Armenia-Ethiopia Trade: In 2021, Armenia exported $3.78k to Ethiopia. The main products that Armenia exported to Ethiopia were N/A. Over the past 5 years the exports of Armenia to Ethiopia have decreased at an annualized rate of 12.6%, from $7.4k in 2016 to $3.78k in 2021.
In 2021, Armenia did not export any services to Ethiopia.
Ethiopia-Armenia Trade: In 2021, Ethiopia exported $1.05M to Armenia. The main products that Ethiopia exported to Armenia were Coffee ($1.02M), Knit Sweaters ($15.8k), and Non-Knit Women's Suits ($5.02k). Over the past 5 years the exports of Ethiopia to Armenia have increased at an annualized rate of 25.5%, from $336k in 2016 to $1.05M in 2021.
In 2021, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).