2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$22BCURRENT US$
Rnk 111 / 186
2012-2022
Flag
GDP GROWTH
-49.1%CURRENT US$
Rnk 185 / 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
$31,618CURRENT US$
Rnk 34 / 186
2012-2022
Flag
GDP PC GROWTH
-57.3%CURRENT US$
Rnk 184 / 186

About

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
Value

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 (Flag) to Macau (Flag) (2022)

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

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Macau
Top Destination
Hong 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 (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - Macau

Flow
Scale

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).

Economic Complexity

Competitive Landscape

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.

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

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