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2022
Flag → Flag
Exports $74.7kRnk 87 / 0
2022
Flag → Flag
Exports $245kRnk 30 / 76
2022
Flag → Flag
Top Product $214kPackaged Medicaments
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$17.4BCURRENT US$
Rnk 128 / 195
2013-2023
Flag
GDP GROWTH28.9%CURRENT US$
Rnk 117 / 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$3,372CURRENT US$
Rnk 140 / 196
2013-2023
Flag
GDP PC GROWTH1.72%CURRENT US$
Rnk 151 / 195

About

Armenia-Palestine Trade: In 2022, Armenia exported $74.7k to Palestine. The main products that Armenia exported to Palestine were N/A. Over the past 7 years the exports of Armenia to Palestine have increased at an annualized rate of 34.5%, from $9.38k in 2015 to $74.7k in 2022.

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

Palestine-Armenia Trade: In 2022, Palestine exported $245k to Armenia. The main products that Palestine exported to Armenia were Packaged Medicaments ($214k), Leather Footwear ($24.4k), and Tropical Fruits ($6.51k). Over the past 7 years the exports of Palestine to Armenia have increased at an annualized rate of 20.3%,  from $97.4k in 2015 to $245k in 2022.

In 2022, Palestine 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, Palestine ranked 189 in total exports ($189M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $74.7k to Palestine. There were not main exports from Armenia to Palestine in 2022. During the last 7 years the exports of Armenia to Palestine have increased at an annualized rate of 34.5%, from $9.38k in 2015 to $74.7k in 2022.

In 2018, Palestine exported $245k to Armenia. The main products exported from Palestine to Armenia were Packaged Medicaments ($214k), Leather Footwear ($24.4k), and Tropical Fruits ($6.51k). During the last 5 years the exports of Palestine to Armenia have increased at an annualized rate of 20.3%, from $97.4k in 2023 to $245k in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Palestine (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Palestine
Top DestinationJordan$96.6M

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

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

In 2023, countries that imported more from Palestine than Armenia included Jordan ($96.6M), Turkey ($22.1M), and Saudi Arabia ($8.53M).

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

Comparative Advantage Armenia - Palestine

Flow
Scale

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

During 2022, Armenia had a large net trade with Palestine in the exports of .

During 2018, Palestine had a large net trade with Armenia in the exports of Chemical Products ($214k), Footwear and Headwear ($24.4k), and Vegetable Products ($6.51k).

Economic Complexity

Competitive Landscape

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

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

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