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Pricing

2022
Flag → Flag
Exports $10.8MRnk 30 / 129
2022
Flag → Flag
Top Product $9.02MMolybdenum Ore
2022
Flag → Flag
Exports $6.64MRnk 96 / 185
2022
Flag → Flag
Top Product $2.94MNon-fillet Frozen Fish
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 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$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Armenia-Chile Trade: In 2022, Armenia exported $10.8M to Chile. The main products that Armenia exported to Chile were Molybdenum Ore ($9.02M), Molybdenum ($1.69M), and Other Processed Fruits and Nuts ($22.6k). Over the past 5 years the exports of Armenia to Chile have increased at an annualized rate of 369%, from $4.77k in 2017 to $10.8M in 2022.

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

Chile-Armenia Trade: In 2022, Chile exported $6.64M to Armenia. The main products that Chile exported to Armenia were Non-fillet Frozen Fish ($2.94M), Other Nuts ($1.82M), and Sowing Seeds ($305k). Over the past 5 years the exports of Chile to Armenia have increased at an annualized rate of 45.5%,  from $1.02M in 2017 to $6.64M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $10.8M to Chile. The main products exported from Armenia to Chile were Molybdenum Ore ($9.02M), Molybdenum ($1.69M), and Other Processed Fruits and Nuts ($22.6k). During the last 5 years the exports of Armenia to Chile have increased at an annualized rate of 369%, from $4.77k in 2017 to $10.8M in 2022.

In 2017, Chile exported $6.64M to Armenia. The main products exported from Chile to Armenia were Non-fillet Frozen Fish ($2.94M), Other Nuts ($1.82M), and Sowing Seeds ($305k). During the last 5 years the exports of Chile to Armenia have increased at an annualized rate of 45.5%, from $1.02M in 2022 to $6.64M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Chile (Flag)

Armenia Exports

Chile Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Armenia than Chile included Russia ($2.36B), United Arab Emirates ($535M), and Iraq ($250M).

In 2022, countries that imported more from Chile than Armenia included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Armenia - Chile

Flow
Scale

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

During 2022, Armenia had a large net trade with Chile in the exports of Mineral Products ($9.02M), Metals ($1.69M), and Foodstuffs ($23.7k).

During 2017, Chile had a large net trade with Armenia in the exports of Animal Products ($3.22M), Vegetable Products ($2.71M), and Foodstuffs ($540k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Chile+$64kOther Processed Fruits and Nuts
Top Product Potential Chile Armenia+$249kFish Fillets

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

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

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