2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$48.8BCURRENT US$
Rnk 92 / 195
2013-2023
Flag
GDP GROWTH
68.7%CURRENT US$
Rnk 41 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$1,002CURRENT US$
Rnk 177 / 196
2013-2023
Flag
GDP PC GROWTH
22.5%CURRENT US$
Rnk 97 / 195

About

Armenia-Uganda Trade: In 2023, Armenia exported $629 to Uganda. The main products that Armenia exported to Uganda were Gas and Liquid Flow Measuring Instruments ($577) and Other Edible Preparations ($52). Over the past 7 years the exports of Armenia to Uganda have increased at an annualized rate of 0.99%, from $587 in 2016 to $629 in 2023.

In 2023, Armenia did not export any services to Uganda.

Uganda-Armenia Trade: In 2023, Uganda exported $2.01M to Armenia. The main products that Uganda exported to Armenia were Coffee ($1.91M), Cocoa Beans ($81.6k), and Other live plants, cuttings and slips; mushroom spawn ($5.55k). Over the past 7 years the exports of Uganda to Armenia have increased at an annualized rate of 85.2%,  from $92.1k in 2016 to $2.01M in 2023.

In 2023, Uganda did not export any services to Armenia.

Comparison: In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B). That same year, Uganda ranked 91 in the Economic Complexity Index (ECI -0.62), and 116 in total exports ($7.12B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $629 to Uganda. The main products exported from Armenia to Uganda were Gas and Liquid Flow Measuring Instruments ($577) and Other Edible Preparations ($52). During the last 7 years the exports of Armenia to Uganda have increased at an annualized rate of 0.99%, from $587 in 2016 to $629 in 2023.

In 2018, Uganda exported $2.01M to Armenia. The main products exported from Uganda to Armenia were Coffee ($1.91M), Cocoa Beans ($81.6k), and Other live plants, cuttings and slips; mushroom spawn ($5.55k). During the last 5 years the exports of Uganda to Armenia have increased at an annualized rate of 85.2%, from $92.1k in 2023 to $2.01M in 2018.

Exports from Armenia (Flag) to Uganda (Flag) (2023)

Exports from Uganda (Flag) to Armenia (Flag) (2023)

Latest Data

Trade between Armenia (Flag) and Uganda (Flag)

Armenia Exports

Uganda Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Uganda
Top Destination
India$1.5B

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

In 2023, countries that imported more from Armenia than Uganda included Russia ($3.38B), United Arab Emirates ($2.25B), and Georgia ($340M).

In 2023, countries that imported more from Uganda than Armenia included India ($1.5B), South Sudan ($536M), and Kenya ($439M).

Difference in imports from Uganda (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Uganda

Flow
Scale

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

During 2023, Armenia had a large net trade with Uganda in the exports of Instruments ($577) and Foodstuffs ($52).

During 2018, Uganda had a large net trade with Armenia in the exports of Vegetable Products ($1.92M), Foodstuffs ($81.6k), and Textiles ($3.15k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Uganda+$2.43kTelephones
Top Product Potential Uganda Armenia+$629kCoffee

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

Product Space of Armenia (Flag) and Uganda (Flag) (2023)

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