2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Armenia-Algeria Trade: In 2021, Armenia exported $9.11k to Algeria. The main products that Armenia exported to Algeria were N/A. Over the past 8 years the exports of Armenia to Algeria have increased at an annualized rate of 50.1%, from $353 in 2013 to $9.11k in 2021.

In 2021, Armenia did not export any services to Algeria.

Algeria-Armenia Trade: In 2021, Algeria exported $178k to Armenia. The main products that Algeria exported to Armenia were Hydrogen ($109k), Tropical Fruits ($67.6k), and Baked Goods ($1.57k). Over the past 8 years the exports of Algeria to Armenia have increased at an annualized rate of 169%,  from $1.28k in 2013 to $178k in 2021.

In 2021, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Armenia exported $9.11k to Algeria. There were not main exports from Armenia to Algeria in 2021. During the last 8 years the exports of Armenia to Algeria have increased at an annualized rate of 50.1%, from $353 in 2013 to $9.11k in 2021.

In 2017, Algeria exported $178k to Armenia. The main products exported from Algeria to Armenia were Hydrogen ($109k), Tropical Fruits ($67.6k), and Baked Goods ($1.57k). During the last 5 years the exports of Algeria to Armenia have increased at an annualized rate of 169%, from $1.28k in 2022 to $178k in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Algeria (Flag)

Armenia Exports

Algeria Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Armenia than Algeria included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2022, countries that imported more from Algeria than Armenia included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Armenia - Algeria

Flow
Scale

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

During 2021, Armenia had a large net trade with Algeria in the exports of .

During 2017, Algeria had a large net trade with Armenia in the exports of Chemical Products ($109k), Vegetable Products ($67.6k), and Foodstuffs ($1.57k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Algeria+$3.35kCars
Top Product Potential Algeria Armenia+$57.9kTropical Fruits

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 Algeria. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Armenia.

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

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