2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$51BCURRENT US$
Rnk 90 / 195
2013-2023
Flag
GDP GROWTH
47.9%CURRENT US$
Rnk 78 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC
$4,456CURRENT US$
Rnk 126 / 196
2013-2023
Flag
GDP PC GROWTH
3.35%CURRENT US$
Rnk 148 / 195

About

Armenia-Jordan Trade: In 2023, Armenia exported $518k to Jordan. The main products that Armenia exported to Jordan were Processed Tobacco ($384k), Rubber Tires ($61.6k), and Other Furniture ($36.8k). Over the past 5 years the exports of Armenia to Jordan have increased at an annualized rate of 92.4%, from $19.6k in 2018 to $518k in 2023.

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

Jordan-Armenia Trade: In 2023, Jordan exported $2.33M to Armenia. The main products that Jordan exported to Armenia were Processed Tobacco ($1.55M), Pesticides ($267k), and Mixed Mineral or Chemical Fertilizers ($195k). Over the past 5 years the exports of Jordan to Armenia have increased at an annualized rate of 23.2%,  from $821k in 2018 to $2.33M in 2023.

In 2023, Jordan 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, Jordan ranked 64 in the Economic Complexity Index (ECI -0.015), and 88 in total exports ($14.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $518k to Jordan. The main products exported from Armenia to Jordan were Processed Tobacco ($384k), Rubber Tires ($61.6k), and Other Furniture ($36.8k). During the last 5 years the exports of Armenia to Jordan have increased at an annualized rate of 92.4%, from $19.6k in 2018 to $518k in 2023.

In 2018, Jordan exported $2.33M to Armenia. The main products exported from Jordan to Armenia were Processed Tobacco ($1.55M), Pesticides ($267k), and Mixed Mineral or Chemical Fertilizers ($195k). During the last 5 years the exports of Jordan to Armenia have increased at an annualized rate of 23.2%, from $821k in 2023 to $2.33M in 2018.

Exports from Armenia (Flag) to Jordan (Flag) (2023)

Exports from Jordan (Flag) to Armenia (Flag) (2023)

Latest Data

Trade between Armenia (Flag) and Jordan (Flag)

Armenia Exports

Jordan Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Jordan
Top Destination
United States$3.14B

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

In 2023, countries that imported more from Armenia than Jordan included Russia ($3.38B), United Arab Emirates ($2.25B), and Hong Kong ($669M).

In 2023, countries that imported more from Jordan than Armenia included United States ($3.14B), India ($1.92B), and Saudi Arabia ($1.67B).

Difference in imports from Jordan (Flag) and Armenia (Flag) (2023)

Comparative Advantage Armenia - Jordan

Flow
Scale

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

During 2023, Armenia had a large net trade with Jordan in the exports of Foodstuffs ($409k), Plastics and Rubbers ($61.6k), and Miscellaneous ($36.8k).

During 2018, Jordan had a large net trade with Armenia in the exports of Foodstuffs ($1.56M), Chemical Products ($546k), and Textiles ($151k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Jordan+$48.3kHard Liquor
Top Product Potential Jordan Armenia+$193kMixed Mineral or Chemical Fertilizers

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 Jordan. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Jordan. Similarly, a dot/product with the flag of Jordan indicates it has a comparative advantage over Armenia.

Product Space of Armenia (Flag) and Jordan (Flag) (2023)

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