Armenia (ARM) and Algeria (DZA) Trade | The Observatory of Economic Complexity

About

Armenia-Algeria Trade: In 2021, Armenia exported $9.11k to Algeria. The main products that Armenia exported to Algeria were N/A. Over the past 8 years the exports of Armenia to Algeria have increased at an annualized rate of 50.1%, from $353 in 2013 to $9.11k in 2021.

In 2021, Armenia did not export any services to Algeria.

Algeria-Armenia Trade: In 2021, Algeria exported $84.2k to Armenia. The main products that Algeria exported to Armenia were Hydrogen ($81.4k), Harvesting Machinery ($1.98k), and Rubber Belting ($254). Over the past 8 years the exports of Algeria to Armenia have increased at an annualized rate of 189%, from $421 in 2013 to $84.2k in 2021.

In 2021, Algeria 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, Algeria ranked 99 in the Economic Complexity Index (ECI -0.75), and 57 in total exports ($52.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2021, Armenia exported $9.11k to Algeria. There were not main exports from Armenia to Algeria in 2021. During the last 8 years the exports of Armenia to Algeria have increased at an annualized rate of 50.1%, from $353 in 2013 to $9.11k in 2021.

In 2018, Algeria exported $84.2k to Armenia. The main products exported from Algeria to Armenia were Hydrogen ($81.4k), Harvesting Machinery ($1.98k), and Rubber Belting ($254). During the last 5 years the exports of Algeria to Armenia have increased at an annualized rate of 189%, from $421 in 2023 to $84.2k in 2018.

Exports from Armenia () to Algeria () (2023)

Exports from Algeria () to Armenia () (2023)

Latest Data

Trade between Armenia () and Algeria ()

Armenia Exports

Date

Algeria Exports

Date

May 2016

Oct 2015

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Algeria
Top DestinationItaly$15.2B

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

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

In 2023, countries that imported more from Algeria than Armenia included Italy ($15.2B), France ($7.29B), and Spain ($6.73B).

Difference in imports from Algeria () and Armenia () (2023)

Comparative Advantage Armenia - Algeria

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2021, Armenia had a large net trade with Algeria in the exports of .

During 2018, Algeria had a large net trade with Armenia in the exports of Chemical Products ($81.4k), Machines ($2.31k), and Plastics and Rubbers ($254).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Algeria+$3.35kCars

Top Product Potential Algeria Armenia+$57.9kTropical Fruits

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Algeria () (2023)

Exports from Algeria () to Armenia () (2023)

Latest Data

Trade between Armenia () and Algeria ()

Armenia Exports

Algeria Exports

Market Competitiveness

Difference in imports from Algeria () and Armenia () (2023)

Comparative Advantage Armenia - Algeria

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Armenia () and Algeria () (2023)

Keep Exploring