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Pricing

2022
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Exports $279MRnk 95 / 221
2022
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Top Product $22.4MAnimal Food
2022
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Exports $65.8MRnk 17 / 129
2022
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Top Product $25MNon-Knit Women's Coats
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI -0.24Rnk 74 / 124
2022
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GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
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2022
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GDP PC $34,158CURRENT US$
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2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Italy-Armenia In 2022, Italy exported $279M to Armenia. The main products that Italy exported to Armenia are Animal Food ($22.4M), Synthetic Filament Yarn Woven Fabric ($9.75M), and Other Non-Knit Clothing Accessories ($8.84M). During the last 27 years the exports of Italy to Armenia have increased at an annualized rate of 15.9%, from $5.22M in 1995 to $279M in 2022.

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

Armenia-Italy In 2022, Armenia exported $65.8M to Italy. The main products that Armenia exported to Italy were Non-Knit Women's Coats ($25M), Non-Knit Men's Coats ($14.2M), and Aluminium Foil ($12.9M). During the last 27 years the exports of Armenia to Italy have increased at an annualized rate of 16.4%, from $1.09M in 1995 to $65.8M in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).

Latest Trends

N/A

About

Overview In N/A, Italy 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 Italy 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 Italy to Armenia were Prefabricated Buildings (€2.32M), Synthetic Filament Yarn Woven Fabric (€1.3M), Zippers (€370k), Sports Equipment (€84k), and Buttons (€82.6k). In N/A the top imports of Italy from Armenia were Non-Knit Men's Coats (€1.11M), Non-Knit Women's Coats (€926k), Non-Knit Women's Suits (€171k), and Non-Knit Men's Suits (€57.6k).

Growth In N/A, the N/A in Italy's year-by-year exports to Armenia was explained primarily by an decrease in product exports in . In N/A, the N/A in Italy's year-by-year imports  from Armenia was explained primarily by an decrease in product imports  in Non-Knit Women's Coats (€-323k or -25.9%) and Non-Knit Men's Suits (€-57.2k or -49.8%).

Latest Trade

Flow
Time Scale
Depth
Value

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

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

For full datasets download visit Bulk Download page.

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $279M to Armenia. The main products exported from Italy to Armenia were Animal Food ($22.4M), Synthetic Filament Yarn Woven Fabric ($9.75M), and Other Non-Knit Clothing Accessories ($8.84M). During the last 27 years the exports of Italy to Armenia have increased at an annualized rate of 15.9%, from $5.22M in 1995 to $279M in 2022.

In 2022, Armenia exported $65.8M to Italy. The main products exported from Armenia to Italy were Non-Knit Women's Coats ($25M), Non-Knit Men's Coats ($14.2M), and Aluminium Foil ($12.9M). During the last 27 years the exports of Armenia to Italy have increased at an annualized rate of 16.4%, from $1.09M in 1995 to $65.8M in 2022.

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

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

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Armenia
Top DestinationRussia$2.36B

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

In 2021, countries that imported more from Italy than Armenia were Germany ($78.5B), United States ($68.2B), and France ($63.8B).

In 2019, no countries were registered that imported more from Armenia than from Italy.

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

Comparative Advantage Italy - Armenia

Flow
Scale

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

During 2022, Italy had a large net trade with Armenia in the exports of Machines ($74.1M), Textiles ($47.7M), and Foodstuffs ($37.3M).

During 2022, Armenia had a large net trade with Italy in the exports of Textiles ($44.4M), Metals ($12.9M), and Arts and Antiques ($2.87M).

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

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

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