ARMENIA

KEY ECONOMIC INDICATORS (YEAR 2002)

Population 3.1 million
Per Capita Income 790 USD
GDP    2.4 billion USD
GDP %age Growth  12.90%

INDIA'S BILATERAL TRADE WITH ARMENIA

Value in Million USD

Year 1998-1999 1999-2000 2000-2001 2001-2002 2002-2003

Exports
India's Total Export 33,218.72 36,822.49 44,560.29 43,826.73 52,719.43
Exports to Armenia 0.18  0.66 1.4 1.31 2.52
%Growth 261.73 112.16 -6.13  91.43
%Growth in India's Exports 10.85  21.01  -1.65 20.29
%Share in total exports 0 0 0 0 0

Imports
India's Total Import 42,388.71 49,738.06 50,536.46 51,413.29 61,412.13
Imports to Armenia 0.02 0 0.56 0.45 0.16
%Growth -89.2 31,337.13  -19.76 -64.56
%Growth in India's Imports 17.34  1.61 1.74  19.45
%Share in total Imports 0 0 0 0 0

India's Trade Balance
with Armenia 0.17 0.66 0.84  0.86  2.36 
with World -9,169.99 -12,915.57 -5,976.16 -7,586.56 -8,692.70

COMPARATIVE TREND OF INDIA'S SHARE AS A SUPPLIER IN ARMENIA'S TOTAL IMPORTS

Value in Million USD

YEAR GLOBAL IMPORTS

IMPORTS FROM INDIA

INDIA'S %AGE SHARE IN ARMENIA'S TOTAL IMPORTS
1997 754.44 0.67 0.09
1999 810.85 3.90 0.48
2000 840.26 5.47 0.65
2002  945.01 3.73 0.39

TOP 20 PRODUCT GROUPS OF GLOBAL IMPORTS OF ARMENIA (YR. 2002)

VALUE IN MILLION USD

HS Code

Description

Global Imports

Imports from India

India's %age share as supplier

Intra-CIS Imports

%Age Share of CIS Countries as Suppliers to Armenia

Supplier Country

%age share

71

Precious Stones, Metals

  210.95

-

-

   15.38

       7.29

BELGIUM

38.91

ISRAEL

38.19

RUSSIA

7.27

USA

6.2

LUXEMBOURG

5.05

27

Mineral Fuels, Oils Etc.

