2022
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GDP
$19.5BCURRENT US$
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2012-2022
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GDP GROWTH
83.7%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
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2012-2022
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GDP GROWTH
-6.57%CURRENT US$
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2022
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GDP PC 
$7,014CURRENT US$
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2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
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2022
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GDP PC
$6,776CURRENT US$
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2012-2022
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GDP PC GROWTH
-17.1%CURRENT US$
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About

Armenia-South Africa In 2022, Armenia exported $1.74M to South Africa. The main products that Armenia exported to South Africa are Ferroalloys ($702k), Rubber Tires ($490k), and Excavation Machinery ($338k). During the last 27 years the exports of Armenia to South Africa have increased at an annualized rate of 24.9%, from $4.34k in 1995 to $1.74M in 2022.

In 2022, Armenia did not export any services to South Africa.

South Africa-Armenia In 2022, South Africa exported $8.23M to Armenia. The main products that South Africa exported to Armenia were Diamonds ($2.25M), Vaccines, blood, antisera, toxins and cultures ($1.53M), and Raw Tobacco ($910k). During the last 27 years the exports of South Africa to Armenia have increased at an annualized rate of 19%, from $74.7k in 1995 to $8.23M in 2022.

In 2022, South Africa 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, South Africa ranked 61 in the Economic Complexity Index (ECI 0.033), and 34 in total exports ($147B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $1.74M to South Africa. The main products exported from Armenia to South Africa were Ferroalloys ($702k), Rubber Tires ($490k), and Excavation Machinery ($338k). During the last 27 years the exports of Armenia to South Africa have increased at an annualized rate of 24.9%, from $4.34k in 1995 to $1.74M in 2022.

In 2022, South Africa exported $8.23M to Armenia. The main products exported from South Africa to Armenia were Diamonds ($2.25M), Vaccines, blood, antisera, toxins and cultures ($1.53M), and Raw Tobacco ($910k). During the last 27 years the exports of South Africa to Armenia have increased at an annualized rate of 19%, from $74.7k in 1995 to $8.23M in 2022.

Exports from Armenia (Flag) to South Africa (Flag) (2022)

Exports from South Africa (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and South Africa (Flag)

Armenia Exports

South Africa Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
South Africa
Top Destination
China$23.4B

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

In 2021, countries that imported more from Armenia than South Africa were Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2021, countries that imported more from South Africa than Armenia were China ($23.4B), United States ($10.9B), and Germany ($9.96B).

Difference in imports from South Africa (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - South Africa

Flow
Scale

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

During 2022, Armenia had a large net trade with South Africa in the exports of Metals ($702k), Plastics and Rubbers ($491k), and Machines ($343k).

During 2022, South Africa had a large net trade with Armenia in the exports of Precious Metals ($2.25M), Chemical Products ($2.02M), and Vegetable Products ($1.37M).

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

Product Space of Armenia (Flag) and South Africa (Flag) (2022)

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