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Pricing

2023
Flag → Flag
Exports $1.26MRnk 62 / 133
2023
Flag → Flag
Top Product $390kNon-Knit Women's Suits
2023
Flag → Flag
Exports $11.8kRnk 90 / 123
2023
Flag → Flag
Top Product $8.37kVideo and Card Games
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag  
GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP$45.8BCURRENT US$
Rnk 95 / 195
2013-2023
Flag
GDP GROWTH-11.1%CURRENT US$
Rnk 182 / 195
2023
Flag
GDP PC $8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195
2023
Flag
GDP PC$67,477CURRENT US$
Rnk 15 / 196
2013-2023
Flag
GDP PC GROWTH-22.5%CURRENT US$
Rnk 181 / 195

About

Armenia-Macau Trade: In 2023, Armenia exported $1.26M to Macau. The main products that Armenia exported to Macau were Non-Knit Women's Suits ($390k), Non-Knit Women's Coats ($357k), and Knit Women's Coats ($347k). Over the past 5 years the exports of Armenia to Macau have increased at an annualized rate of 124%, from $22.3k in 2018 to $1.26M in 2023.

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

Macau-Armenia Trade: In 2023, Macau exported $11.8k to Armenia. The main products that Macau exported to Armenia were Video and Card Games ($8.37k), Wallpaper ($925), and Liquid Pumps ($604). Over the past 5 years the exports of Macau to Armenia have increased at an annualized rate of 138%,  from $65 in 2018 to $11.8k in 2023.

In 2023, Macau 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, Macau ranked 145 in total exports ($1.93B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $1.26M to Macau. The main products exported from Armenia to Macau were Non-Knit Women's Suits ($390k), Non-Knit Women's Coats ($357k), and Knit Women's Coats ($347k). During the last 5 years the exports of Armenia to Macau have increased at an annualized rate of 124%, from $22.3k in 2018 to $1.26M in 2023.

In 2018, Macau exported $11.8k to Armenia. The main products exported from Macau to Armenia were Video and Card Games ($8.37k), Wallpaper ($925), and Liquid Pumps ($604). During the last 5 years the exports of Macau to Armenia have increased at an annualized rate of 138%, from $65 in 2023 to $11.8k in 2018.

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

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

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Macau
Top DestinationHong Kong$1.4B

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

In 2023, countries that imported more from Armenia than Macau included Russia ($3.38B), United Arab Emirates ($2.25B), and Georgia ($340M).

In 2023, countries that imported more from Macau than Armenia included Hong Kong ($1.4B), Philippines ($61M), and United States ($107M).

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

Comparative Advantage Armenia - Macau

Flow
Scale

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

During 2023, Armenia had a large net trade with Macau in the exports of Textiles ($1.25M), Animal Hides ($3.48k), and Footwear and Headwear ($1.01k).

During 2018, Macau had a large net trade with Armenia in the exports of Miscellaneous ($8.37k), Textiles ($1.48k), and Paper Goods ($931).

Economic Complexity

Competitive Landscape

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

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

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