2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 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
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Armenia-Republic of the Congo Trade: In 2016, Armenia exported $174k to Republic of the Congo. The main products that Armenia exported to Republic of the Congo were N/A. Over the past 14 years the exports of Armenia to Republic of the Congo have increased at an annualized rate of 55.2%, from $370 in 2002 to $174k in 2016.

In 2016, Armenia did not export any services to Republic of the Congo.

Republic of the Congo-Armenia In N/A, Republic of the Congo did not export any products to Armenia.

In 2016, Republic of the Congo did not export any services to Armenia.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Armenia exported $174k to Republic of the Congo. There were not main exports from Armenia to Republic of the Congo in 2016. During the last 14 years the exports of Armenia to Republic of the Congo have increased at an annualized rate of 55.2%, from $370 in 2002 to $174k in 2016.

Republic of the Congo does not register exports to Armenia. The main products exported from Republic of the Congo to Armenia were Coffee ($172).

Exports from Armenia (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Armenia (Flag) (2022)

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Republic of the Congo
Top Destination
China$4.82B

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

In 2022, countries that imported more from Armenia than Republic of the Congo included Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

In 2022, countries that imported more from Republic of the Congo than Armenia included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

Difference in imports from Republic of the Congo (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Republic of the Congo

Flow
Scale

This chart compares trade between Armenia and Republic of the Congo by product, considering products traded by both, Armenia and Republic of the Congo.

During 2016, Armenia had a large net trade with Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Republic of the Congo+$1.68kCars
Top Product Potential Republic of the Congo Armenia+$2.18kGold

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Republic of the Congo (Flag) (2022)

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