• overview
  • strengths
  • Bilateral Agreements
  • bilateral trade
  • agencies
  • Indian Mission

US$ 12,100mn
FDI inflow in 2019

US$ 166.29mn

Bilateral trade in 2020-2021

1500
Overseas Indians living in Armenia

Concurrent Accreditation The Mission in Armenia also handles India's bilateral relations with Georgia

Information Technology,

agriculture and tourism are priority sectors

Textile

is an ancient and traditionally rich branch of Armenia's economy

Wine

Armenia is one of the oldest wine producing countries in the world

India's Exports and Imports to Armenia

Values in US $ Millions

S.No. \Year 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019
1 EXPORT 91.47 22.78 30.33 33.27 25.94
2 %Growth -75.09 33.11 9.69 -22.02
3 India’s Total Export 3,10,338.48 2,62,291.09 2,75,852.43 3,03,526.16 3,30,078.09
4 %Growth -15.48 5.17 10.03 8.75
5 %Share 0.03 0.01 0.01 0.01 0.01
6 IMPORT 0.82 14.04 1.05 0.65 0.91
7 %Growth 1,608.02 -92.5 -38.36 39.72
8 India’s Total Import 4,48,033.41 3,81,007.76 3,84,357.03 4,65,580.99 5,14,078.42
9 %Growth -14.96 0.88 21.13 10.42
10 %Share 0 0 0 0 0
11 TOTAL TRADE 92.29 36.82 31.38 33.91 26.85
12 %Growth -60.11 -14.78 8.08 -20.84
13 India’s Total Trade 7,58,371.89 6,43,298.84 6,60,209.46 7,69,107.15 8,44,156.51
14 %Growth -15.17 2.63 16.49 9.76
15 %Share 0.01 0.01 0 0 0
16 TRADE BALANCE 90.65 8.75 29.27 32.62 25.03
17 India’s Trade Balance -1,37,694.93 -1,18,716.67 -1,08,504.60 -1,62,054.83 -1,84,000.33

Chamber of Commerce and Industry of the Republic of Armenia

+374-2-560184

Visit Website

11 Khandjan str 375010 EREVAN Armenia

Invest India

+91-11-23048155

Visit Website

Vigyan Bhavan Annexe, Maulana Azad Road, New Delhi 110001

Embassy of India, Yerevan, Armenia

+374-10 539 173/174/175

Visit Website

50/2 Dzorapi Street, Yerevan-0019 (Armenia)

Opportunities

Agricultural exports

    Spirits obt. by distilling grape wine/grape marc (220820)
    Vodka (220860)

    agriexchange.apeda.gov.in

    Cuts & edible offal of species gallus domesticus, frozen (020714)

    agriexchange.apeda.gov.in

    Sugar confectionery other than chewing gum (incl. white chocolate), not con … (170490)

    agriexchange.apeda.gov.in

    Other wheat and meslin (100199)

    agriexchange.apeda.gov.in

    Chocolate & oth. food preps. cont. cocoa (excl. of 1806.20-1806.32) (180690)

    agriexchange.apeda.gov.in

    Butter (040510)

    agriexchange.apeda.gov.in

    Food preps., n.e.s. (210690)
    Othr edbl mxr/prpns of anml/vegtbl fats/ oils/of fractns of diffrnt fats/oils (151790)

    agriexchange.apeda.gov.in

    Other cane sugar: (170114)

    agriexchange.apeda.gov.in

    Fish preparations; sardines, sardinella and brisling or sprats prepared or preserved, whole
    or in pleces (but not minced)
    (160413)
    Fish; dried, whether or not salted but not smoked, other than edible
    jsh offal other than cod (Gadus morhua, Gadus ogac, Gadus macrocephalus) (030559)
    Fish; fresh or chilled, Atlantic salmon
    (Salmo salar) and Danube salmon (Hucho
    hucho), excluding fillets, Iivers, roes, and
    other fish meat of heading 0304
    (030214)
    Fish; frozen, hake (Merluccius spp., Urophycis
    pp.), excluding fillets, livers, roes and
    ther fish meat of heading 0304
    030366)
    Fish; frozen, mackerel (Scomber scombrus, Scomber
    australasicus, Scomber japonicus), excluding fillets, livers, roes, and other fish meat of
    heading 0304 (030354)

    fishexchange.mpeda.gov.in
Minerals

priority sectors

Here are the leading sectors of opportunities for foreign investors

Top Import/ Export Items

India's top import from Armenia
  • Non-ferrous metals
  • Raw rubber
India's top export to Armenia
  • Bovine meat
  • Agricultural products
  • Electronics
  • Diamonds
  • Optical equipment
  • Plastics
  • Pharmaceuticals
  • Cosmetics
  • Garments
  • Chemical goods
  • Automobiles
  • Optical equipment

Bilateral Investors

Country News