Trade

The sector of wholesale and retail trade is one of the important sectors of the Armenian economy. It provides 11.2% of the RA GDP and 12% of employment. The trade sector is also one of the sectors where Armenian enterprises are mainly concentrated. Armenia is an importing country. Armenia's imports are twice as much as its exports. The country mainly imports natural gas (9%), oil and petroleum products (7%), medicines, machinery and equipment. Armenia exports mainly economically uncomplicated products with low added value, in particular mineral products (32% of merchandise exports), other main exported goods are alcoholic beverages, tobacco, gold sand, etc., which are the main exported goods.