Armenia's industrial sector contributes 45% to the GDP. Agriculture, IT sector, Electronics and Precision Engineering, Mining, Chemical and Pharmaceuticals, Jewelry and Diamonds processing, Textile and Clothing constitute the main industries.
Armenia's IT sector receives significant attention as a possible growth industry. It currently employs between 3,500 and 4,000 people. Besides, productivity is high and wages low in comparison with Europe and the USA, and the level of education is quite high, thus making this sector quite competitive.
The clothing sector shows also great prospects. Cheap labor, existing factories and a positive trade regime (including free access to CIS markets) create favorable conditions for investment in light industries like textiles, carpets, footwear and apparel.
Construction has been the leading sector of the economy for the past six years. The sector accounts for 26% of the country's GDP. Growth in construction is mainly driven by an increased demand for higher quality housing funded primarily by remittances. Diaspora Armenians seeking a base in Armenia have also significantly contributed to the sector's demand.
1 professional associations listed for Armenia.
Upcoming Trade shows in Armenia
October 20th, 2023
Agriculture - Viticulture - Fisheries, aquaculture, fish farming - Food industry - Food industry: unspecified - Alcoholic drinks - Non-alcoholic drinks - Bakery, pastry, confectionery - Cereals, spices, tobacco - Fruits and vegetables - Dry groceries, packaged goods - Dairy products - Fish and seafood - Meat and poultry - Wines, spirits - Machine tools, agricultural machinery - Packaging, packing, conditioning - Products and services for weddings - Hotels, accommodation - Restaurants, home deliveries - Cafes, bars, nightclubs
October 28th, 2023
Chemistry, pharmacy - Hygiene, perfumes, cosmetics - Pharmaceutical industry: products, laboratories - Health, medicine - Medical professions - Paramedic - Hospital - Pharmacies, analysis laboratories - Dental - Hydrotherapy, thalassotherapy - Medical Equipment - Technique and technology - Gardens, parks - Products and services for seniors
March 15th, 2024
Land planning, urban planning - Construction, public works - Masonry, carpentry, pipework - Waterproofing, roofing, plumbing, carpentry - Painting, door and window frames, wall and floor coverings - Electrical installations - Heating, air conditioning, ventilation - Sanitary equipment, kitchen, swimming pool - Machine tools, agricultural machinery - Robotics
April 10th, 2024
Education, training - Primary and secondary education - Higher Education - Learning - Technical education, vocational education - Vocational training - Social science - Social studies - Recruitment, temporary employment, outplacement - Job training, unemployment
May 17th, 2024
Viticulture - Food industry - Food industry: unspecified - Alcoholic drinks - Non-alcoholic drinks - Bakery, pastry, confectionery - Cereals, spices, tobacco - Fruits and vegetables - Dry groceries, packaged goods - Dairy products - Fish and seafood - Meat and poultry - Wines, spirits - Products and services for weddings - Hotels, accommodation - Restaurants, home deliveries - Cafes, bars, nightclubs
September 1st, 2024
Construction, real estate, architecture and urban planning - Architecture - Land planning, urban planning - Construction, public works - Masonry, carpentry, pipework - Waterproofing, roofing, plumbing, carpentry - Painting, door and window frames, wall and floor coverings - Electrical installations - Heating, air conditioning, ventilation - Sanitary equipment, kitchen, swimming pool - Real estate - Communication - Marketing - Advertising - Sponsorship - Incentive - Furnishings, household equipment and arts - Furnishings - Household equipment - Automobiles, lorries - Automobile manufacturing, lorries - Automobile subcontracting, lorries - Cycles, motorcycles - Railway construction - Edition, graphic art, printing and reproduction - Graphic art, desktop publishing - Printing, reproduction - Mail, stamps, cards - Iconography, various prints - Networks - Telecommunications - Paramedic - Hydrotherapy, thalassotherapy - Gardens, parks - Maritime transport, river transport, cruises - Road transport - Rail transport - Logistics, handling - Delivery, express courier - Corporate fleets - Freight - Tourism, travel, hotels, restaurants: non-specialist - Monuments, tourist attractions - Products and services for seniors - e-commerce
September 1st, 2024
Construction, public works - Masonry, carpentry, pipework - Waterproofing, roofing, plumbing, carpentry - Painting, door and window frames, wall and floor coverings - Electrical installations - Heating, air conditioning, ventilation - Sanitary equipment, kitchen, swimming pool - Machine tools, agricultural machinery - Robotics
September 1st, 2024
Viticulture - Food industry - Food industry: unspecified - Alcoholic drinks - Non-alcoholic drinks - Bakery, pastry, confectionery - Cereals, spices, tobacco - Fruits and vegetables - Dry groceries, packaged goods - Dairy products - Fish and seafood - Meat and poultry - Wines, spirits - Packaging, packing, conditioning - Products and services for weddings - Hotels, accommodation - Restaurants, home deliveries - Cafes, bars, nightclubs
September 1st, 2024
Transportation, logistics, handling - Air transport, airports - Maritime transport, river transport, cruises - Road transport - Rail transport - Logistics, handling - Freight
To see 40 more, check out our Trade shows database
Armenia: Buying and Selling
