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
$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH
193%CURRENT US$
Rnk 3 / 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
$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH
124%CURRENT US$
Rnk 4 / 186

About

Armenia-Ethiopia In 2021, Armenia exported $3.78k to Ethiopia. The main products that Armenia exported to Ethiopia are N/A. During the last 16 years the exports of Armenia to Ethiopia have increased at an annualized rate of 3.71%, from $2.11k in 2005 to $3.78k in 2021.

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

Ethiopia-Armenia In 2021, Ethiopia exported $1.05M to Armenia. The main products that Ethiopia exported to Armenia were Coffee ($1.02M), Knit Sweaters ($15.8k), and Non-Knit Women's Suits ($5.02k). During the last 16 years the exports of Ethiopia to Armenia have increased at an annualized rate of 46%, from $2.46k in 2005 to $1.05M in 2021.

In 2021, Ethiopia 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, Ethiopia ranked 97 in the Economic Complexity Index (ECI -0.86), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Armenia exported $3.78k to Ethiopia. There were not main exports from Armenia to Ethiopia in 2021. During the last 16 years the exports of Armenia to Ethiopia have increased at an annualized rate of 3.71%, from $2.11k in 2005 to $3.78k in 2021.

In 2022, Ethiopia exported $1.05M to Armenia. The main products exported from Ethiopia to Armenia were Coffee ($1.02M), Knit Sweaters ($15.8k), and Non-Knit Women's Suits ($5.02k). During the last 17 years the exports of Ethiopia to Armenia have increased at an annualized rate of 46%, from $2.46k in 2005 to $1.05M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Ethiopia (Flag)

Ethiopia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Ethiopia
Top Destination
United Arab Emirates$723M

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

In 2021, countries that imported more from Armenia than Ethiopia were Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2021, countries that imported more from Ethiopia than Armenia were United States ($557M), Saudi Arabia ($268M), and Somalia ($265M).

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

Comparative Advantage Armenia - Ethiopia

Flow
Scale

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

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

During 2022, Ethiopia had a large net trade with Armenia in the exports of Vegetable Products ($1.02M), Textiles ($27.5k), and Foodstuffs ($540).

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

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

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