Armenia is ranked 59th in the World Economic Forum’s Global Enabling Trade Report 2012. Armenia registered regress as compared with the report issued in 2010 when it was 52nd.

The report on 132 states focuses on measuring whether economies have in place the necessary attributes for enabling trade and where improvements are most needed.

Enabling Trade Index is calculated based on four factors: market access, border administration, transport and communications infrastructure, business environment.

The most problematic factors for Armenia’s trade are burdensome import procedures, corruption at the border and others.

Singapore topped the index, followed by Hong Kong SAR. Denmark and Sweden, placing third and fourth, respectively, showed excellent performance based on their strong business environments, efficient border administrations and highly developed infrastructures. 

Armenia left behind many CIS states, including Azerbaijan which is ranked 81 and Russia – 112.  Georgia is ranked 38.