Trade balance of goods in the Caucasus countries 2022
The statistic shows the trade balance of goods (exports minus imports of goods) in the Caucasus countries in Asia from 2012 to 2022. Caucasus stands for the mountain range between the Black Sea and the Caspian Sea, encompassing areas in Armenia, Azerbaijan, Georgia, and Russia. A positive value means a trade surplus, a negative trade balance means a trade deficit. In 2022, the trade deficit of goods in Armenia amounted to about 3.41 billion U.S. dollars.