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Pricing

2022
Flag → Flag
Exports $85.3kRnk 91 / 129
2022
Flag → Flag
Top Product $30.9kWine
2022
Flag → Flag
Exports $7.08MRnk 132 / 168
2022
Flag → Flag
Top Product $4.43MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.064Rnk 61 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH4.61%CURRENT US$
Rnk 129 / 186

About

Armenia-Argentina Trade: In 2022, Armenia exported $85.3k to Argentina. The main products that Armenia exported to Argentina were Wine ($30.9k), Engine Parts ($17.6k), and Beer ($9.74k). Over the past 5 years the exports of Armenia to Argentina have decreased at an annualized rate of 7.08%, from $123k in 2017 to $85.3k in 2022.

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

Argentina-Armenia Trade: In 2022, Argentina exported $7.08M to Armenia. The main products that Argentina exported to Armenia were Soybean Meal ($4.43M), Raw Tobacco ($966k), and Crustaceans ($378k). Over the past 5 years the exports of Argentina to Armenia have increased at an annualized rate of 3.87%,  from $5.86M in 2017 to $7.08M in 2022.

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

Comparison: In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $85.3k to Argentina. The main products exported from Armenia to Argentina were Wine ($30.9k), Engine Parts ($17.6k), and Beer ($9.74k). During the last 5 years the exports of Armenia to Argentina have decreased at an annualized rate of 7.08%, from $123k in 2017 to $85.3k in 2022.

In 2017, Argentina exported $7.08M to Armenia. The main products exported from Argentina to Armenia were Soybean Meal ($4.43M), Raw Tobacco ($966k), and Crustaceans ($378k). During the last 5 years the exports of Argentina to Armenia have increased at an annualized rate of 3.87%, from $5.86M in 2022 to $7.08M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Argentina (Flag)

Armenia Exports

Argentina Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Argentina
Top DestinationBrazil$12.6B

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

In 2022, countries that imported more from Armenia than Argentina included Russia ($2.36B), Georgia ($260M), and United Arab Emirates ($535M).

In 2022, countries that imported more from Argentina than Armenia included Brazil ($12.6B), China ($8B), and United States ($6.99B).

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

Comparative Advantage Armenia - Argentina

Flow
Scale

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

During 2022, Armenia had a large net trade with Argentina in the exports of Foodstuffs ($49.9k), Machines ($26.7k), and Textiles ($7.94k).

During 2017, Argentina had a large net trade with Armenia in the exports of Foodstuffs ($5.41M), Animal Products ($859k), and Vegetable Products ($474k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Argentina+$29.1kOther Processed Fruits and Nuts
Top Product Potential Argentina Armenia+$691kSoybean Meal

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

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

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