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Flag → Flag
Exports $504Rnk 94 / 105
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Flag → Flag
Top Product $504Video Recording Equipment
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
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GDP GROWTH178%CURRENT US$
Rnk 4 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
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GDP PC$1,532CURRENT US$
Rnk 157 / 186
2012-2022
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GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

In N/A, Armenia did not export any services to Guinea.

Guinea-Armenia Trade: In N/A, Guinea exported $504 to Armenia. The main products that Guinea exported to Armenia were Video Recording Equipment ($504). Over the past N/A years the exports of Guinea to Armenia have increased at an annualized rate of 11.6%,  from $291 in N/A to $504 in N/A.

In N/A, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to Guinea.

In 2017, Guinea exported $504 to Armenia. The main products exported from Guinea to Armenia were Video Recording Equipment ($504). During the last 5 years the exports of Guinea to Armenia have increased at an annualized rate of 11.6%, from $291 in 2022 to $504 in 2017.

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 DestinationRussia$2.36B
Guinea
Top DestinationChina$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 2022, countries that imported more from Armenia than Guinea included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2022, countries that imported more from Guinea than Armenia included 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 2017, Guinea had a large net trade with Armenia in the exports of Machines ($504).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Guinea+$1.96kRolled Tobacco
Top Product Potential Guinea Armenia+$4.02kGold

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

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

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