Armenia-Italy Trade: In 2022, Armenia exported $65.8M to Italy. The main products that Armenia exported to Italy were Non-Knit Women's Coats ($25M), Non-Knit Men's Coats ($14.2M), and Aluminium Foil ($12.9M). Over the past 5 years the exports of Armenia to Italy have increased at an annualized rate of 12%, from $37.3M in 2017 to $65.8M in 2022.
In 2022, Armenia did not export any services to Italy.
Italy-Armenia Trade: In 2022, Italy exported $279M to Armenia. The main products that Italy exported to Armenia were Animal Food ($22.4M), Synthetic Filament Yarn Woven Fabric ($9.75M), and Other Non-Knit Clothing Accessories ($8.84M). Over the past 5 years the exports of Italy to Armenia have increased at an annualized rate of 9.38%, from $136M in 2017 to $279M in 2022.
In 2022, Italy 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, Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B).