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Pricing

2022
Flag → Flag
Exports $401kRnk 70 / 129
2022
Flag → Flag
Top Product $367kVaccines, blood, antisera, toxins and cultures
2022
Flag → Flag
Exports $8.12MRnk 123 / 199
2022
Flag → Flag
Top Product $1.41MRice
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 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$1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Armenia-Pakistan Trade: In 2022, Armenia exported $401k to Pakistan. The main products that Armenia exported to Pakistan were Vaccines, blood, antisera, toxins and cultures ($367k), Tanned Equine and Bovine Hides ($18.3k), and Industrial Fatty Acids, Oils and Alcohols ($15.5k). Over the past 5 years the exports of Armenia to Pakistan have increased at an annualized rate of 39.4%, from $76.1k in 2017 to $401k in 2022.

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

Pakistan-Armenia Trade: In 2022, Pakistan exported $8.12M to Armenia. The main products that Pakistan exported to Armenia were Rice ($1.41M), Non-Knit Men's Suits ($838k), and Citrus ($705k). Over the past 5 years the exports of Pakistan to Armenia have increased at an annualized rate of 22.1%,  from $2.99M in 2017 to $8.12M in 2022.

In 2022, Pakistan 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, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $401k to Pakistan. The main products exported from Armenia to Pakistan were Vaccines, blood, antisera, toxins and cultures ($367k), Tanned Equine and Bovine Hides ($18.3k), and Industrial Fatty Acids, Oils and Alcohols ($15.5k). During the last 5 years the exports of Armenia to Pakistan have increased at an annualized rate of 39.4%, from $76.1k in 2017 to $401k in 2022.

In 2017, Pakistan exported $8.12M to Armenia. The main products exported from Pakistan to Armenia were Rice ($1.41M), Non-Knit Men's Suits ($838k), and Citrus ($705k). During the last 5 years the exports of Pakistan to Armenia have increased at an annualized rate of 22.1%, from $2.99M in 2022 to $8.12M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Pakistan (Flag)

Armenia Exports

Pakistan Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Pakistan
Top DestinationUnited States$6.47B

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

In 2022, countries that imported more from Armenia than Pakistan included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2022, countries that imported more from Pakistan than Armenia included United States ($6.47B), Germany ($2.8B), and United Kingdom ($2.41B).

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

Comparative Advantage Armenia - Pakistan

Flow
Scale

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

During 2022, Armenia had a large net trade with Pakistan in the exports of Chemical Products ($383k) and Animal Hides ($18.3k).

During 2017, Pakistan had a large net trade with Armenia in the exports of Textiles ($3.57M), Vegetable Products ($2.17M), and Chemical Products ($854k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Pakistan+$439kVaccines, blood, antisera, toxins and cultures
Top Product Potential Pakistan Armenia+$1.05MNon-Knit Men's Suits

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

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

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