2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$21.1BCURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP GROWTH
22.7%CURRENT US$
Rnk 114 / 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
$8,820CURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP PC GROWTH
-5.65%CURRENT US$
Rnk 156 / 186

About

Armenia-Gabon Trade: In 2021, Armenia exported $1.43k to Gabon. The main products that Armenia exported to Gabon were N/A. Over the past 7 years the exports of Armenia to Gabon have decreased at an annualized rate of 59.9%, from $863k in 2014 to $1.43k in 2021.

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

Gabon-Armenia In N/A, Gabon did not export any products to Armenia.

In 2021, Gabon 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, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Armenia exported $1.43k to Gabon. There were not main exports from Armenia to Gabon in 2021. During the last 7 years the exports of Armenia to Gabon have decreased at an annualized rate of 59.9%, from $863k in 2014 to $1.43k in 2021.

Gabon does not register exports to Armenia.

Exports from Armenia (Flag) to Gabon (Flag) (2021)

Exports from Gabon (Flag) to Armenia (Flag) (2021)

Latest Data

Trade between Armenia (Flag) and Gabon (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Gabon
Top Destination
China$3.4B

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

In 2022, countries that imported more from Armenia than Gabon included Russia ($2.36B), United Arab Emirates ($535M), and Switzerland ($257M).

In 2022, countries that imported more from Gabon than Armenia included China ($3.4B), South Korea ($617M), and Italy ($576M).

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

Comparative Advantage Armenia - Gabon

Flow
Scale

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

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

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Gabon+$1.63kCars
Top Product Potential Gabon Armenia+$2.12kRefined 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 Gabon. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Gabon. Similarly, a dot/product with the flag of Gabon indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Gabon (Flag) (2021)

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