Exporting goods from Armenia can be a great opportunity for businesses looking to expand their customer base and increase sales. Armenia has a number of products that are in demand globally, such as wine, brandy, mineral water, fruits and vegetables, and textiles. Generally, there are three stages of the process of exportation namely; export registration and license procedure, customs, and documents required. The first step is to obtain an export permit or license by registering the company for export, only if the type of goods to be exported need to be cleared before delivery. The company should ensure the exporting goods meet both countries’ standards of the Ministry of Finance and Trade and industry. For export documentation, exporters have to collect the required documents from their supplier (s) and then submit them to the clearing agent for customs clearance. 

Steps to exporting out of the country

Here are some steps you can follow to export goods from Armenia:

Identify the product and market

Start by identifying the product you want to export and the market you want to sell it in. Research the market to understand the demand for the product, any regulations or restrictions, and the competition.

Obtain necessary licenses and permits: Once you have identified the product and market, you need to obtain all necessary licenses and permits required for exporting your product. Contact the relevant government agencies or trade associations in the country for guidance.

Find a buyer

Search for potential buyers in the target market. This can be done through online platforms, trade shows, or by working with a local agent.

Secure payment

Ensure that you have a secure payment method in place before exporting your goods. You can use a letter of credit, advance payment, or open an account depending on your agreement with the buyer.

Arrange for logistics

Once you have secured a buyer and payment method, arrange for logistics to transport your goods from the nation to the target market. This includes choosing a shipping method, arranging for customs clearance, and ensuring that the goods are properly packaged and labeled.

Export the goods

Once all the necessary steps have been taken, you can export the goods to the target market.

The process of exportation

An exporter should ensure that all export documents required to deliver the goods through the port clear customs, satisfy compliance and regulation, etc. are accurate and submitted. Knowing the right documents to prepare is important for a simple export procedure. Generally, there are three stages of the process of exportation namely; export registration and license procedure, customs, and documents required. The first step is to obtain an export permit or license by registering the company for export, only if the type of goods to be exported need to be cleared before delivery. The company should ensure the exporting goods meet both countries’ standards of the Ministry of Finance and Trade and industry. It is important to note that the process of exporting goods from Armenia can be complex and may vary depending on the product and market. It is advisable to seek the services of a freight forwarder or export agent who can help you navigate the process. Also, make sure to comply with all relevant laws and regulations to avoid any legal issues.

Required documents to submit

Aside from the basic documents, the documents required for exportation depend on the product, trade agreements between countries, and the trade policies of the nation. The following are some of the documents required for customs clearance when exporting goods out of the country:

• Customs entry document
• Customs bond
• Legal Undertaking
• Export license
• Purchase order
• Certificate of origin
• Insurance certificate
• Bill of lading
• Customs duties
• Statistical tax
• Transit documents
• Fiscal Import tax, etc.