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2022
Flag → Flag
Exports $51.1kRnk 99 / 129
2022
Flag → Flag
Top Product $23.2kLiquid Pumps
2022
Flag → Flag
Exports $329MRnk 135 / 139
2022
Flag → Flag
Top Product $84Wood Ornaments
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$15.4BCURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP GROWTH278%CURRENT US$
Rnk 1 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$18,990CURRENT US$
Rnk 53 / 186
2012-2022
Flag
GDP PC GROWTH248%CURRENT US$
Rnk 1 / 186

About

Armenia-Guyana Trade: In 2022, Armenia exported $51.1k to Guyana. The main products that Armenia exported to Guyana were Liquid Pumps ($23.2k), Broadcasting Equipment ($21.7k), and Centrifuges ($4.83k). Over the past 19 years the exports of Armenia to Guyana have decreased at an annualized rate of 1.1%, from $63k in 2003 to $51.1k in 2022.

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

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

In 2022, Guyana 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, Guyana ranked 80 in total exports ($18.5B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $51.1k to Guyana. The main products exported from Armenia to Guyana were Liquid Pumps ($23.2k), Broadcasting Equipment ($21.7k), and Centrifuges ($4.83k). During the last 19 years the exports of Armenia to Guyana have decreased at an annualized rate of 1.1%, from $63k in 2003 to $51.1k in 2022.

Guyana does not register exports to Armenia. The main products exported from Guyana to Armenia were Wood Ornaments ($84) and Other Processed Fruits and Nuts ($25).

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

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

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Guyana
Top DestinationPanama$5.84B

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

In 2022, countries that imported more from Armenia than Guyana included Russia ($2.36B), Georgia ($260M), and Switzerland ($257M).

In 2022, countries that imported more from Guyana than Armenia included Panama ($5.84B), Netherlands ($2.86B), and United States ($2.37B).

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

Comparative Advantage Armenia - Guyana

Flow
Scale

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

During 2022, Armenia had a large net trade with Guyana in the exports of Machines ($49.7k) and Transportation ($1.34k).

Economic Complexity

Competitive Landscape

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

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

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