Flag Armenia / Brazil Flag

2020
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Exports
: $94.6k, Rnk 75 / 117

2020
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Top Product
: $57.2k, Non-Knit Women's Coats

2020
FlagFlag
Exports
: $35.2M, Rnk 129 / 223

2020
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Top Product
: $16M, Raw Tobacco

2020
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Economic Complexity (ECI)
: ECI -0.37, Rnk 77 / 127

2020
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Economic Complexity (ECI)
: ECI 0.44, Rnk 47 / 127

2020
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GDP
: $12.6B, CURRENT US$
Rnk 133 / 204

2010-2020
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GDP GROWTH
: 36.5%, CURRENT US$
Rnk 84 / 204

2020
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 GDP
: $1.45T, CURRENT US$
Rnk 12 / 204

2010-2020
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GDP GROWTH
: -34.4%, CURRENT US$
Rnk 199 / 204

2020
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GDP PC 
: $4,266, CURRENT US$
Rnk 121 / 204

2010-2020
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GDP PC GROWTH
: 32.6%, CURRENT US$
Rnk 56 / 204

2020
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GDP PC
: $6,815, CURRENT US$
Rnk 100 / 204

2010-2020
Flag
GDP PC GROWTH
: -39.6%, CURRENT US$
Rnk 197 / 204

Armenia-Brazil In 2020, Armenia exported $94.6k to Brazil. The main products that Armenia exported to Brazil are Non-Knit Women's Coats ($57.2k), Non-Knit Men's Coats ($26.8k), and Non-Knit Women's Suits ($3.04k). During the last 25 years the exports of Armenia to Brazil have increased at an annualized rate of 6%, from $22k in 1995 to $94.6k in 2020.

In 2020, Armenia did not export any services to Brazil.

Brazil-Armenia In 2020, Brazil exported $35.2M to Armenia. The main products that Brazil exported to Armenia were Raw Tobacco ($16M), Raw Sugar ($8.72M), and Soybean Meal ($3.12M). During the last 25 years the exports of Brazil to Armenia have increased at an annualized rate of 19.9%, from $377k in 1995 to $35.2M in 2020.

In 2020, Brazil did not export any services to Armenia.

Comparison In 2020,  Armenia ranked 77 in the Economic Complexity Index (ECI -0.37), and 128 in total exports ($3.07B). That same year, Brazil ranked 47 in the Economic Complexity Index (ECI 0.44), and 25 in total exports ($214B).

Historical Data

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Bilateral Trade by Products

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Depth
Value

In 2020, Armenia exported $94.6k to Brazil. The main products exported from Armenia to Brazil were Non-Knit Women's Coats ($57.2k), Non-Knit Men's Coats ($26.8k), and Non-Knit Women's Suits ($3.04k). During the last 25 years the exports of Armenia to Brazil have increased at an annualized rate of 6%, from $22k in 1995 to $94.6k in 2020.

In 2020, Brazil exported $35.2M to Armenia. The main products exported from Brazil to Armenia were Raw Tobacco ($16M), Raw Sugar ($8.72M), and Soybean Meal ($3.12M). During the last 24 years the exports of Brazil to Armenia have increased at an annualized rate of 19.9%, from $377k in 1996 to $35.2M in 2020.

Armenia Exports

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Brazil Exports

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Market Competitiveness

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Measure

Armenia
Top Destination
: Russia, $671M

Brazil
Top Destination
: China, $67.9B

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

In 2019, countries that imported more from Armenia than Brazil were Bulgaria ($151M), Kyrgyzstan ($2.5M), and Tajikistan ($641k).

In 2019, countries that imported more from Brazil than Armenia were China ($67.9B), United States ($21.9B), and Argentina ($8.57B).

Comparative Advantage Armenia - Brazil

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Flow

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

During 2020, Armenia had a large net trade with Brazil in the exports of Textiles ($89.2k), Machines ($1.81k), and Instruments ($1.12k).

During 2020, Brazil had a large net trade with Armenia in the exports of Foodstuffs ($29M), Animal Products ($2.35M), and Machines ($1.68M).

Economic Complexity

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Competitive Landscape

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