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GDP
$19.5BCURRENT US$
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2012-2022
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GDP GROWTH
83.7%CURRENT US$
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$4.23TCURRENT US$
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-32.5%CURRENT US$
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GDP PC 
$7,014CURRENT US$
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GDP PC GROWTH
92.5%CURRENT US$
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GDP PC
$33,815CURRENT US$
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GDP PC GROWTH
-31.2%CURRENT US$
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About

Armenia-Japan In 2022, Armenia exported $23.3M to Japan. The main products that Armenia exported to Japan are Non-Knit Women's Coats ($14.8M), Non-Knit Men's Coats ($4.84M), and Raw Aluminium ($2.12M). During the last 27 years the exports of Armenia to Japan have increased at an annualized rate of 19.4%, from $196k in 1995 to $23.3M in 2022.

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

Japan-Armenia In 2022, Japan exported $124M to Armenia. The main products that Japan exported to Armenia were Cars ($52.8M), Delivery Trucks ($14.9M), and Large Construction Vehicles ($12.2M). During the last 27 years the exports of Japan to Armenia have increased at an annualized rate of 30.4%, from $94.5k in 1995 to $124M in 2022.

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

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $23.3M to Japan. The main products exported from Armenia to Japan were Non-Knit Women's Coats ($14.8M), Non-Knit Men's Coats ($4.84M), and Raw Aluminium ($2.12M). During the last 27 years the exports of Armenia to Japan have increased at an annualized rate of 19.4%, from $196k in 1995 to $23.3M in 2022.

In 2022, Japan exported $124M to Armenia. The main products exported from Japan to Armenia were Cars ($52.8M), Delivery Trucks ($14.9M), and Large Construction Vehicles ($12.2M). During the last 27 years the exports of Japan to Armenia have increased at an annualized rate of 30.4%, from $94.5k in 1995 to $124M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Japan (Flag)

Armenia Exports

Japan Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Japan
Top Destination
United States$137B

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

In 2021, countries that imported more from Armenia than Japan were Iran ($111M), Belarus ($74.6M), and Syria ($5.64M).

In 2021, countries that imported more from Japan than Armenia were United States ($137B), China ($135B), and South Korea ($50.8B).

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

Comparative Advantage Armenia - Japan

Flow
Scale

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

During 2022, Armenia had a large net trade with Japan in the exports of Textiles ($20M), Metals ($2.12M), and Foodstuffs ($626k).

During 2022, Japan had a large net trade with Armenia in the exports of Transportation ($73.2M), Machines ($26.2M), and Instruments ($9.03M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Armenia.

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

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