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Pricing

2023
Flag → Flag
Exports $19.3kRnk 110 / 133
2023
Flag → Flag
Top Product $19.3kCereal Meal and Pellets
2023
Flag → Flag
Exports $2.57kRnk 81 / 101
2023
Flag → Flag
Top Product $1.47kMotor vehicles; parts and accessories (8701 to 8705)
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag
Economic Complexity (ECI) ECI -1.94Rnk 130 / 132
2023
Flag  
GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP$66.4BCURRENT US$
Rnk 87 / 195
2013-2023
Flag
GDP GROWTH103%CURRENT US$
Rnk 12 / 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$628CURRENT US$
Rnk 188 / 196
2013-2023
Flag
GDP PC GROWTH45.5%CURRENT US$
Rnk 51 / 195

About

Armenia-Democratic Republic of the Congo Trade: In 2023, Armenia exported $19.3k to Democratic Republic of the Congo. The main products that Armenia exported to Democratic Republic of the Congo were Cereal Meal and Pellets ($19.3k). Over the past 8 years the exports of Armenia to Democratic Republic of the Congo have increased at an annualized rate of 17.4%, from $5.35k in 2015 to $19.3k in 2023.

In 2023, Armenia did not export any services to Democratic Republic of the Congo.

Democratic Republic of the Congo-Armenia Trade: In 2023, Democratic Republic of the Congo exported $2.57k to Armenia. The main products that Democratic Republic of the Congo exported to Armenia were Motor vehicles; parts and accessories (8701 to 8705) ($1.47k), Other Animals ($1.05k), and Non-Knit Men's Suits ($52). Over the past 8 years the exports of Democratic Republic of the Congo to Armenia have decreased at an annualized rate of 47.1%,  from $62k in 2015 to $2.57k in 2023.

In 2023, Democratic Republic of the Congo 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, Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.94), and 78 in total exports ($20.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $19.3k to Democratic Republic of the Congo. The main products exported from Armenia to Democratic Republic of the Congo were Cereal Meal and Pellets ($19.3k). During the last 8 years the exports of Armenia to Democratic Republic of the Congo have increased at an annualized rate of 17.4%, from $5.35k in 2015 to $19.3k in 2023.

In 2018, Democratic Republic of the Congo exported $2.57k to Armenia. The main products exported from Democratic Republic of the Congo to Armenia were Motor vehicles; parts and accessories (8701 to 8705) ($1.47k), Other Animals ($1.05k), and Non-Knit Men's Suits ($52). During the last 5 years the exports of Democratic Republic of the Congo to Armenia have decreased at an annualized rate of 47.1%, from $62k in 2023 to $2.57k in 2018.

Exports from Armenia (Flag) to Democratic Republic of the Congo (Flag) (2023)

Exports from Democratic Republic of the Congo (Flag) to Armenia (Flag) (2023)

Latest Data

Trade between Armenia (Flag) and Democratic Republic of the Congo (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Democratic Republic of the Congo
Top DestinationChina$14.3B

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

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

In 2023, countries that imported more from Democratic Republic of the Congo than Armenia included China ($14.3B), India ($684M), and Spain ($672M).

Difference in imports from Democratic Republic of the Congo (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Democratic Republic of the Congo

Flow
Scale

This chart compares trade between Armenia and Democratic Republic of the Congo by product, considering products traded by both, Armenia and Democratic Republic of the Congo.

During 2023, Armenia had a large net trade with Democratic Republic of the Congo in the exports of Vegetable Products ($19.3k).

During 2018, Democratic Republic of the Congo had a large net trade with Armenia in the exports of Transportation ($1.47k), Animal Products ($1.05k), and Textiles ($52).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Democratic Republic of the Congo+$2.37kTelephones
Top Product Potential Democratic Republic of the Congo Armenia+$3.2kDiamonds

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

Product Space of Armenia (Flag) and Democratic Republic of the Congo (Flag) (2023)

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