2022
Flag  
GDP
$19.5BCURRENT US$
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2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH
20.8%CURRENT US$
Rnk 121 / 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
$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH
-1.8%CURRENT US$
Rnk 147 / 186

About

Armenia-Zimbabwe In 2022, Armenia exported $27k to Zimbabwe. The main products that Armenia exported to Zimbabwe are Other Construction Vehicles ($25.1k), Interchangeable Tool Parts ($750), and Rubber Pipes ($646). During the last 15 years the exports of Armenia to Zimbabwe have increased at an annualized rate of 30.7%, from $486 in 2007 to $27k in 2022.

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

Zimbabwe-Armenia In 2022, Zimbabwe exported $5.32M to Armenia. The main products that Zimbabwe exported to Armenia were Raw Tobacco ($3.59M), Processed Tobacco ($1.73M), and Liquid Dispersing Machines ($604). During the last 15 years the exports of Zimbabwe to Armenia have increased at an annualized rate of 78.1%, from $927 in 2007 to $5.32M in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 101 in the Economic Complexity Index (ECI -0.91), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $27k to Zimbabwe. The main products exported from Armenia to Zimbabwe were Other Construction Vehicles ($25.1k), Interchangeable Tool Parts ($750), and Rubber Pipes ($646). During the last 15 years the exports of Armenia to Zimbabwe have increased at an annualized rate of 30.7%, from $486 in 2007 to $27k in 2022.

In 2022, Zimbabwe exported $5.32M to Armenia. The main products exported from Zimbabwe to Armenia were Raw Tobacco ($3.59M), Processed Tobacco ($1.73M), and Liquid Dispersing Machines ($604). During the last 23 years the exports of Zimbabwe to Armenia have increased at an annualized rate of 78.1%, from $927 in 1999 to $5.32M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Zimbabwe (Flag)

Zimbabwe Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Zimbabwe
Top Destination
United Arab Emirates$4.78B

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

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

In 2021, countries that imported more from Zimbabwe than Armenia were United Arab Emirates ($4.78B), South Africa ($1.47B), and Belgium ($297M).

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

Comparative Advantage Armenia - Zimbabwe

Flow
Scale

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

During 2022, Armenia had a large net trade with Zimbabwe in the exports of Machines ($25.3k), Plastics and Rubbers ($840), and Metals ($750).

During 2022, Zimbabwe had a large net trade with Armenia in the exports of Foodstuffs ($5.32M), Machines ($604), and Metals ($59).

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

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

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