Armenia Balance of Trade
A landlocked country with boundary disputes with both Turkey and Azerbaijan to the west and east, Armenia's external trade is severely restricted. As a result, Armenia typically has large trade imbalances. Metals and precious stones, which are followed by energy, beverages, vegetables and fruit, and then textiles and clothing are Armenia's primary exports. Oil, natural gas, grains, rubber products, cork, and wood, as well as electrical apparatus and equipment, are the country's main imports. Russia, Germany, Iran, the United States, China, Ukraine, and Turkey are Armenia's largest trading partners.
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Apple To Use US-made Microchips From TSMC's New Arizona Factory
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