Zambia (ZMB) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Zambia-Armenia Trade: In 2023, Zambia exported $253k to Armenia. The main products that Zambia exported to Armenia were Raw Tobacco ($131k), Precious Stones ($116k), and Sowing Seeds ($5.94k). Over the past 5 years the exports of Zambia to Armenia have increased at an annualized rate of 22.7%, from $91k in 2018 to $253k in 2023.

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

Armenia-Zambia In N/A, Armenia did not export any products to Zambia.

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

Comparison: In 2023, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B). 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, Zambia exported $253k to Armenia. The main products exported from Zambia to Armenia were Raw Tobacco ($131k), Precious Stones ($116k), and Sowing Seeds ($5.94k). During the last 5 years the exports of Zambia to Armenia have increased at an annualized rate of 22.7%, from $91k in 2018 to $253k in 2023.

Armenia does not register exports to Zambia. The main products exported from Armenia to Zambia were Iron Fasteners ($1.06k) and Other Animals ($217).

Exports from Zambia () to Armenia () (2023)

Exports from Armenia () to Zambia () (2023)

Latest Data

Trade between Zambia () and Armenia ()

Zambia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Zambia
Top DestinationSwitzerland$4.26B

Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Zambia than Armenia included Switzerland ($4.26B), India ($2.11B), and China ($2.39B).

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

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

Comparative Advantage Zambia - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Zambia had a large net trade with Armenia in the exports of Foodstuffs ($131k), Precious Metals ($116k), and Vegetable Products ($5.94k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Zambia Armenia+$151kRaw Tobacco

Top Product Potential Armenia Zambia+$2.76kCopper Ore

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

About

Historical Data

Bilateral Trade by Products

Exports from Zambia () to Armenia () (2023)

Exports from Armenia () to Zambia () (2023)

Latest Data

Trade between Zambia () and Armenia ()

Zambia Exports

Market Competitiveness

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

Comparative Advantage Zambia - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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