France (FRA) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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France-Armenia Trade: In 2022, France exported $94.9M to Armenia. The main products that France exported to Armenia were Vaccines, blood, antisera, toxins and cultures ($5.69M), Packaged Medicaments ($4.99M), and Scented Mixtures ($3.96M). Over the past 5 years the exports of France to Armenia have increased at an annualized rate of 9.62%, from $59.9M in 2017 to $94.9M in 2022.

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

Armenia-France Trade: In 2022, Armenia exported $10.5M to France. The main products that Armenia exported to France were Aluminium Foil ($5.57M), Trunks and Cases ($643k), and Seed Oils ($458k). Over the past 5 years the exports of Armenia to France have decreased at an annualized rate of 0.079%, from $10.5M in 2017 to $10.5M in 2022.

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

Comparison: In 2022, France ranked 16 in the Economic Complexity Index (ECI 1.3), and 8 in total exports ($608B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, France exported $94.9M to Armenia. The main products exported from France to Armenia were Vaccines, blood, antisera, toxins and cultures ($5.69M), Packaged Medicaments ($4.99M), and Scented Mixtures ($3.96M). During the last 5 years the exports of France to Armenia have increased at an annualized rate of 9.62%, from $59.9M in 2017 to $94.9M in 2022.

In 2017, Armenia exported $10.5M to France. The main products exported from Armenia to France were Aluminium Foil ($5.57M), Trunks and Cases ($643k), and Seed Oils ($458k). During the last 5 years the exports of Armenia to France have decreased at an annualized rate of 0.079%, from $10.5M in 2022 to $10.5M in 2017.

Exports from France () to Armenia () (2022)

Exports from Armenia () to France () (2022)

Latest Data

Trade between France () and Armenia ()

France Exports

Date

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

France
Top DestinationGermany$78.3B

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from France than Armenia included Germany ($78.3B), Italy ($56.4B), and United States ($50B).

In 2022, countries that imported more from Armenia than France included Georgia ($260M).

Difference in imports from Armenia () and France () (2022)

Comparative Advantage France - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, France had a large net trade with Armenia in the exports of Chemical Products ($25.7M), Machines ($13.6M), and Foodstuffs ($8.4M).

During 2017, Armenia had a large net trade with France in the exports of Metals ($5.7M), Foodstuffs ($1.61M), and Instruments ($775k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential France Armenia+$5.64MPackaged Medicaments

Top Product Potential Armenia France+$2.3MAluminium Foil

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

Year

This visualization shows the product space at the HS4 level with the flags of France and Armenia. This means that a dot/product with the flag of France indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over France.

About

Historical Data

Bilateral Trade by Products

Exports from France () to Armenia () (2022)

Exports from Armenia () to France () (2022)

Latest Data

Trade between France () and Armenia ()

France Exports

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and France () (2022)

Comparative Advantage France - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of France () and Armenia () (2022)

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