Armenia (ARM) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Armenia-Egypt Trade: In 2023, Armenia exported $73.8k to Egypt. The main products that Armenia exported to Egypt were Tractors ($14.6k), Rubberworking Machinery ($12.1k), and Electrical Control Boards ($8.7k). Over the past 5 years the exports of Armenia to Egypt have decreased at an annualized rate of 68.6%, from $24.1M in 2018 to $73.8k in 2023.

In 2023, Armenia did not export any services to Egypt.

Egypt-Armenia Trade: In 2023, Egypt exported $27.8M to Armenia. The main products that Egypt exported to Armenia were Video Displays ($11.5M), Office Machine Parts ($7.3M), and Citrus ($1.66M). Over the past 5 years the exports of Egypt to Armenia have increased at an annualized rate of 33.5%, from $6.55M in 2018 to $27.8M in 2023.

In 2023, Egypt 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, Egypt ranked 66 in the Economic Complexity Index (ECI -0.11), and 58 in total exports ($51.1B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $73.8k to Egypt. The main products exported from Armenia to Egypt were Tractors ($14.6k), Rubberworking Machinery ($12.1k), and Electrical Control Boards ($8.7k). During the last 5 years the exports of Armenia to Egypt have decreased at an annualized rate of 68.6%, from $24.1M in 2018 to $73.8k in 2023.

In 2018, Egypt exported $27.8M to Armenia. The main products exported from Egypt to Armenia were Video Displays ($11.5M), Office Machine Parts ($7.3M), and Citrus ($1.66M). During the last 5 years the exports of Egypt to Armenia have increased at an annualized rate of 33.5%, from $6.55M in 2023 to $27.8M in 2018.

Exports from Armenia () to Egypt () (2023)

Exports from Egypt () to Armenia () (2023)

Latest Data

Trade between Armenia () and Egypt ()

Armenia Exports

Date

Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Egypt
Top DestinationSaudi Arabia$5.31B

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

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

In 2023, countries that imported more from Egypt than Armenia included Saudi Arabia ($5.31B), Turkey ($4.63B), and Italy ($2.9B).

Difference in imports from Egypt () and Armenia () (2023)

Comparative Advantage Armenia - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Armenia had a large net trade with Egypt in the exports of Machines ($29k), Textiles ($18k), and Transportation ($17k).

During 2018, Egypt had a large net trade with Armenia in the exports of Machines ($19M), Vegetable Products ($3.66M), and Textiles ($1.46M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Egypt+$210kRolled Tobacco

Top Product Potential Egypt Armenia+$5.33MRefined Petroleum

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Egypt () (2023)

Exports from Egypt () to Armenia () (2023)

Latest Data

Trade between Armenia () and Egypt ()

Armenia Exports

Egypt Exports

Market Competitiveness

Difference in imports from Egypt () and Armenia () (2023)

Comparative Advantage Armenia - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Egypt () (2023)

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