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2006
Flag → Flag
Exports $2.77MRnk 17 / 0
2006
Flag → Flag
Exports $10.6kRnk 76 / 114
2006
Flag → Flag
Top Product $9.51kHard Liquor
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag  
GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP$14.3BCURRENT US$
Rnk 139 / 195
2013-2023
Flag
GDP GROWTH37.9%CURRENT US$
Rnk 98 / 195
2023
Flag
GDP PC $8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC$35,897CURRENT US$
Rnk 36 / 196
2013-2023
Flag
GDP PC GROWTH30.9%CURRENT US$
Rnk 77 / 195

About

Armenia-Bahamas Trade: In 2006, Armenia exported $2.77M to Bahamas. The main products that Armenia exported to Bahamas were N/A. Over the past 5 years the exports of Armenia to Bahamas have increased at an annualized rate of 68.8%, from $202k in 2001 to $2.77M in 2006.

In 2006, Armenia did not export any services to Bahamas.

Bahamas-Armenia Trade: In 2006, Bahamas exported $10.6k to Armenia. The main products that Bahamas exported to Armenia were Hard Liquor ($9.51k) and Other Inedible Animal Products ($1.08k). Over the past 5 years the exports of Bahamas to Armenia have increased at an annualized rate of 77.8%,  from $596 in 2001 to $10.6k in 2006.

In 2006, Bahamas did not export any services to Armenia.

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). That same year, Bahamas ranked 139 in total exports ($3.01B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2006, Armenia exported $2.77M to Bahamas. There were not main exports from Armenia to Bahamas in 2006. During the last 5 years the exports of Armenia to Bahamas have increased at an annualized rate of 68.8%, from $202k in 2001 to $2.77M in 2006.

In 2018, Bahamas exported $10.6k to Armenia. The main products exported from Bahamas to Armenia were Hard Liquor ($9.51k) and Other Inedible Animal Products ($1.08k). During the last 5 years the exports of Bahamas to Armenia have increased at an annualized rate of 77.8%, from $596 in 2023 to $10.6k in 2018.

Exports from Armenia (Flag) to Bahamas (Flag) (2023)

Exports from Bahamas (Flag) to Armenia (Flag) (2023)

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Bahamas
Top DestinationUnited States$1.07B

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

In 2023, countries that imported more from Armenia than Bahamas included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Bahamas than Armenia included United States ($1.07B), Zimbabwe ($469M), and Cote d'Ivoire ($418M).

Difference in imports from Bahamas (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Bahamas

Flow
Scale

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

During 2006, Armenia had a large net trade with Bahamas in the exports of .

During 2018, Bahamas had a large net trade with Armenia in the exports of Foodstuffs ($9.51k) and Animal Products ($1.08k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Armenia and Bahamas. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Bahamas. Similarly, a dot/product with the flag of Bahamas indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Bahamas (Flag) (2023)

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