2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$8.14BCURRENT US$
Rnk 153 / 195
2013-2023
Flag
GDP GROWTH
25.9%CURRENT US$
Rnk 123 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$125,842CURRENT US$
Rnk 3 / 196
2013-2023
Flag
GDP PC GROWTH
23.7%CURRENT US$
Rnk 91 / 195

About

In N/A, Armenia did not export any services to Bermuda.

Bermuda-Armenia In N/A, Bermuda did not export any products to Armenia.

In N/A, Bermuda 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, Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to Bermuda. The main products exported from Armenia to Bermuda were Aluminium Structures ($240k), Monofilament ($322), and Rubber Sheets ($309).

Bermuda does not register exports to Armenia. The main products exported from Bermuda to Armenia were Hard Liquor ($3.14k).

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

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

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Bermuda
Top Destination
Germany$101M

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

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

In 2023, countries that imported more from Bermuda than Armenia included South Africa ($96.3M), Angola ($4.49M), and Zambia ($1.45M).

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

Comparative Advantage Armenia - Bermuda

Flow
Scale

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

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with