2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
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GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
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GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
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GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
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GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

China-Armenia In 2022, China exported $1.1B to Armenia. The main products that China exported to Armenia are Broadcasting Equipment ($182M), Computers ($68.6M), and Semiconductor Devices ($41.4M). During the last 27 years the exports of China to Armenia have increased at an annualized rate of 30.6%, from $812k in 1995 to $1.1B in 2022.

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

Armenia-China In 2022, Armenia exported $420M to China. The main products that Armenia exported to China were Copper Ore ($277M), Molybdenum Ore ($80.9M), and Non-Knit Women's Coats ($26M). During the last 27 years the exports of Armenia to China have increased at an annualized rate of 38.8%, from $60.2k in 1995 to $420M in 2022.

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

Comparison In 2022,  China ranked 24 in the Economic Complexity Index (ECI 1.01), and 1 in total exports ($3.73T). That same year, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, China exported $1.1B to Armenia. The main products exported from China to Armenia were Broadcasting Equipment ($182M), Computers ($68.6M), and Semiconductor Devices ($41.4M). During the last 27 years the exports of China to Armenia have increased at an annualized rate of 30.6%, from $812k in 1995 to $1.1B in 2022.

In 2022, Armenia exported $420M to China. The main products exported from Armenia to China were Copper Ore ($277M), Molybdenum Ore ($80.9M), and Non-Knit Women's Coats ($26M). During the last 27 years the exports of Armenia to China have increased at an annualized rate of 38.8%, from $60.2k in 1995 to $420M in 2022.

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

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

Market Competitiveness

Color
China
Top Destination
N/AN/A
Armenia
Top Destination
N/AN/A

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

N/A

N/A

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

Comparative Advantage China - Armenia

Flow
Scale

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

During 2022, China had a large net trade with Armenia in the exports of Machines ($603M), Transportation ($83.7M), and Textiles ($76.6M).

During 2022, Armenia had a large net trade with China in the exports of Mineral Products ($358M), Textiles ($41.6M), and Metals ($9.61M).

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

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

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