was followed by used or second-hand merchandise ($20 million), computer and electronic products ($13 million), chemicals ($11 million), and processed foods ($6 million).

Imports from Armenia to the U.S. in 2025 totaled $88 million. Of this, $27 million was made up of miscellaneous manufactured commodities, followed by apparel and accessories ($9 million), processed foods ($8 million), beverage and tobacco products ($7 million), and primary metal manufactures ($4 million). (Trade Stats Express)

California – Armenia Trade

California exports to Armenia in 2025 totaled $22 million, being the top exporting state for Armenia. Top exports consisted of transportation equipment ($7 million), computers and electronic products ($5 million), used or secondhand merchandise ($3 million), primary metals manufactures ($2 million), and chemicals ($1 million). (Trade Stats Express)

Imports from Armenia into California totaled $20 million in 2025. Top imports included processed foods ($6 million), beverage and tobacco products, ($7 million), miscellaneous manufactures ($4 million), wood products ($1 million), and apparel and accessories ($1 million).

There are 8 million Armenians that live abroad, including 1.5 million in the U.S., with 700,000 Armenians in California alone.

FDI – Armenia

U.S. foreign direct investment (FDI) into Armenia in 2024 totaled $8 million. (Bureau of Economic Analysis)

More Articles:

California Partners with Impact Hub Yerevan on Trade and Services Desk
Governor’s Office of Business and Economic Development, June 1, 2021

 

Trade Agreements and Issues

Framework Agreement Between California and The Republic of Armenia

On September 24, 2019 California Governor Gavin Newsom and the Prime Minister of Armenia Nikol Pashinyan signed an agreement to make a Trade and Services Desk in Armenia to promote two-way trade and investment for businesses in Armenia and California. Teh Agreement was signed in New York City at a meeting with the Governor, Prime Minister Pashinyan, Armenia’s Minister of Foreign Affairs Zohrab Mnatsakanyan, Armenian Ambassador to the United States Varuzhan Nersesyan, Armenia’s High Commissioner for Diaspora Affairs Zareh Sinanyan, Armenia’s Consul General in Los Angeles Armen Baibourtian and Senator Anthony Portantino (D-La Cañada Flintridge).

See a copy of the agreement here.

California Governor Gavin Newsom Signs Agreement to Promote Trade and Investment with Armenia | Governor of California
Governor of California, September 24, 2019

Events

Events

On July 8, 2019, CalChamber Vice President of International Affairs, Susanne Stirling, met with Consul General of Armenia in Los Angeles, Ambassador Armen Baibourtian, at the CalChamber offices in Sacramento.

 

Key Country Contacts

Resources

CalChamber Resources

Business

Business

Cultural

Cultural/Educational