Italy / Armenia 
undefined → Top Product: $17.8M, Synthetic Filament Yarn Woven Fabric
undefined → Exports: $65.9M, Rnk 13 / 129
undefined → Top Product: $28.8M, Non-Knit Women's Coats
2021 Economic Complexity (ECI): ECI 1.27, Rnk 19 / 131
2021 Economic Complexity (ECI): ECI -0.19, Rnk 71 / 131
In N/A, Italy did not export any services to Armenia.
Armenia-Italy In N/A, Armenia exported $65.9M to Italy. The main products that Armenia exported to Italy were Non-Knit Women's Coats ($28.8M), Aluminium Foil ($13.1M), and Non-Knit Men's Coats ($12.8M). During the last N/A years the exports of Armenia to Italy have increased at an annualized rate of 16.9%, from $1.14M in N/A to $65.9M in N/A.
In N/A, Armenia did not export any services to Italy.
Comparison In 2021, Italy ranked 19 in the Economic Complexity Index (ECI 1.27), and 7 in total exports ($597B). That same year, Armenia ranked 71 in the Economic Complexity Index (ECI -0.19), and 133 in total exports ($3.36B).
Italy does not register exports to Armenia. The main products exported from Italy to Armenia were Synthetic Filament Yarn Woven Fabric ($17.8M), Animal Food ($11.8M), and Other Non-Knit Clothing Accessories ($7.72M).
In 2021, Armenia exported $65.9M to Italy. The main products exported from Armenia to Italy were Non-Knit Women's Coats ($28.8M), Aluminium Foil ($13.1M), and Non-Knit Men's Coats ($12.8M). During the last 26 years the exports of Armenia to Italy have increased at an annualized rate of 16.9%, from $1.14M in 1995 to $65.9M in 2021.
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.
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This chart compares trade between Italy and Armenia by product, considering products traded by both, Italy and Armenia.
During 2021, Armenia had a large net trade with Italy in the exports of Textiles ($46M), Metals ($13.1M), and Precious Metals ($2.53M).
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.
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