2022
Flag  
GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Republic of the Congo-Armenia Trade: In 2022, Republic of the Congo exported $172 to Armenia. The main products that Republic of the Congo exported to Armenia were Coffee ($172). Over the past 17 years the exports of Republic of the Congo to Armenia have decreased at an annualized rate of 25.4%, from $25.3k in 2005 to $172 in 2022.

In 2022, Republic of the Congo did not export any services to Armenia.

Armenia-Republic of the Congo In N/A, Armenia did not export any products to Republic of the Congo.

In 2022, Armenia did not export any services to Republic of the Congo.

Comparison: In 2022,  Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Republic of the Congo exported $172 to Armenia. The main products exported from Republic of the Congo to Armenia were Coffee ($172). During the last 5 years the exports of Republic of the Congo to Armenia have decreased at an annualized rate of 5.27%, from $1.4M in 2017 to $172 in 2022.

Armenia does not register exports to Republic of the Congo.

Exports from Republic of the Congo (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Republic of the Congo (Flag) (2022)

Market Competitiveness

Color
Republic of the Congo
Top Destination
China$4.82B
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Republic of the Congo than Armenia included China ($4.82B), India ($2.44B), and United Arab Emirates ($1.87B).

In 2022, countries that imported more from Armenia than Republic of the Congo included Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

Difference in imports from Armenia (Flag) and Republic of the Congo (Flag) (2022)

Comparative Advantage Republic of the Congo - Armenia

Flow
Scale

This chart compares trade between Republic of the Congo and Armenia by product, considering products traded by both, Republic of the Congo and Armenia.

During 2022, Republic of the Congo had a large net trade with Armenia in the exports of Vegetable Products ($172).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Republic of the Congo Armenia+$2.18kGold
Top Product Potential Armenia Republic of the Congo+$1.68kCars

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

Product Space of Republic of the Congo (Flag) and Armenia (Flag) (2022)

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