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Pricing

2022
Flag → Flag
Exports $2.99MRnk 123 / 199
2022
Flag → Flag
Top Product $1.41MRice
2022
Flag → Flag
Exports $76.1kRnk 70 / 129
2022
Flag → Flag
Top Product $367kVaccines, blood, antisera, toxins and cultures
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Pakistan-Armenia Trade: In 2022, Pakistan exported $2.99M to Armenia. The main products that Pakistan exported to Armenia were Rice ($1.41M), Non-Knit Men's Suits ($838k), and Citrus ($705k). Over the past 5 years the exports of Pakistan to Armenia have increased at an annualized rate of 244%, from $6.18k in 2017 to $2.99M in 2022.

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

Armenia-Pakistan Trade: In 2022, Armenia exported $76.1k to Pakistan. The main products that Armenia exported to Pakistan were Vaccines, blood, antisera, toxins and cultures ($367k), Tanned Equine and Bovine Hides ($18.3k), and Industrial Fatty Acids, Oils and Alcohols ($15.5k). Over the past 5 years the exports of Armenia to Pakistan have decreased at an annualized rate of 18.6%,  from $213k in 2017 to $76.1k in 2022.

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

Comparison: In 2022,  Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). 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
Value

In 2022, Pakistan exported $2.99M to Armenia. The main products exported from Pakistan to Armenia were Rice ($1.41M), Non-Knit Men's Suits ($838k), and Citrus ($705k). During the last 5 years the exports of Pakistan to Armenia have increased at an annualized rate of 244%, from $6.18k in 2017 to $2.99M in 2022.

In 2017, Armenia exported $76.1k to Pakistan. The main products exported from Armenia to Pakistan were Vaccines, blood, antisera, toxins and cultures ($367k), Tanned Equine and Bovine Hides ($18.3k), and Industrial Fatty Acids, Oils and Alcohols ($15.5k). During the last 20 years the exports of Armenia to Pakistan have decreased at an annualized rate of 18.6%, from $213k in 1997 to $76.1k in 2017.

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

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

Latest Data

Trade between Pakistan (Flag) and Armenia (Flag)

Pakistan Exports

Armenia Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$6.47B
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Pakistan than Armenia included United States ($6.47B), Germany ($2.8B), and United Kingdom ($2.41B).

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

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

Comparative Advantage Pakistan - Armenia

Flow
Scale

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

During 2022, Pakistan had a large net trade with Armenia in the exports of Textiles ($3.57M), Vegetable Products ($2.17M), and Chemical Products ($854k).

During 2017, Armenia had a large net trade with Pakistan in the exports of Chemical Products ($383k) and Animal Hides ($18.3k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Armenia+$1.05MNon-Knit Men's Suits
Top Product Potential Armenia Pakistan+$439kVaccines, blood, antisera, toxins and cultures

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 Pakistan and Armenia. This means that a dot/product with the flag of Pakistan indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Pakistan.

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

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