Uganda (UGA) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Uganda-Armenia Trade: In 2022, Uganda exported $972k to Armenia. The main products that Uganda exported to Armenia were Coffee ($965k), Other live plants, cuttings and slips; mushroom spawn ($3.14k), and Other Oily Seeds ($1.88k). Over the past 5 years the exports of Uganda to Armenia have increased at an annualized rate of 30%, from $261k in 2017 to $972k in 2022.

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

Armenia-Uganda Trade: In 2022, Armenia exported $12 to Uganda. The main products that Armenia exported to Uganda were Hard Liquor ($12). Over the past 5 years the exports of Armenia to Uganda have decreased at an annualized rate of 55.3%, from $671 in 2017 to $12 in 2022.

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

Comparison: In 2022, Uganda ranked 105 in the Economic Complexity Index (ECI -0.85), and 135 in total exports ($3.99B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Uganda exported $972k to Armenia. The main products exported from Uganda to Armenia were Coffee ($965k), Other live plants, cuttings and slips; mushroom spawn ($3.14k), and Other Oily Seeds ($1.88k). During the last 5 years the exports of Uganda to Armenia have increased at an annualized rate of 30%, from $261k in 2017 to $972k in 2022.

In 2017, Armenia exported $12 to Uganda. The main products exported from Armenia to Uganda were Hard Liquor ($12). During the last 5 years the exports of Armenia to Uganda have decreased at an annualized rate of 55.3%, from $671 in 2022 to $12 in 2017.

Exports from Uganda () to Armenia () (2022)

Exports from Armenia () to Uganda () (2022)

Latest Data

Trade between Uganda () and Armenia ()

Uganda Exports

Date

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Uganda
Top DestinationUnited Arab Emirates$1.22B

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Uganda than Armenia included United Arab Emirates ($1.22B), Hong Kong ($350M), and Kenya ($312M).

In 2022, countries that imported more from Armenia than Uganda included Russia ($2.36B), China ($420M), and Georgia ($260M).

Difference in imports from Armenia () and Uganda () (2022)

Comparative Advantage Uganda - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Uganda had a large net trade with Armenia in the exports of Vegetable Products ($972k).

During 2017, Armenia had a large net trade with Uganda in the exports of Foodstuffs ($12).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Uganda Armenia+$629kCoffee

Top Product Potential Armenia Uganda+$2.43kTelephones

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Uganda () to Armenia () (2022)

Exports from Armenia () to Uganda () (2022)

Latest Data

Trade between Uganda () and Armenia ()

Uganda Exports

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and Uganda () (2022)

Comparative Advantage Uganda - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Uganda () and Armenia () (2022)

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