2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186

About

Armenia-Brazil In 2022, Armenia exported $598k to Brazil. The main products that Armenia exported to Brazil are Gas Turbines ($285k), Non-Knit Women's Coats ($168k), and Non-Knit Men's Coats ($91.3k). During the last 27 years the exports of Armenia to Brazil have increased at an annualized rate of 13%, from $22.2k in 1995 to $598k in 2022.

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

Brazil-Armenia In 2022, Brazil exported $55.1M to Armenia. The main products that Brazil exported to Armenia were Raw Sugar ($34.9M), Poultry Meat ($3.11M), and Pig Meat ($3M). During the last 27 years the exports of Brazil to Armenia have increased at an annualized rate of 20.3%, from $377k in 1995 to $55.1M in 2022.

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

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Brazil ranked 49 in the Economic Complexity Index (ECI 0.29), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $598k to Brazil. The main products exported from Armenia to Brazil were Gas Turbines ($285k), Non-Knit Women's Coats ($168k), and Non-Knit Men's Coats ($91.3k). During the last 27 years the exports of Armenia to Brazil have increased at an annualized rate of 13%, from $22.2k in 1995 to $598k in 2022.

In 2022, Brazil exported $55.1M to Armenia. The main products exported from Brazil to Armenia were Raw Sugar ($34.9M), Poultry Meat ($3.11M), and Pig Meat ($3M). During the last 26 years the exports of Brazil to Armenia have increased at an annualized rate of 20.3%, from $377k in 1996 to $55.1M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Brazil (Flag)

Armenia Exports

Brazil Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Brazil
Top Destination
China$90.1B

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 2021, countries that imported more from Armenia than Brazil were Russia ($2.36B), Belarus ($74.6M), and Turkmenistan ($15.5M).

In 2021, countries that imported more from Brazil than Armenia were China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

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

Comparative Advantage Armenia - Brazil

Flow
Scale

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

During 2022, Armenia had a large net trade with Brazil in the exports of Machines ($290k), Textiles ($264k), and Instruments ($21.1k).

During 2022, Brazil had a large net trade with Armenia in the exports of Foodstuffs ($41.1M), Animal Products ($7.46M), and Machines ($2.64M).

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

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

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