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As far as I know my dear friend, Armenia's biggest trade partner on that particular geographical zone is Iran. I have travelled to this country in summer 2006, forced to come back to Iran by bus, a chain of trucks and tanks were transporting consumer goods to Armenia. My studies showed that oil & petroleum, chemical materials and simple industrial products are heavily exported to Armenia as well as wheat and some major nutrition elements. The truth is that Armenia has limited Natural Resources, while trade between Armenia and its other neighbors (Turkey & Azerbaijan) is limited due to former and historical conflicts. It seems that Armenia will have a bright future, since Armenians are hard working people that are eager to improve and be a developed country rather than developing one! I'm not sure about any major agreement, but since one of the major exports martial of Armenia is alcoholic beverages, I assume there is not a balanced export/import ratio between these countries!
Wiki User
∙ 16y ago
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