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Pricing

2022
Flag → Flag
Exports $10.5MRnk 31 / 129
2022
Flag → Flag
Top Product $5.57MAluminium Foil
2022
Flag → Flag
Exports $94.9MRnk 124 / 219
2022
Flag → Flag
Top Product $5.69MVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.3Rnk 16 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$2.78TCURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP GROWTH3.7%CURRENT US$
Rnk 157 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$40,964CURRENT US$
Rnk 26 / 186
2012-2022
Flag
GDP PC GROWTH0.23%CURRENT US$
Rnk 137 / 186

About

Armenia-France Trade: In 2022, Armenia exported $10.5M to France. The main products that Armenia exported to France were Aluminium Foil ($5.57M), Trunks and Cases ($643k), and Seed Oils ($458k). Over the past 5 years the exports of Armenia to France have decreased at an annualized rate of 0.13%, from $10.5M in 2017 to $10.5M in 2022.

In 2022, Armenia did not export any services to France.

France-Armenia Trade: In 2022, France exported $94.9M to Armenia. The main products that France exported to Armenia were Vaccines, blood, antisera, toxins and cultures ($5.69M), Packaged Medicaments ($4.99M), and Scented Mixtures ($3.96M). Over the past 5 years the exports of France to Armenia have increased at an annualized rate of 9.62%,  from $59.9M in 2017 to $94.9M in 2022.

In 2022, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $10.5M to France. The main products exported from Armenia to France were Aluminium Foil ($5.57M), Trunks and Cases ($643k), and Seed Oils ($458k). During the last 5 years the exports of Armenia to France have decreased at an annualized rate of 0.13%, from $10.5M in 2017 to $10.5M in 2022.

In 2017, France exported $94.9M to Armenia. The main products exported from France to Armenia were Vaccines, blood, antisera, toxins and cultures ($5.69M), Packaged Medicaments ($4.99M), and Scented Mixtures ($3.96M). During the last 5 years the exports of France to Armenia have increased at an annualized rate of 9.62%, from $59.9M in 2022 to $94.9M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and France (Flag)

Armenia Exports

France Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
France
Top DestinationGermany$78.3B

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

In 2022, countries that imported more from Armenia than France included Georgia ($260M).

In 2022, countries that imported more from France than Armenia included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

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

Comparative Advantage Armenia - France

Flow
Scale

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

During 2022, Armenia had a large net trade with France in the exports of Metals ($5.7M), Foodstuffs ($1.61M), and Instruments ($775k).

During 2017, France had a large net trade with Armenia in the exports of Chemical Products ($25.7M), Machines ($13.6M), and Foodstuffs ($8.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia France+$2.3MAluminium Foil
Top Product Potential France Armenia+$5.64MPackaged Medicaments

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

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

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