2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

In N/A, Armenia did not export any services to North Korea.

North Korea-Armenia Trade: In N/A, North Korea exported $95k to Armenia. The main products that North Korea exported to Armenia were Other Processed Fruits and Nuts ($44.2k), Cars ($27.7k), and Ethers ($7.81k). Over the past N/A years the exports of North Korea to Armenia have decreased at an annualized rate of 29.3%,  from $538k in N/A to $95k in N/A.

In N/A, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to North Korea.

In 2017, North Korea exported $95k to Armenia. The main products exported from North Korea to Armenia were Other Processed Fruits and Nuts ($44.2k), Cars ($27.7k), and Ethers ($7.81k). During the last 5 years the exports of North Korea to Armenia have decreased at an annualized rate of 29.3%, from $538k in 2022 to $95k in 2017.

Exports from Armenia (Flag) to North Korea (Flag) (2022)

Exports from North Korea (Flag) to Armenia (Flag) (2022)

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
North Korea
Top Destination
China$131M

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

In 2022, countries that imported more from Armenia than North Korea included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

In 2022, countries that imported more from North Korea than Armenia included Senegal ($26.9M), Nigeria ($14M), and Luxembourg ($6.44M).

Difference in imports from North Korea (Flag) and Armenia (Flag) (2022)

Comparative Advantage Armenia - North Korea

Flow
Scale

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

During 2017, North Korea had a large net trade with Armenia in the exports of Foodstuffs ($44.4k), Transportation ($29.7k), and Chemical Products ($10.2k).

Economic Complexity

Competitive Landscape

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

Product Space of Armenia (Flag) and North Korea (Flag) (2022)

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