Sectorial Brochure Jewelry Sector of Armenia/ BA | Page 3
EXPORT
GOLD
2014
2017
16.6%
JEWELRY
(UNWROUGHT, SEMI MANUFACTURED
IN POWDER FORM) CONTAINING PRECIOUS METALS
+12.1% +106.2%
IN 2017
IN 2017
AVERAGE ANNUAL GROWTH
£ Constitutes 13% of Armenian total export
£ In 2017, the share of gold, diamonds and jewelry containing precious metals was
50.5%, 33%, and 12.4%, respectively in total jewelry exports
£ Export of jewelry, precious metals and precious stones was worth about
$291 million in 2017
£ 52.6% of Armenian jewelry, precious metals and precious stones were exported to
Switzerland in 2017
99.7% of gold (unwrought, semi-manufactured, in powder form) was exported to
Switzerland in 2017
Main export destinations in 2017
ARMENIAN JEWELRY INDUSTRY
EXPORT DESTINATIONS
52.6%
Switzerland
ARMENIAN DIAMONDS
EXPORT DESTINATIONS
Belgium
Russia 12.9% Russia
UAE 12.6% UAE
9.2%
Belgium
Thailand
3%
2.9% Thailand
USA
USA 2.7% Switzerland
1.3%
Israel 0.9%
Belarus
0.4%
27.2%
12.9%
8.7%
Canada
Canada
Turkmenistan
27.6%
Israel
8.3%
6.6%
5.7%
2.5%
Hong Kong 0.3%
Germany
0.1%
Source: Customs Service of RA
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