2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 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
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 186

About

Armenia-Kyrgyzstan Trade: In 2022, Armenia exported $7.86M to Kyrgyzstan. The main products that Armenia exported to Kyrgyzstan were Animal Food ($1.67M), Refined Petroleum ($1.52M), and Rubber Tires ($1.08M). Over the past 5 years the exports of Armenia to Kyrgyzstan have increased at an annualized rate of 33.8%, from $1.83M in 2017 to $7.86M in 2022.

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

Kyrgyzstan-Armenia Trade: In 2022, Kyrgyzstan exported $1.26M to Armenia. The main products that Kyrgyzstan exported to Armenia were Concentrated Milk ($369k), Broadcasting Equipment ($260k), and Legumes ($190k). Over the past 5 years the exports of Kyrgyzstan to Armenia have increased at an annualized rate of 52.8%,  from $151k in 2017 to $1.26M in 2022.

In 2009, Kyrgyzstan exported services to Armenia worth $0, with being the largest in terms of value.

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $7.86M to Kyrgyzstan. The main products exported from Armenia to Kyrgyzstan were Animal Food ($1.67M), Refined Petroleum ($1.52M), and Rubber Tires ($1.08M). During the last 5 years the exports of Armenia to Kyrgyzstan have increased at an annualized rate of 33.8%, from $1.83M in 2017 to $7.86M in 2022.

In 2017, Kyrgyzstan exported $1.26M to Armenia. The main products exported from Kyrgyzstan to Armenia were Concentrated Milk ($369k), Broadcasting Equipment ($260k), and Legumes ($190k). During the last 5 years the exports of Kyrgyzstan to Armenia have increased at an annualized rate of 52.8%, from $151k in 2022 to $1.26M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Kyrgyzstan (Flag)

Armenia Exports

Kyrgyzstan Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Kyrgyzstan
Top Destination
Russia$1.07B

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

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

In 2022, countries that imported more from Kyrgyzstan than Armenia included Kazakhstan ($445M), Uzbekistan ($240M), and Turkey ($146M).

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

Comparative Advantage Armenia - Kyrgyzstan

Flow
Scale

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

During 2022, Armenia had a large net trade with Kyrgyzstan in the exports of Plastics and Rubbers ($2.09M), Foodstuffs ($1.95M), and Mineral Products ($1.56M).

During 2017, Kyrgyzstan had a large net trade with Armenia in the exports of Animal Products ($369k), Machines ($339k), and Vegetable Products ($311k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Kyrgyzstan+$663kCars
Top Product Potential Kyrgyzstan Armenia+$364kTelephones

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 Kyrgyzstan. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Kyrgyzstan. Similarly, a dot/product with the flag of Kyrgyzstan indicates it has a comparative advantage over Armenia.

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

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