Armenia (ARM) and Macau (MAC) Trade | The Observatory of Economic Complexity

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Armenia-Macau Trade: In 2022, Armenia exported $1.87M to Macau. The main products that Armenia exported to Macau were Non-Knit Women's Suits ($835k), Knit Women's Coats ($421k), and Non-Knit Women's Coats ($392k). Over the past 5 years the exports of Armenia to Macau have increased at an annualized rate of 109%, from $46.8k in 2017 to $1.87M in 2022.

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

Macau-Armenia Trade: In 2022, Macau exported $12.1k to Armenia. The main products that Macau exported to Armenia were Non-Knit Women's Suits ($11.5k), Liquid Pumps ($298), and Breathing Appliances ($216). Over the past 5 years the exports of Macau to Armenia have increased at an annualized rate of 71.8%, from $806 in 2017 to $12.1k in 2022.

In 2022, Macau 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, Macau ranked 146 in total exports ($1.88B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Armenia exported $1.87M to Macau. The main products exported from Armenia to Macau were Non-Knit Women's Suits ($835k), Knit Women's Coats ($421k), and Non-Knit Women's Coats ($392k). During the last 5 years the exports of Armenia to Macau have increased at an annualized rate of 109%, from $46.8k in 2017 to $1.87M in 2022.

In 2017, Macau exported $12.1k to Armenia. The main products exported from Macau to Armenia were Non-Knit Women's Suits ($11.5k), Liquid Pumps ($298), and Breathing Appliances ($216). During the last 5 years the exports of Macau to Armenia have increased at an annualized rate of 71.8%, from $806 in 2022 to $12.1k in 2017.

Exports from Armenia () to Macau () (2022)

Exports from Macau () to Armenia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$2.36B

Macau
Top DestinationHong Kong$1.22B

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

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

In 2022, countries that imported more from Macau than Armenia included Hong Kong ($1.22B), United States ($135M), and Israel ($37.4M).

Difference in imports from Macau () and Armenia () (2022)

Comparative Advantage Armenia - Macau

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Armenia had a large net trade with Macau in the exports of Textiles ($1.85M), Miscellaneous ($16k), and Animal Hides ($2k).

During 2017, Macau had a large net trade with Armenia in the exports of Textiles ($11.5k), Machines ($315), and Instruments ($216).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Armenia () to Macau () (2022)

Exports from Macau () to Armenia () (2022)

Market Competitiveness

Difference in imports from Macau () and Armenia () (2022)

Comparative Advantage Armenia - Macau

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Macau () (2022)

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