2022
Flag  
GDP
$19.5BCURRENT US$
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2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
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2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
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About

Armenia-Syria In 2022, Armenia exported $5.64M to Syria. The main products that Armenia exported to Syria are Rolled Tobacco ($4.83M), Hard Liquor ($771k), and Thermostats ($36.1k). During the last 25 years the exports of Armenia to Syria have increased at an annualized rate of 2.94%, from $2.73M in 1997 to $5.64M in 2022.

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

Syria-Armenia In 2022, Syria exported $1.1M to Armenia. The main products that Syria exported to Armenia were Packaged Medicaments ($322k), Citrus ($209k), and Other Heating Machinery ($124k). During the last 25 years the exports of Syria to Armenia have increased at an annualized rate of 10.3%, from $94.5k in 1997 to $1.1M in 2022.

In 2022, Syria 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, Syria ranked 164 in total exports ($771M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $5.64M to Syria. The main products exported from Armenia to Syria were Rolled Tobacco ($4.83M), Hard Liquor ($771k), and Thermostats ($36.1k). During the last 25 years the exports of Armenia to Syria have increased at an annualized rate of 2.94%, from $2.73M in 1997 to $5.64M in 2022.

In 2022, Syria exported $1.1M to Armenia. The main products exported from Syria to Armenia were Packaged Medicaments ($322k), Citrus ($209k), and Other Heating Machinery ($124k). During the last 25 years the exports of Syria to Armenia have increased at an annualized rate of 10.3%, from $94.5k in 1997 to $1.1M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Syria (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Syria
Top Destination
Turkey$226M

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

In 2021, countries that imported more from Armenia than Syria were Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2021, countries that imported more from Syria than Armenia were Turkey ($226M), Kuwait ($114M), and Lebanon ($107M).

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

Comparative Advantage Armenia - Syria

Flow
Scale

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

During 2022, Armenia had a large net trade with Syria in the exports of Foodstuffs ($5.6M) and Instruments ($36.1k).

During 2022, Syria had a large net trade with Armenia in the exports of Chemical Products ($326k), Machines ($299k), and Vegetable Products ($236k).

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

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

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