Armenia"s gemstone market, particularly in Spinel, presents intriguing trade dynamics. In 2024, the country imported 69,000 kg of precious or semi-precious stones valued at $7,590, while exporting a substantial 1,419,298. 89 kg worth $7,382,588. 30. This indicates Armenia"s role as a significant exporter, with export volumes considerably surpassing imports. Comparing 2024 to the previous year, imports included a modest 69493. 02 kg priced at $108,820. 30, suggesting a focus on high-value gemstones as seen in the smaller weight but higher value of certain imports.

Conversely, exports in 2024 reached a peak with a notable transaction of 46,816 kg valued at $6,701,797. 19, showcasing robust demand in international markets. Over the years, prices per kilogram for exports have shown an upward trend, highlighting Armenia"s enhanced market positioning and the premium quality of its gemstones. The strategic export of Spinel underscores the country"s increasing prominence in the global gemstone market. For businesses seeking to navigate Armenia"s Spinel sector, understanding these trade volumes and price trends is crucial. Platforms like Aritral. com offer invaluable services such as Product Listing, Direct Communication with suppliers, and AI-Powered Marketing, streamlining global sales assistance and profile management for enterprises aiming to tap into this market. "