2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$2.4BCURRENT US$
Rnk 173 / 195
2013-2023
Flag
GDP GROWTH
74.2%CURRENT US$
Rnk 35 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$888CURRENT US$
Rnk 181 / 196
2013-2023
Flag
GDP PC GROWTH
35.8%CURRENT US$
Rnk 68 / 195

About

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

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

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

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). That same year, Gambia ranked 138 in total exports ($3.16B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to Gambia.

Gambia does not register exports to Armenia.

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

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

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Gambia
Top Destination
Kazakhstan$2.91B

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 2023, countries that imported more from Armenia than Gambia included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Gambia than Armenia included Kazakhstan ($2.91B), Guinea-Bissau ($59.3M), and Greece ($25.2M).

Difference in imports from Gambia (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Gambia

Flow
Scale

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

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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