2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$2.27BCURRENT US$
Rnk 166 / 186
2012-2022
Flag
GDP GROWTH
60.6%CURRENT US$
Rnk 39 / 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
$840CURRENT US$
Rnk 172 / 186
2012-2022
Flag
GDP PC GROWTH
22.4%CURRENT US$
Rnk 78 / 186

About

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

Gambia-Armenia Trade: In N/A, Gambia exported $8.09k to Armenia. The main products that Gambia exported to Armenia were Glass Mirrors ($47) and Other Plastic Products ($6). Over the past N/A years the exports of Gambia to Armenia have increased at an annualized rate of 110%,  from $196 in N/A to $8.09k in N/A.

In N/A, Gambia 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, Gambia ranked 193 in total exports ($170M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to Gambia.

In 2013, Gambia exported $8.09k to Armenia. The main products exported from Gambia to Armenia were Glass Mirrors ($47) and Other Plastic Products ($6). During the last 6 years the exports of Gambia to Armenia have increased at an annualized rate of 110%, from $196 in 2007 to $8.09k in 2013.

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

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

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Gambia
Top Destination
India$52.9M

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

In 2022, countries that imported more from Armenia than Gambia included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2022, countries that imported more from Gambia than Armenia included Portugal ($9.02M), Chinese Taipei ($6.72M), and Senegal ($3.46M).

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

Comparative Advantage Armenia - Gambia

Flow
Scale

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

During 2013, Gambia had a large net trade with Armenia in the exports of Stone And Glass ($47) and Plastics and Rubbers ($6).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Gambia+$1.29kCars
Top Product Potential Gambia Armenia+$998Refined 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

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

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

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