NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $190kRnk 84 / 133
2023
Flag → Flag
Top Product $81.9kNon-Knit Women's Coats
2023
Flag → Flag
Exports $55.4MRnk 130 / 221
2023
Flag → Flag
Top Product $15.3MRaw Sugar
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag  
GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
GDP PC $8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC$10,295CURRENT US$
Rnk 89 / 196
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195

About

Armenia-Brazil Trade: In 2023, Armenia exported $190k to Brazil. The main products that Armenia exported to Brazil were Non-Knit Women's Coats ($81.9k), Non-Knit Men's Coats ($76.5k), and Medical Instruments ($18.8k). Over the past 5 years the exports of Armenia to Brazil have decreased at an annualized rate of 5.05%, from $246k in 2018 to $190k in 2023.

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

Brazil-Armenia Trade: In 2023, Brazil exported $55.4M to Armenia. The main products that Brazil exported to Armenia were Raw Sugar ($15.3M), Pig Meat ($10M), and Poultry Meat ($6.62M). Over the past 5 years the exports of Brazil to Armenia have increased at an annualized rate of 1.31%,  from $51.9M in 2018 to $55.4M in 2023.

In 2023, Brazil 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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $190k to Brazil. The main products exported from Armenia to Brazil were Non-Knit Women's Coats ($81.9k), Non-Knit Men's Coats ($76.5k), and Medical Instruments ($18.8k). During the last 5 years the exports of Armenia to Brazil have decreased at an annualized rate of 5.05%, from $246k in 2018 to $190k in 2023.

In 2018, Brazil exported $55.4M to Armenia. The main products exported from Brazil to Armenia were Raw Sugar ($15.3M), Pig Meat ($10M), and Poultry Meat ($6.62M). During the last 5 years the exports of Brazil to Armenia have increased at an annualized rate of 1.31%, from $51.9M in 2023 to $55.4M in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Brazil (Flag)

Armenia Exports

Brazil Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Brazil
Top DestinationChina$106B

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

In 2023, countries that imported more from Armenia than Brazil included Russia ($3.38B), Georgia ($340M), and Botswana ($114M).

In 2023, countries that imported more from Brazil than Armenia included China ($106B), United States ($37B), and Argentina ($17.2B).

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

Comparative Advantage Armenia - Brazil

Flow
Scale

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

During 2023, Armenia had a large net trade with Brazil in the exports of Textiles ($159k), Instruments ($18.8k), and Foodstuffs ($4k).

During 2018, Brazil had a large net trade with Armenia in the exports of Foodstuffs ($28.9M), Animal Products ($18.7M), and Machines ($3.24M).

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms