Kyrgyzstan (KGZ) and Armenia (ARM) Trade | The Observatory of Economic Complexity

About

Kyrgyzstan-Armenia Trade: In 2023, Kyrgyzstan exported $676k to Armenia. The main products that Kyrgyzstan exported to Armenia were Broadcasting Equipment ($215k), Dried Legumes ($208k), and Legumes ($85.4k). Over the past 5 years the exports of Kyrgyzstan to Armenia have increased at an annualized rate of 21.1%, from $259k in 2018 to $676k in 2023.

In 2009, Kyrgyzstan exported services to Armenia worth $0, with being the largest in terms of value.

Armenia-Kyrgyzstan Trade: In 2023, Armenia exported $29.3M to Kyrgyzstan. The main products that Armenia exported to Kyrgyzstan were Cars ($16.7M), Felt or Coated Fabric Garments ($3.29M), and Refined Petroleum ($1.6M). Over the past 5 years the exports of Armenia to Kyrgyzstan have increased at an annualized rate of 96.3%, from $1M in 2018 to $29.3M in 2023.

In 2023, Armenia did not export any services to Kyrgyzstan.

Comparison: In 2023, Kyrgyzstan ranked 67 in the Economic Complexity Index (ECI -0.11), and 136 in total exports ($3.99B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Kyrgyzstan exported $676k to Armenia. The main products exported from Kyrgyzstan to Armenia were Broadcasting Equipment ($215k), Dried Legumes ($208k), and Legumes ($85.4k). During the last 5 years the exports of Kyrgyzstan to Armenia have increased at an annualized rate of 21.1%, from $259k in 2018 to $676k in 2023.

In 2018, Armenia exported $29.3M to Kyrgyzstan. The main products exported from Armenia to Kyrgyzstan were Cars ($16.7M), Felt or Coated Fabric Garments ($3.29M), and Refined Petroleum ($1.6M). During the last 5 years the exports of Armenia to Kyrgyzstan have increased at an annualized rate of 96.3%, from $1M in 2023 to $29.3M in 2018.

Exports from Kyrgyzstan () to Armenia () (2023)

Exports from Armenia () to Kyrgyzstan () (2023)

Latest Data

Trade between Kyrgyzstan () and Armenia ()

Kyrgyzstan Exports

Date

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Kyrgyzstan
Top DestinationSwitzerland$1.18B

Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Kyrgyzstan than Armenia included Switzerland ($1.18B), Kazakhstan ($559M), and Turkey ($316M).

In 2023, countries that imported more from Armenia than Kyrgyzstan included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

Difference in imports from Armenia () and Kyrgyzstan () (2023)

Comparative Advantage Kyrgyzstan - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Kyrgyzstan had a large net trade with Armenia in the exports of Vegetable Products ($362k), Machines ($216k), and Foodstuffs ($69.5k).

During 2018, Armenia had a large net trade with Kyrgyzstan in the exports of Transportation ($17.9M), Textiles ($3.29M), and Machines ($2.97M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Kyrgyzstan Armenia+$364kTelephones

Top Product Potential Armenia Kyrgyzstan+$663kCars

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Kyrgyzstan () to Armenia () (2023)

Exports from Armenia () to Kyrgyzstan () (2023)

Latest Data

Trade between Kyrgyzstan () and Armenia ()

Kyrgyzstan Exports

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and Kyrgyzstan () (2023)

Comparative Advantage Kyrgyzstan - Armenia

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Kyrgyzstan () and Armenia () (2023)

Keep Exploring