Discussion: Russia's Economy is More Dependent on Armenia
11 September 2023 Aghasi Tavadyan
Economy Armenia

Discussion: Russia's Economy is More Dependent on Armenia

Re-exports Russia Trade 3 min read

This week, I first want to share my interview given to 1in.am. This material has already been viewed by 15,000 people.

The following pressing topics were discussed:

  • Azerbaijan’s proposal to improve Armenia’s economy.
  • The actual role of politicians in the economy.
  • To what extent is Russia dependent on the Armenian economy.
  • Armenia’s true re-export percentage, changes in exports.
  • Erdogan’s economic “genius” and how it might impact Armenia’s economy.

Armenia’s Re-exports

As seen from the chart, by the end of April 2023, re-exports over a 12-month period had already reached 35.9%. This calculation was performed using our developed methodology. Total exports at that point had already reached $6.4 billion, of which $2.3 billion was estimated as re-exports according to our methodology.

Below is the re-export chart:

Some Important Changes in the Newsletter

You may have noticed editorial changes in this week’s newsletter. From now on, weekly messages will be written not with Microsoft Word, but with Markdown and LaTeX programs.

This will allow for automatic synchronization of calculations, code, and most importantly, databases. This step will also enable automatic synchronization of the content written here with tvyal.com and other websites in the future.

This week’s calculations and databases, as well as the re-export calculation databases, are available via the following link. These databases include calculated re-export data for all 6-digit HS codes.

English Summary

This week, I first want to share my interview given to 1in.am. This material has already been viewed by 15,000 people. The following pressing topics were discussed: Azerbaijan’s proposal to improve Armenia’s economy, the actual role of politicians in the economy, to what extent Russia is dependent on the Armenian economy, Armenia’s true re-export percentage, changes in exports, and Erdogan’s economic “genius” and how it might impact Armenia’s economy.

As seen from the chart, by the end of April 2023, re-exports over a 12-month period had already reached 35.9%. This calculation was performed using our developed methodology. Total exports at that point had already reached $6.4 billion, of which $2.3 billion was estimated as re-exports according to our methodology. Below is the re-export chart:

You may have noticed editorial changes in this week’s newsletter. From now on, weekly messages will be written not with Microsoft Word, but with Markdown and LaTeX programs. This will allow for automatic synchronization of calculations, code, and most importantly, databases. This step will also enable automatic synchronization of the content written here with tvyal.com and other websites in the future. This week’s calculations and databases, as well as the re-export calculation databases, are available via the following link. These databases include calculated re-export data for all 6-digit HS codes.

Citation

Tavadyan, A. (2023, September 11). Discussion: Russia's Economy is More Dependent on Armenia. Tvyal Newsletter. https://tvyal.com/newsletter/en/2023/2023-09-11/

Analysis code available on GitHub.

Contents

  • Armenia’s Re-exports
  • Some Important Changes in the Newsletter
  • English Summary

Related

Gold Fever: Half of Armenia's Exports are Re-exports Apr 2024
Gold Fever Continued: 75% of Armenia's Exports are Gold and Diamonds May 2024
The Death of Armenia's 'Auto Industry' Jan 2024
Analysis of RA Trade Turnover Nov 2023
Golden Illusion: The Real Picture of Armenia's Exports Feb 2025
Golden Illusion: The Real Picture of Armenia's Exports Sep 2024

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