2022
Flag  
GDP
$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH
32%CURRENT US$
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2022
Flag
 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 PC 
$53,758CURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP PC GROWTH
21.1%CURRENT US$
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2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

United Arab Emirates-Armenia In 2022, United Arab Emirates exported $2.08B to Armenia. The main products that United Arab Emirates exported to Armenia are Documents of title (bonds etc) and unused stamps ($1.45B), Broadcasting Equipment ($223M), and Cars ($149M). During the last 25 years the exports of United Arab Emirates to Armenia have increased at an annualized rate of 17.5%, from $36.6M in 1997 to $2.08B in 2022.

In 2022, United Arab Emirates did not export any services to Armenia.

Armenia-United Arab Emirates In 2022, Armenia exported $535M to United Arab Emirates. The main products that Armenia exported to United Arab Emirates were Gold ($256M), Diamonds ($196M), and Jewellery ($45.8M). During the last 25 years the exports of Armenia to United Arab Emirates have increased at an annualized rate of 23.2%, from $2.88M in 1997 to $535M in 2022.

In 2022, Armenia did not export any services to United Arab Emirates.

Comparison In 2022,  United Arab Emirates ranked 54 in the Economic Complexity Index (ECI 0.15), and 18 in total exports ($402B). That same year, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $2.08B to Armenia. The main products exported from United Arab Emirates to Armenia were Documents of title (bonds etc) and unused stamps ($1.45B), Broadcasting Equipment ($223M), and Cars ($149M). During the last 25 years the exports of United Arab Emirates to Armenia have increased at an annualized rate of 17.5%, from $36.6M in 1997 to $2.08B in 2022.

In 2022, Armenia exported $535M to United Arab Emirates. The main products exported from Armenia to United Arab Emirates were Gold ($256M), Diamonds ($196M), and Jewellery ($45.8M). During the last 25 years the exports of Armenia to United Arab Emirates have increased at an annualized rate of 23.2%, from $2.88M in 1997 to $535M in 2022.

Exports from United Arab Emirates (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Armenia (Flag)

United Arab Emirates Exports

Armenia Exports

Market Competitiveness

Color
United Arab Emirates
Top Destination
India$51B
Armenia
Top Destination
Russia$2.36B

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

In 2021, countries that imported more from United Arab Emirates than Armenia were India ($51B), Japan ($40.9B), and China ($32.5B).

In 2021, countries that imported more from Armenia than United Arab Emirates were Bulgaria ($210M).

Difference in imports from Armenia (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Armenia

Flow
Scale

This chart compares trade between United Arab Emirates and Armenia by product, considering products traded by both, United Arab Emirates and Armenia.

During 2022, United Arab Emirates had a large net trade with Armenia in the exports of Paper Goods ($1.45B), Machines ($367M), and Transportation ($167M).

During 2022, Armenia had a large net trade with United Arab Emirates in the exports of Precious Metals ($498M), Foodstuffs ($27.6M), and Transportation ($3.82M).

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 United Arab Emirates has comparative advantage over Armenia. Similarly, the more yellow a dot/product is, the more Armenia has comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Armenia (Flag) (2022)

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