Key Market Indicators
Armenia's export of electrical equipment is set to reach $16 million by 2026. This is a 0.6% increase from the current year's $15.3 million. The country has seen a 2.7% average annual rise since 2002. Madagascar leads in 2021 with $15.3 million, while South Korea, the United States and Germany come in 2nd, 3rd and 4th respectively. Imports of electrical equipment from Armenia is expected to reach $477 million in 2026. This is a 3.1% increase from the current year's $396 million. The country has experienced an average of 12.3% annual growth since 2002. Namibia currently tops the 2021 list with $396 million, with the United States, Germany and Singapore following in 2nd, 3rd and 4th place.
