Key Market Indicators
Armenia's import of artworks decreased by 38.7% in 2021, when compared to 2020. This brings the total value of imports to $72,620, down from $118,380 in 2020. This is a 28.5% drop from 2002. Armenia came in at number 116 on the list of countries, with Bolivia coming ahead of it with $72,620. The United Kingdom, Switzerland and the United Arab Emirates were respectively ranked 2nd, 3rd and 4th. Export of artworks from Armenia fell by 83.4% in 2019 when compared to 2018, reaching $4,410. This is a 12.2% decrease since 2004. Armenia ranked 113th on the list of countries, with Botswana coming ahead of it with $4,410. The United Kingdom, Switzerland and France were respectively listed 2nd, 3rd and 4th.
