2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH
178%CURRENT US$
Rnk 4 / 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
$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH
116%CURRENT US$
Rnk 6 / 186

About

Armenia-Guinea In 2014, Armenia exported $62.8k to Guinea. The main products that Armenia exported to Guinea are N/A. During the last 7 years the exports of Armenia to Guinea have increased at an annualized rate of 18.3%, from $19.4k in 2007 to $62.8k in 2014.

In 2014, Armenia did not export any services to Guinea.

Guinea-Armenia In 2014, Guinea exported $504 to Armenia. The main products that Guinea exported to Armenia were Video Recording Equipment ($504). During the last 7 years the exports of Guinea to Armenia have decreased at an annualized rate of 55.1%, from $138k in 2007 to $504 in 2014.

In 2014, Guinea 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, Guinea ranked 124 in the Economic Complexity Index (ECI -2.66), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2014, Armenia exported $62.8k to Guinea. There were not main exports from Armenia to Guinea in 2014. During the last 7 years the exports of Armenia to Guinea have increased at an annualized rate of 18.3%, from $19.4k in 2007 to $62.8k in 2014.

In 2022, Guinea exported $504 to Armenia. The main products exported from Guinea to Armenia were Video Recording Equipment ($504). During the last 18 years the exports of Guinea to Armenia have decreased at an annualized rate of 55.1%, from $138k in 2004 to $504 in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Guinea (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Guinea
Top Destination
China$3.81B

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

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

In 2021, countries that imported more from Guinea than Armenia were China ($3.81B), India ($2.77B), and United Arab Emirates ($2.59B).

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

Comparative Advantage Armenia - Guinea

Flow
Scale

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

During 2014, Armenia had a large net trade with Guinea in the exports of .

During 2022, Guinea had a large net trade with Armenia in the exports of Machines ($504).

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

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

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