2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$21BCURRENT US$
Rnk 118 / 195
2013-2023
Flag
GDP GROWTH
21.8%CURRENT US$
Rnk 134 / 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
$623CURRENT US$
Rnk 189 / 196
2013-2023
Flag
GDP PC GROWTH
-9.25%CURRENT US$
Rnk 167 / 195

About

Armenia-Mozambique Trade: In 2023, Armenia exported $187k to Mozambique. The main products that Armenia exported to Mozambique were Plastic Pipes ($138k), Valves ($48k), and Motor-working Tools ($1k). Over the past 6 years the exports of Armenia to Mozambique have increased at an annualized rate of 124%, from $1.47k in 2017 to $187k in 2023.

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

Mozambique-Armenia Trade: In 2023, Mozambique exported $23.9k to Armenia. The main products that Mozambique exported to Armenia were Precious Stones ($23.9k). Over the past 6 years the exports of Mozambique to Armenia have increased at an annualized rate of 128%,  from $385 in 2017 to $23.9k in 2023.

In 2023, Mozambique 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, Mozambique ranked 122 in the Economic Complexity Index (ECI -1.27), and 97 in total exports ($11.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $187k to Mozambique. The main products exported from Armenia to Mozambique were Plastic Pipes ($138k), Valves ($48k), and Motor-working Tools ($1k). During the last 6 years the exports of Armenia to Mozambique have increased at an annualized rate of 124%, from $1.47k in 2017 to $187k in 2023.

In 2018, Mozambique exported $23.9k to Armenia. The main products exported from Mozambique to Armenia were Precious Stones ($23.9k). During the last 5 years the exports of Mozambique to Armenia have increased at an annualized rate of 128%, from $385 in 2023 to $23.9k in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Mozambique (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Mozambique
Top Destination
India$2.13B

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

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

In 2023, countries that imported more from Mozambique than Armenia included India ($2.13B), China ($1.56B), and South Africa ($1.04B).

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

Comparative Advantage Armenia - Mozambique

Flow
Scale

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

During 2023, Armenia had a large net trade with Mozambique in the exports of Plastics and Rubbers ($138k) and Machines ($49k).

During 2018, Mozambique had a large net trade with Armenia in the exports of Precious Metals ($23.9k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Mozambique+$2.84kFerroalloys
Top Product Potential Mozambique Armenia+$177kPrecious Stones

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

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

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