Armenia (ARM) and France (FRA) Trade | The Observatory of Economic Complexity

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Armenia-France Trade: In 2023, Armenia exported $11.7M to France. The main products that Armenia exported to France were Aluminium Foil ($2.83M), Aluminium Structures ($2.12M), and Optical Fibers and optical fibre bundles ($1.31M). Over the past 5 years the exports of Armenia to France have decreased at an annualized rate of 8.17%, from $17.9M in 2018 to $11.7M in 2023.

In 2023, Armenia did not export any services to France.

France-Armenia Trade: In 2023, France exported $179M to Armenia. The main products that France exported to Armenia were Planes, Helicopters, and/or Spacecraft ($35.2M), Packaged Medicaments ($14.6M), and Vegetable Saps ($10.5M). Over the past 5 years the exports of France to Armenia have increased at an annualized rate of 9.7%, from $112M in 2018 to $179M in 2023.

In 2023, France 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, France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $11.7M to France. The main products exported from Armenia to France were Aluminium Foil ($2.83M), Aluminium Structures ($2.12M), and Optical Fibers and optical fibre bundles ($1.31M). During the last 5 years the exports of Armenia to France have decreased at an annualized rate of 8.17%, from $17.9M in 2018 to $11.7M in 2023.

In 2018, France exported $179M to Armenia. The main products exported from France to Armenia were Planes, Helicopters, and/or Spacecraft ($35.2M), Packaged Medicaments ($14.6M), and Vegetable Saps ($10.5M). During the last 5 years the exports of France to Armenia have increased at an annualized rate of 9.7%, from $112M in 2023 to $179M in 2018.

Exports from Armenia () to France () (2023)

Exports from France () to Armenia () (2023)

Latest Data

Trade between Armenia () and France ()

Armenia Exports

Date

France Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

France
Top DestinationGermany$72.8B

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

In 2023, countries that imported more from Armenia than France included Russia ($3.38B), Botswana ($114M), and Georgia ($340M).

In 2023, countries that imported more from France than Armenia included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

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

Comparative Advantage Armenia - France

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Armenia had a large net trade with France in the exports of Metals ($5.07M), Foodstuffs ($1.8M), and Instruments ($1.71M).

During 2018, France had a large net trade with Armenia in the exports of Transportation ($47.3M), Chemical Products ($40.4M), and Machines ($23M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia France+$2.3MAluminium Foil

Top Product Potential France Armenia+$5.64MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to France () (2023)

Exports from France () to Armenia () (2023)

Latest Data

Trade between Armenia () and France ()

Armenia Exports

France Exports

Market Competitiveness

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

Comparative Advantage Armenia - France

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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