Armenia - Transport services exports

Transport services (% of commercial service exports)

The value for Transport services (% of commercial service exports) in Armenia was 21.68 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 53.45 in 1995 and a minimum value of 11.02 in 2015.

Definition: Transport services (% of commercial service exports) covers all transport services (sea, air, land, internal waterway, space, and pipeline) performed by residents of one economy for those of another and involving the carriage of passengers, movement of goods (freight), rental of carriers with crew, and related support and auxiliary services. Excluded are freight insurance, which is included in insurance services; goods procured in ports by nonresident carriers and repairs of transport equipment, which are included in goods; repairs of railway facilities, harbors, and airfield facilities, which are included in construction services; and rental of carriers without crew, which is included in other services.

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

See also:

Year Value
1994 29.11
1995 53.45
1996 48.15
1997 51.37
1998 43.76
1999 40.12
2000 48.44
2001 38.81
2002 35.09
2003 29.78
2004 22.09
2005 22.13
2006 17.71
2007 17.55
2008 16.52
2009 13.77
2010 15.43
2011 13.75
2012 12.63
2013 11.49
2014 11.40
2015 11.02
2016 11.51
2017 11.69
2018 11.79
2019 11.48
2020 21.68

Classification

Topic: Private Sector & Trade Indicators

Sub-Topic: Exports