2022
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GDP
$19.5BCURRENT US$
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2012-2022
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GDP GROWTH
83.7%CURRENT US$
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2022
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 GDP
$301BCURRENT US$
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2012-2022
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GDP GROWTH
68.2%CURRENT US$
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2022
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GDP PC 
$7,014CURRENT US$
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2012-2022
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GDP PC GROWTH
92.5%CURRENT US$
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2022
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GDP PC
$15,892CURRENT US$
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2012-2022
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GDP PC GROWTH
77.9%CURRENT US$
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About

Armenia-Romania In 2022, Armenia exported $233k to Romania. The main products that Armenia exported to Romania are Hard Liquor ($105k), Rolled Tobacco ($45.1k), and Building Stone ($16.7k). During the last 27 years the exports of Armenia to Romania have increased at an annualized rate of 22.4%, from $1k in 1995 to $233k in 2022.

In 2022, Armenia did not export any services to Romania.

Romania-Armenia In 2022, Romania exported $24.7M to Armenia. The main products that Romania exported to Armenia were Soybean Meal ($3.28M), Planes, Helicopters, and/or Spacecraft ($3M), and Refined Petroleum ($1.91M). During the last 27 years the exports of Romania to Armenia have increased at an annualized rate of 9.8%, from $1.97M in 1995 to $24.7M in 2022.

In 2022, Romania did not export any services to Armenia.

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $233k to Romania. The main products exported from Armenia to Romania were Hard Liquor ($105k), Rolled Tobacco ($45.1k), and Building Stone ($16.7k). During the last 27 years the exports of Armenia to Romania have increased at an annualized rate of 22.4%, from $1k in 1995 to $233k in 2022.

In 2022, Romania exported $24.7M to Armenia. The main products exported from Romania to Armenia were Soybean Meal ($3.28M), Planes, Helicopters, and/or Spacecraft ($3M), and Refined Petroleum ($1.91M). During the last 27 years the exports of Romania to Armenia have increased at an annualized rate of 9.8%, from $1.97M in 1995 to $24.7M in 2022.

Exports from Armenia (Flag) to Romania (Flag) (2022)

Exports from Romania (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Romania (Flag)

Armenia Exports

Romania Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Romania
Top Destination
Germany$18.8B

This map shows whether countries import more from Armenia or Romania. Each country is colored based on the difference in imports they receive from Armenia and Romania or the difference in the growth in imports.

In 2021, countries that imported more from Armenia than Romania were Russia ($2.36B), Iraq ($250M), and Belarus ($74.6M).

In 2021, countries that imported more from Romania than Armenia were Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

Difference in imports from Romania (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Romania

Flow
Scale

This chart compares trade between Armenia and Romania by product, considering products traded by both, Armenia and Romania.

During 2022, Armenia had a large net trade with Romania in the exports of Foodstuffs ($150k), Machines ($21k), and Stone And Glass ($19.8k).

During 2022, Romania had a large net trade with Armenia in the exports of Chemical Products ($5.63M), Foodstuffs ($5.03M), and Machines ($3.74M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Romania. Similarly, the more yellow a dot/product is, the more Romania has comparative advantage over Armenia.

Product Space of Armenia (Flag) and Romania (Flag) (2022)

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