2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

North Korea-Armenia Trade: In 2022, North Korea exported $95k to Armenia. The main products that North Korea exported to Armenia were Other Processed Fruits and Nuts ($44.2k), Cars ($27.7k), and Ethers ($7.81k). Over the past 5 years the exports of North Korea to Armenia have decreased at an annualized rate of 29.3%, from $538k in 2017 to $95k in 2022.

In 2022, North Korea did not export any services to Armenia.

Armenia-North Korea In false, Armenia did not export any products to North Korea.

In 2022, Armenia did not export any services to North Korea.

Comparison In 2022,  North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index. 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, North Korea exported $95k to Armenia. The main products exported from North Korea to Armenia were Other Processed Fruits and Nuts ($44.2k), Cars ($27.7k), and Ethers ($7.81k). During the last 5 years the exports of North Korea to Armenia have decreased at an annualized rate of 29.3%, from $538k in 2017 to $95k in 2022.

Armenia does not register exports to North Korea.

Exports from North Korea (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to North Korea (Flag) (2022)

Market Competitiveness

Color
North Korea
Top Destination
China$131M
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from North Korea than Armenia included Senegal ($26.9M), Nigeria ($14M), and Luxembourg ($6.44M).

In 2022, countries that imported more from Armenia than North Korea included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

Difference in imports from Armenia (Flag) and North Korea (Flag) (2022)

Comparative Advantage North Korea - Armenia

Flow
Scale

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

During 2022, North Korea had a large net trade with Armenia in the exports of Foodstuffs ($44.4k), Transportation ($29.7k), and Chemical Products ($10.2k).

Economic Complexity

Competitive Landscape

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

Product Space of North Korea (Flag) and Armenia (Flag) (2022)

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