Armenia is a landlocked country located in the South Caucasus region of Eurasia, bordered by Turkey, Georgia, Azerbaijan, and Iran. Yerevan is the capital and largest city of Armenia, serving as its economic and cultural heart. As per 2024 projections, Armenia's GDP is expected to reach around USD 21.6 billion. According to Armenia Import Data, Armenia ranks 126th in the world in terms of import volume. Russia remains Armenia's top exporting partner. The total import value of Armenia in 2024 is estimated at approximately USD 9.8 billion. Among all imported goods, refined petroleum stands out as the most imported product by value.
Through established overland connections, Armenia maintains vibrant commercial links despite its size and lack of direct sea access. As per Armenia Customs Data, the nation's growing infrastructure, industrial demand, and consumer demands are all reflected in its import portfolio. By establishing logistical routes through neighboring nations, strategic alliances and regional accords have enabled Armenia to increase its access to imported products.