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Pricing

2022
Flag → Flag
Exports $19MRnk 116 / 210
2022
Flag → Flag
Top Product $5.25MPackaged Medicaments
2022
Flag → Flag
Exports $349kRnk 74 / 129
2022
Flag → Flag
Top Product $90.7kAluminium Foil
2022
Flag
Economic Complexity (ECI) ECI 1.27Rnk 18 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$529BCURRENT US$
Rnk 26 / 186
2012-2022
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GDP GROWTH135%CURRENT US$
Rnk 7 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $104,039CURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP PC GROWTH112%CURRENT US$
Rnk 7 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Ireland-Armenia Trade: In 2022, Ireland exported $19M to Armenia. The main products that Ireland exported to Armenia were Packaged Medicaments ($5.25M), Orthopedic Appliances ($4.13M), and Vegetable Saps ($1.64M). Over the past 5 years the exports of Ireland to Armenia have increased at an annualized rate of 14.5%, from $9.65M in 2017 to $19M in 2022.

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

Armenia-Ireland Trade: In 2022, Armenia exported $349k to Ireland. The main products that Armenia exported to Ireland were Aluminium Foil ($90.7k), Non-Knit Women's Coats ($88.4k), and Non-Knit Men's Coats ($48.3k). Over the past 5 years the exports of Armenia to Ireland have increased at an annualized rate of 63.3%,  from $30k in 2017 to $349k in 2022.

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

Comparison: In 2022,  Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Latest Trends

N/A

About

Overview In N/A, Ireland exported €N/A and imported €N/A from Armenia, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Armenia were . In N/A the top imports of Ireland from Armenia were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Armenia was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in .

Latest Trade

Time Scale
Flow
Value

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Armenia and Ireland trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Armenia and Ireland Data

Go to Bulk Download

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ireland exported $19M to Armenia. The main products exported from Ireland to Armenia were Packaged Medicaments ($5.25M), Orthopedic Appliances ($4.13M), and Vegetable Saps ($1.64M). During the last 5 years the exports of Ireland to Armenia have increased at an annualized rate of 14.5%, from $9.65M in 2017 to $19M in 2022.

In 2017, Armenia exported $349k to Ireland. The main products exported from Armenia to Ireland were Aluminium Foil ($90.7k), Non-Knit Women's Coats ($88.4k), and Non-Knit Men's Coats ($48.3k). During the last 5 years the exports of Armenia to Ireland have increased at an annualized rate of 63.3%, from $30k in 2022 to $349k in 2017.

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

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

Market Competitiveness

Color
Ireland
Top DestinationUnited States$70.7B
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Ireland than Armenia included United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2022, countries that imported more from Armenia than Ireland included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

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

Comparative Advantage Ireland - Armenia

Flow
Scale

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

During 2022, Ireland had a large net trade with Armenia in the exports of Chemical Products ($8.84M), Instruments ($4.65M), and Machines ($2.11M).

During 2017, Armenia had a large net trade with Ireland in the exports of Textiles ($171k), Metals ($90.8k), and Precious Metals ($28.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ireland Armenia+$3.96MPackaged Medicaments
Top Product Potential Armenia Ireland+$196kAluminium 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

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

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

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