exports
How Exchange Rates Impact Global Trade
Exchange rates play a pivotal role in shaping global trade dynamics by influencing export competitiveness, trade balances, and economic growth. This article explores how currency fluctuations impact businesses, industries, and economies worldwide.
Mongolia Opens Its Market to Armenia: New Export Opportunities
Mongolia has officially opened its market to Armenia through a temporary trade agreement between the Eurasian Economic Union (EAEU) and Mongolia. On December 5, Armenia’s government approved the agreement, which aims to significantly reduce customs duties and boost export volumes.…
Armenia’s Position in Global Export Rankings: 2023 Results and Analysis
According to the latest data from the World’s Top Exports portal, global exports reached a record $23.27 trillion in 2023, marking a 24% increase compared to 2019. Against this backdrop, Armenia secured the 104th position with exports totaling $8.37 billion.…
