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Pricing

2021
Flag → Flag
Exports $119Rnk 160 / 0
2021
Flag → Flag
Exports $97.3kRnk 76 / 142
2021
Flag → Flag
Top Product $62.1kRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.24Rnk 74 / 124
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 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$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

Armenia-Rwanda In 2021, Armenia exported $119 to Rwanda. The main products that Armenia exported to Rwanda are N/A. During the last 16 years the exports of Armenia to Rwanda have decreased at an annualized rate of 22.4%, from $6.93k in 2005 to $119 in 2021.

In 2021, Armenia did not export any services to Rwanda.

Rwanda-Armenia In 2021, Rwanda exported $97.3k to Armenia. The main products that Rwanda exported to Armenia were Refined Petroleum ($62.1k), Petroleum Gas ($16.7k), and Other Oily Seeds ($6.83k). During the last 16 years the exports of Rwanda to Armenia have increased at an annualized rate of 29.2%, from $1.61k in 2005 to $97.3k in 2021.

In 2021, Rwanda 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, Rwanda ranked 147 in total exports ($1.77B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Armenia exported $119 to Rwanda. There were not main exports from Armenia to Rwanda in 2021. During the last 16 years the exports of Armenia to Rwanda have decreased at an annualized rate of 22.4%, from $6.93k in 2005 to $119 in 2021.

In 2022, Rwanda exported $97.3k to Armenia. The main products exported from Rwanda to Armenia were Refined Petroleum ($62.1k), Petroleum Gas ($16.7k), and Other Oily Seeds ($6.83k). During the last 17 years the exports of Rwanda to Armenia have increased at an annualized rate of 29.2%, from $1.61k in 2005 to $97.3k in 2022.

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

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

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Rwanda
Top DestinationUnited Arab Emirates$568M

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

In 2021, countries that imported more from Armenia than Rwanda were Russia ($2.36B), China ($420M), and Georgia ($260M).

In 2021, countries that imported more from Rwanda than Armenia were Democratic Republic of the Congo ($450M), Thailand ($83.9M), and Ethiopia ($55.2M).

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

Comparative Advantage Armenia - Rwanda

Flow
Scale

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

During 2021, Armenia had a large net trade with Rwanda in the exports of .

During 2022, Rwanda had a large net trade with Armenia in the exports of Mineral Products ($78.8k), Vegetable Products ($9.57k), and Textiles ($5.78k).

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 Rwanda. Similarly, the more yellow a dot/product is, the more Rwanda has comparative advantage over Armenia.

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

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