  168.78

           -   

            -   

  100.05

         59.28

RUSSIA

37.29

BULGARIA

23.17

TURKMENISTAN

14.67

IRAN

7.13

ROMANIA

4.16

84

Machinery

    52.36

       0.01

        0.02

     8.74

         16.69

U.A.E

12.34

ITALY

12.05

RUSSIA

11.89

GERMANY

8.96

BELGIUM

7.77

10

Cereals

    48.92

       0.26

        0.53

   44.77

         91.52

RUSSIA

68.72

GEORGIA

10.73

UKRAINE

10.20

IRAN

5.39

USA

1.43

85

Electrical Machinery

    48.61

       0.43

        0.88

     2.63

          5.41

GERMANY

29.08

U.A.E

20.96

GREECE

10.44

ITALY

8.61

RUSSIA

4.62

24

Tobacco And Manufactured Tobacco Substitutes

    30.11

       0.05

        0.17

   10.57

         35.10

UKRAINE

20.95

GERMANY

17.56

LITHUANIA

11.49

RUSSIA

10.62

NETHERLANDS

5.90

76

Aluminum And Articles Thereof

    24.76

           -   

            -   

   21.48

         86.75

RUSSIA

86.27

TURKEY

4.60

GREECE

3.55

BULGARIA

1.79

GERMANY

1.43

30

Pharmaceutical Products

    24.06

       0.23

        0.96

     4.26

         17.69

USA

44.33

RUSSIA

9.47

SWITZERLAND

6.69

UKRAINE

4.60

FRANCE

3.20

87

Vehicles, Other Than Railway Or Tramway

    23.63

           -   

            -   

   16.79

         71.04

RUSSIA

65.77

TURKEY

6.81

GERMANY

6.54

U.A.E

3.79

ITALY

3.24

17

Sugars And Sugar Confectionery

    18.51

           -   

            -   

     0.78

          4.20

BRAZIL

68.95

TURKEY

9.56

ITALY

6.99

BELGIUM

3.36

RUSSIA

2.66

15

Animal Or Vegetable Fats And Oils Fats; Animal Or Vegetable Waxes

    17.24

          -   

            -   

     0.66

          3.83

IRAN

78.10

BELGIUM

4.16

U.A.E

3.05

UKRAINE

2.61

SINGAPORE

1.70

2

Meat And Edible Meat Offal

    16.99

      2.36

      13.89

     0.88

          5.16

USA

35.72

U.A.E

15.92

INDIA

13.89

IRAN

9.32

BRAZIL

7.85

39

Plastics And Articles Thereof

    15.99

       0.14

        0.88

     1.34

          8.37

IRAN

26.59

TURKEY

9.48

GREECE

7.65

BULGARIA

6.82

U.A.E

6.10

48

Paper And Paperboard

    15.37

           -   

            -   

     3.14

         20.44

TURKEY

18.34

U.A.E

13.24

RUSSIA

13.15

IRAN

9.02

UKRAINE

6.5

72

Iron And Steel

    14.78

           -   

            -   

     8.93

         60.45

UKRAINE

51.75

TURKEY

22.58

IRAN

7.91

GEORGIA

5.07

U.A.E

2.82

90

Opt/ Photo/, Cinematographic, Medical /Surgical Instr & Parts

    12.44

       0.01

        0.08

     1.83

         14.69

USA

14.52

RUSSIA

13.60

GERMANY

11.26

SLOVAKIA

11.14

BR. VIRGIN ISDS

8.92

73

Articles Of Iron Or Steel

    10.48

       0.01

        0.10

     2.83

         26.96

UKRAINE

19.78

ITALY

15.01

FRANCE

12.76

TURKEY

12.09

IRAN

9.37

9

Coffee, Tea, Mate And Spices

 9.27

        0.04

    0.43

 0.07

 0.78

INDONESIA

48.22

VIET NAM

31.22

U.A.E

8.63

IRAN

3.81

SRI LANKA

2.79

70

Glass And Glassware

      9.25

            - 

            -   

     0.91

          9.85

BULGARIA

31.19

ITALY

23.98

IRAN

16.67

FRANCE

4.53

RUSSIA

4.44

63

Misc. Textile Articles

      8.40

            - 

            -   

     0.04

          0.45

USA

87.26

GERMANY

3.32

TURKEY

3.21

U.A.E

1.41

ITALY

0.73

TOP COMMODITIES OF COUNTRY'S EXPORTS TO INDIA (YR.2002)

Value in Million USD

Rank HS Code

Description

Global Exports

Export to India

India's %age share in total exports of
the Ctry
1 40 Rubber & articles thereof 5.179 0.291 5.62
2 30 Pharmaceutical Products 0.698 0.022 3.15

TOP PRODUCT GROUPS OF INDIA'S EXPORTS TO ARMENIA 

VALUE IN MILLION USD

HS Code

Commodity

India's Global Exports

India's Exports to Armenia

Armenia's %age share in India's Exports of the item

Rank in Top 20 of Global Imports of Armenia

2

Meat And Edible Meat Offal.

280.51

1.64

0.58

12

85

Electrical Machinery And Equipment

1455.33

0.19

0.013

5

30

Pharmaceutical Products

1400.78

0.17

0.01

8

39

Plastic And Articles Thereof.

1002.08

0.15

0.01

13

84

Machinery

1718.67

0.06

0.003

3

52

Cotton.

2202.38

0.05

0.002

-

48

Paper And Paperboard; Articles Thereof

251.08

0.04

0.02

14

55

Man-Made Staple Fibres.

607.42

0.04

0.01

-

3

Fish And Other Seafood

1397.51

0.03

0.002

-

9

Coffee, Tea, Mate And Spices.

687.55

0.03

0.004

18

99

Miscellaneous Goods.

1190.71

0.03

0.003

-

20

Preparations Of Vegetables, Fruit, Nuts Or Other Parts Of Plants.

63.01

0.02

0.03

-

40

Rubber And Articles Thereof.

528.18

0.02

0.00

-

29

Organic Chemicals

2105.56

0.01

0.0005

-

33

Essential Oils; Perfumery, Cosmetics

233.05

0.01

0.004

-

50

Silk

272.25

0.01

0.004

-

57

Carpets And Other Textile Floor Coverings.

617.91

0.01

0.002

-

62

Woven Apparel

3351.78

0.01

0.0003

-

70

Glass And Glassware.

174.13

0.01

0.01

19

90

Optical, Photographic Measuring, Medical Or Surgical Inst. And Apparatus Parts And Accessories Thereof;

365.66

0.01

0.003

16

   TRADE FAIRS & EXHIBITIONS SCHEDULED TO BE HELD IN ARMENIA

City / Location Event Name Date
Yerevan BUILD-EXPO YEREVAN
Building Expo 		10.09 - 13.09 2004
Yerevan COMP-EXPO YEREVAN
Computers & IT Technologies Exhibition 		10.09 - 13.09 2004
Yerevan EDUCATION AND CAREER
Education and Career Exhibition & Forum 		06.04 - 08.04 2004
Yerevan EXPO FOOD & DRINKS YEREVAN
Food & Drinks Exhibition 		10.09 - 13.09 2004
Yerevan HEALTH SERVICE & PHARMACY - EXPO YEREVAN
Health Service & Pharmacy Exhibition 		Sept. 2004
Yerevan INDUSTRIAL ARMENIA EXPO
Industrial Fair of Armenia 		10.09 - 13.09 2004
Yerevan INTER FURNITURE. DOORS & WINDOWS YEREVAN
Furniture, Doors & Windows Exhibition 		Jun-04
Yerevan POLYGRAPHY. PUBLISHING. ADVERTISEMENT. EXPO YEREVAN
Publishing & Advertising Exhibition 		10.09 - 13.09 2004
Yerevan TRANS-EXPO YEREVAN
Transport & Logistics Exhibition 		10.09 - 13.09 2004

USEFUL WEBSITES

www.armstat.am National Statistical Service of Republic of Armenia
http://www.armenia
foreignministry.com/		 General Information on Armenia, Country's
Constitution, Visa Regulations, Foreign
Missions in Armenia, Embassies & consulates
http://www.armenia.com/yellow.html  Database of Armenian businesses around the world the search results can be limited to business based only in Armenia. The entries can be searched by keyword, catagory, name, city, state etc.

KEY CONTACTS

Mr. Deepak Vohra, Ambassador
Embassy of India, 50/2, Dzorapi street, Yerevan,
Tel: 374-1-538288/539173 Fax: 374-1-533984/539170
Email:ambassador@embassyofindia.am 

Mr. Armen Baibourtian, Ambassador, Extraordinary & Plenipotentiary
Embassy of the Republic of Armenia,
133, Block -D, Anand Niketan, New Delhi-21
Tel: 91-11-24102851/52 Fax: 91-11-24102853
E-mail : armemb@vsnl.com