2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$46.1BCURRENT US$
Rnk 94 / 195
2013-2023
Flag
GDP GROWTH
36.2%CURRENT US$
Rnk 100 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$29,219CURRENT US$
Rnk 48 / 196
2013-2023
Flag
GDP PC GROWTH
8.26%CURRENT US$
Rnk 140 / 195

About

Armenia-Bahrain Trade: In 2023, Armenia exported $169k to Bahrain. The main products that Armenia exported to Bahrain were Other Furniture ($42.4k), Non-Knit Women's Suits ($17.2k), and Non-Knit Men's Coats ($14.4k). Over the past 5 years the exports of Armenia to Bahrain have increased at an annualized rate of 6.01%, from $126k in 2018 to $169k in 2023.

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

Bahrain-Armenia Trade: In 2023, Bahrain exported $276k to Armenia. The main products that Bahrain exported to Armenia were Microphones and Headphones ($270k), Perfumes ($5.2k), and Other Edible Preparations ($1.08k). Over the past 5 years the exports of Bahrain to Armenia have increased at an annualized rate of 29.3%,  from $76.2k in 2018 to $276k in 2023.

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

Comparison In 2023,  Armenia ranked 57 in the Economic Complexity Index (ECI 0.094),  and 107 in total exports ($9.02B). That same year, Bahrain ranked 81 in total exports ($19.9B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $169k to Bahrain. The main products exported from Armenia to Bahrain were Other Furniture ($42.4k), Non-Knit Women's Suits ($17.2k), and Non-Knit Men's Coats ($14.4k). During the last 5 years the exports of Armenia to Bahrain have increased at an annualized rate of 6.01%, from $126k in 2018 to $169k in 2023.

In 2018, Bahrain exported $276k to Armenia. The main products exported from Bahrain to Armenia were Microphones and Headphones ($270k), Perfumes ($5.2k), and Other Edible Preparations ($1.08k). During the last 5 years the exports of Bahrain to Armenia have increased at an annualized rate of 29.3%, from $76.2k in 2023 to $276k in 2018.

Exports from Armenia (Flag) to Bahrain (Flag) (2023)

Exports from Bahrain (Flag) to Armenia (Flag) (2023)

Latest Data

Trade between Armenia (Flag) and Bahrain (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Bahrain
Top Destination
United Arab Emirates$3.12B

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

In 2023, countries that imported more from Armenia than Bahrain included Russia ($3.38B), Hong Kong ($669M), and Georgia ($340M).

In 2023, countries that imported more from Bahrain than Armenia included Saudi Arabia ($2.96B), South Africa ($1.52B), and United States ($1.23B).

Difference in imports from Bahrain (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Bahrain

Flow
Scale

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

During 2023, Armenia had a large net trade with Bahrain in the exports of Textiles ($56.9k), Miscellaneous ($46.3k), and Foodstuffs ($36.4k).

During 2018, Bahrain had a large net trade with Armenia in the exports of Machines ($270k), Chemical Products ($5.2k), and Foodstuffs ($1.08k).

Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and Bahrain (Flag) (2023)

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