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2022
Flag → Flag
Exports $108kRnk 72 / 129
2022
Flag → Flag
Top Product $308kRaw Aluminium
2022
Flag → Flag
Exports $19.9MRnk 130 / 216
2022
Flag → Flag
Top Product $16.8MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Armenia-Indonesia Trade: In 2022, Armenia exported $108k to Indonesia. The main products that Armenia exported to Indonesia were Raw Aluminium ($308k), Raw Plastic Sheeting ($33.8k), and Fishing and Hunting Equipment ($15.1k). Over the past 5 years the exports of Armenia to Indonesia have increased at an annualized rate of 1.8%, from $98.7k in 2017 to $108k in 2022.

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

Indonesia-Armenia Trade: In 2022, Indonesia exported $19.9M to Armenia. The main products that Indonesia exported to Armenia were Coffee ($16.8M), Raw Plastic Sheeting ($1.73M), and Cars ($1.03M). Over the past 5 years the exports of Indonesia to Armenia have increased at an annualized rate of 157%,  from $176k in 2017 to $19.9M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $108k to Indonesia. The main products exported from Armenia to Indonesia were Raw Aluminium ($308k), Raw Plastic Sheeting ($33.8k), and Fishing and Hunting Equipment ($15.1k). During the last 5 years the exports of Armenia to Indonesia have increased at an annualized rate of 1.8%, from $98.7k in 2017 to $108k in 2022.

In 2017, Indonesia exported $19.9M to Armenia. The main products exported from Indonesia to Armenia were Coffee ($16.8M), Raw Plastic Sheeting ($1.73M), and Cars ($1.03M). During the last 20 years the exports of Indonesia to Armenia have increased at an annualized rate of 157%, from $176k in 1997 to $19.9M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Indonesia (Flag)

Armenia Exports

Indonesia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Armenia than Indonesia included Russia ($2.36B), Georgia ($260M), and Belarus ($74.6M).

In 2022, countries that imported more from Indonesia than Armenia included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Armenia - Indonesia

Flow
Scale

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

During 2022, Armenia had a large net trade with Indonesia in the exports of Metals ($308k), Plastics and Rubbers ($36.6k), and Miscellaneous ($17.7k).

During 2017, Indonesia had a large net trade with Armenia in the exports of Vegetable Products ($16.9M), Machines ($3.17M), and Paper Goods ($2.56M).

Economic Complexity

Competitive Landscape

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

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

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