ARMENIAN EXPORT AND OPPORTUNITIES FOR ITS EXPANSION WITHIN THE FRAMEWORK OF THE EAEU

Export promotion is one of the main directions of foreign economic policy in many countries of the world. However, countries cannot produce and export all goods. And government resources are not unlimited to stimulate the export of all goods. Therefore, you need to know in which areas of the economy the country has a comparative or competitive advantage for export to the markets of other countries. Stimulation the export of goods with comparative or competitive advantages may become the main goal of export promotion policy, because such mechanism of specialization provides the highest efficiency. For countries with small economies like Armenia, limited domestic demand cannot be the basis for long-term sustainable economic growth. Therefore, to ensure sustanable economic growth, external demand is of great importance, which in this case is almost unlimited. The article presents the implementation opportunities of revealed comparative advantages of RA exports within the Eurasian economic union. On the basis of the index RCA presented by Bela Balassa, are represented the groups of commodities for which the target markets may become the markets of EAEU members. For the article the statistical base were NSS RA and the WB statistical data.