2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$477BCURRENT US$
Rnk 31 / 186
2012-2022
Flag
GDP GROWTH
70.8%CURRENT US$
Rnk 29 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$4,295CURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP PC GROWTH
40.4%CURRENT US$
Rnk 48 / 186

About

Armenia-Egypt Trade: In 2022, Armenia exported $171k to Egypt. The main products that Armenia exported to Egypt were Rolled Tobacco ($65.5k), Jewellery ($49.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($21.9k). Over the past 5 years the exports of Armenia to Egypt have increased at an annualized rate of 35.3%, from $37.7k in 2017 to $171k in 2022.

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

Egypt-Armenia Trade: In 2022, Egypt exported $23.5M to Armenia. The main products that Egypt exported to Armenia were Refined Petroleum ($10.5M), Office Machine Parts ($2.88M), and Citrus ($2.21M). Over the past 5 years the exports of Egypt to Armenia have increased at an annualized rate of 25.2%,  from $4.87M in 2017 to $23.5M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $171k to Egypt. The main products exported from Armenia to Egypt were Rolled Tobacco ($65.5k), Jewellery ($49.2k), and Motor vehicles; parts and accessories (8701 to 8705) ($21.9k). During the last 5 years the exports of Armenia to Egypt have increased at an annualized rate of 35.3%, from $37.7k in 2017 to $171k in 2022.

In 2017, Egypt exported $23.5M to Armenia. The main products exported from Egypt to Armenia were Refined Petroleum ($10.5M), Office Machine Parts ($2.88M), and Citrus ($2.21M). During the last 5 years the exports of Egypt to Armenia have increased at an annualized rate of 25.2%, from $4.87M in 2022 to $23.5M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Egypt (Flag)

Armenia Exports

Egypt Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Egypt
Top Destination
Turkey$4.23B

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

In 2022, countries that imported more from Armenia than Egypt included Russia ($2.36B), Georgia ($260M), and Iran ($111M).

In 2022, countries that imported more from Egypt than Armenia included Turkey ($4.23B), Italy ($3.32B), and United States ($3.21B).

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

Comparative Advantage Armenia - Egypt

Flow
Scale

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

During 2022, Armenia had a large net trade with Egypt in the exports of Foodstuffs ($65.5k), Precious Metals ($49.2k), and Transportation ($21.9k).

During 2017, Egypt had a large net trade with Armenia in the exports of Mineral Products ($11.2M), Vegetable Products ($4.62M), and Machines ($4.07M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Egypt+$210kRolled Tobacco
Top Product Potential Egypt Armenia+$5.33MRefined Petroleum

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

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

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