2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$17.2BCURRENT US$
Rnk 130 / 195
2013-2023
Flag
GDP GROWTH
312%CURRENT US$
Rnk 1 / 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
$20,765CURRENT US$
Rnk 63 / 196
2013-2023
Flag
GDP PC GROWTH
274%CURRENT US$
Rnk 1 / 195

About

Armenia-Guyana Trade: In 2022, Armenia exported $51.1k to Guyana. The main products that Armenia exported to Guyana were N/A. Over the past 19 years the exports of Armenia to Guyana have decreased at an annualized rate of 1.66%, from $70.1k in 2003 to $51.1k in 2022.

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

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

In 2022, Guyana 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, Guyana ranked 84 in total exports ($17.4B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $51.1k to Guyana. There were not main exports from Armenia to Guyana in 2022. During the last 19 years the exports of Armenia to Guyana have decreased at an annualized rate of 1.66%, from $70.1k in 2003 to $51.1k in 2022.

Guyana does not register exports to Armenia. The main products exported from Guyana to Armenia were Hard Liquor ($1.24k), Other Processed Fruits and Nuts ($157), and Vaccines, blood, antisera, toxins and cultures ($1).

Exports from Armenia (Flag) to Guyana (Flag) (2023)

Exports from Guyana (Flag) to Armenia (Flag) (2023)

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Guyana
Top Destination
United States$3.51B

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

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

In 2023, countries that imported more from Guyana than Armenia included United States ($3.51B), Trinidad and Tobago ($1.9B), and Singapore ($1.66B).

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

Comparative Advantage Armenia - Guyana

Flow
Scale

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

During 2022, Armenia had a large net trade with Guyana in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Guyana (Flag) (2023)

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