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Pricing

2016
Flag → Flag
Exports $175kRnk 37 / 0
2016
Flag → Flag
Exports $143kRnk 59 / 107
2016
Flag → Flag
Top Product $141kDiamonds
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.73Rnk 128 / 132
2023
Flag  
GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP$15.3BCURRENT US$
Rnk 136 / 195
2013-2023
Flag
GDP GROWTH-14.7%CURRENT US$
Rnk 186 / 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$2,478CURRENT US$
Rnk 149 / 196
2013-2023
Flag
GDP PC GROWTH-33%CURRENT US$
Rnk 188 / 195

About

Armenia-Republic of the Congo Trade: In 2016, Armenia exported $175k 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 $175k in 2016.

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

Republic of the Congo-Armenia Trade: In 2016, Republic of the Congo exported $143k to Armenia. The main products that Republic of the Congo exported to Armenia were Diamonds ($141k), Veneer Sheets ($1.92k), and Knit Sweaters ($7). Over the past 14 years the exports of Republic of the Congo to Armenia have increased at an annualized rate of 18%,  from $62.6k in 2002 to $143k in 2016.

In 2016, Republic of the Congo 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, Republic of the Congo ranked 128 in the Economic Complexity Index (ECI -1.73), and 96 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2016, Armenia exported $175k 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 $175k in 2016.

In 2018, Republic of the Congo exported $143k to Armenia. The main products exported from Republic of the Congo to Armenia were Diamonds ($141k), Veneer Sheets ($1.92k), and Knit Sweaters ($7). During the last 5 years the exports of Republic of the Congo to Armenia have increased at an annualized rate of 18%, from $62.6k in 2023 to $143k in 2018.

Exports from Armenia (Flag) to Republic of the Congo (Flag) (2023)

Exports from Republic of the Congo (Flag) to Armenia (Flag) (2023)

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Republic of the Congo
Top DestinationChina$5.45B

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 2023, countries that imported more from Armenia than Republic of the Congo included Russia ($3.38B), Hong Kong ($669M), and Georgia ($340M).

In 2023, countries that imported more from Republic of the Congo than Armenia included China ($5.45B), Saudi Arabia ($644M), and India ($658M).

Difference in imports from Republic of the Congo (Flag) and Armenia (Flag) (2023)

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 .

During 2018, Republic of the Congo had a large net trade with Armenia in the exports of Precious Metals ($141k), Wood Products ($1.92k), and Textiles ($7).

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) (2023)

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