Ores and metals exports (% of merchandise exports) — all countries

Ores and metals exports (% of merchandise exports) — Armenia

Ores and metals exports (% of merchandise exports) in Armenia in 2024 — 16.15%. Ranked 17 in the world out of 130. Since 1997, the indicator has fallen by 9.96 pp.

2024 16.15% +1.43 pp vs 2023
World rank 17of 130
Period maximum 50.78%2010
Period minimum 9.41%2005

Trend over time

1997–2024 · % of merchandise exports

Ores and metals exports (% of merchandise exports) — Armenia, 1997–2024020406019972000200320062009201220152018202120241997: 26.11%1999: 12.74%2000: 25.76%2001: 27.42%2002: 14.45%2003: 19.21%2004: 21.29%2005: 9.41%2006: 23.54%2007: 31.46%2008: 28.55%2009: 44.09%2010: 50.78%2011: 47.37%2012: 40.22%2013: 37.48%2014: 35.23%2015: 40.98%2016: 34.67%2017: 39.45%2018: 33.91%2019: 36.14%2020: 36.82%2021: 39.65%2022: 21.86%2023: 14.71%2024: 16.15%
Change over the period: −9.96 pp Annual average: -0.37 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Armenia

Armenia 16.15%
World 4.02%
Western Asia computed 4.65%
Ores and metals exports (% of merchandise exports) — Armenia, by year Armenia All countries CSV XLSX
Year % Change, pp
2024 16.15 +1.43 pp
2023 14.71 −7.15 pp
2022 21.86 −17.79 pp
2021 39.65 +2.83 pp
2020 36.82 +0.68 pp
2019 36.14 +2.24 pp
2018 33.91 −5.54 pp
2017 39.45 +4.78 pp
2016 34.67 −6.31 pp
2015 40.98 +5.75 pp
2014 35.23 −2.25 pp
2013 37.48 −2.74 pp
2012 40.22 −7.15 pp
2011 47.37 −3.41 pp
2010 50.78 +6.69 pp
2009 44.09 +15.54 pp
2008 28.55 −2.91 pp
2007 31.46 +7.92 pp
2006 23.54 +14.13 pp
2005 9.41 −11.88 pp
2004 21.29 +2.07 pp
2003 19.21 +4.77 pp
2002 14.45 −12.98 pp
2001 27.42 +1.67 pp
2000 25.76 +13.02 pp
1999 12.74
1997 26.11

About the indicator

The share of ores, concentrates, non-ferrous and ferrous metals in merchandise exports. This is the second measure of commodity dependence after fuel, and the difference between them is meaningful: fuel is burned while metal stays in circulation, so a metallurgical specialization is more robust than an oil one to the shift to renewable energy — and demand for copper, lithium and nickel is exactly what that shift raises.

Important: Ores and metals together, with no split between raw material and processing: a country exporting concentrate and a country exporting rolled steel look the same by this indicator.

Source: UNCTADstat (UNCTAD), license CC BY 3.0 IGO.