Armenia: Manufactures exports (% of merchandise exports)

Key figures

What the numbers say

In 2025, Armenia's manufactures exports (% of merchandise exports) rose 15.05 percentage points on 2024 (from 29.55% to 44.6%).

Across the 25 yearly changes before that (2000 to 2024), the average change was −1.2 percentage points and a typical year strayed about 11.39 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

On record, the biggest yearly rise was 22.26 percentage points in 2002 and the biggest yearly fall was 19.99 percentage points in 2009. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is upward, about 2.97 percentage points a year. A straight line explains 54% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Armenia had the 58th highest value of the 103 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Armenia in the 2025 ranking

• Indonesia — 54th of 103: 47.43%
• Guatemala — 55th of 103: 45.24%
• Mauritius — 56th of 103: 45.14%
• Barbados — 58th of 103: 41.2%
• Canada — 59th of 103: 40.34%
• Myanmar — 60th of 103: 39.99%

What this measures

Manufactures comprise commodities in SITC (Rev. 3) sections 5 (chemicals), 6 (basic manufactures), 7 (machinery and transport equipment), and 8 (miscellaneous manufactured goods), excluding division 68 (non-ferrous metals). This indicator is expressed as a percentage of merchandise exports which is comprised of goods whose economic ownership is changed between a resident and a non-resident and that are not included in the following specific categories: goods under merchanting, non-monetary gold, and parts of travel, construction, and government goods and services n.i.e.

Limitations: Previous editions contained data based on the SITC revision 1. Data for earlier years in previous editions may differ because of the change in methodology. Concordance tables are available to convert data reported in one system to another.

Regional and income-group figures are computed by the World Bank as a weighted average.

All 28 values

Manufactures exports (% of merchandise exports) in nearby economies

• Albania — 54.06% (2024)
• Andorra — 91.53% (2025)
• Austria — 77.73% (2025)
• Azerbaijan — 5.33% (2025)
• Belarus — 38.43% (2021)
• Belgium — 69.37% (2025)
• Bosnia and Herzegovina — 72.15% (2025)
• Bulgaria — 54.27% (2025)
• Croatia — 63.54% (2025)
• Cyprus

More private sector & trade data for Armenia

• Merchandise trade (% of GDP) — 73.28% (2025)
• Merchandise imports (current US$) — US$13.04 billion (2025)
• Merchandise exports (current US$) — US$8.4 billion (2025)
• Insurance and financial services (% of commercial service imports) — 8.92% (2025)
• Computer, communications and other services (% of commercial service imports) — 14.5% (2025)
• Commercial service imports (current US$) — US$4.25 billion (2025)
• Transport services (% of commercial service imports) — 21.91% (2025)
• Travel services (% of commercial service imports) — 54.66% (2025)
• Commercial service exports (current US$) — US$6.04 billion (2025)

Reading data like this

• Where to find free public data, and how to check it before you trust it — 2 min read
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Questions people ask

What is Armenia's manufactures exports (% of merchandise exports)?

44.6% in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1997?

It is down 9.4 percentage points from 54% in 1997. The highest value was 71.52% in 2005 and the lowest 15.99% in 2015.

How does Armenia rank?

58th highest of 103 economies with data for 2025.

Is the latest change in manufactures exports (% of merchandise exports) unusual for Armenia?

In 2025, Armenia's manufactures exports (% of merchandise exports) rose 15.05 percentage points on 2024 (from 29.55% to 44.6%). Across the 25 yearly changes before that (2000 to 2024), the average change was −1.2 percentage points and a typical year strayed about 11.39 percentage points from that (the standard deviation). This year's change was 1.4 standard deviations above that average, so it was larger than a typical year, though not out of the range seen before.

Source

World Bank, World Development Indicators, indicator TX.VAL.MANF.ZS.UN, licensed CC BY 4.0. Original source: Comtrade database, United Nations (UN), publisher: UN Statistics Division; World Integrated Trade Solution system (WITS); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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