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2022
Flag → Flag
Exports $74.7kRnk 93 / 129
2022
Flag → Flag
Top Product $74.4kChocolate
2022
Flag → Flag
Exports $161kRnk 47 / 98
2022
Flag → Flag
Top Product $134kPackaged Medicaments
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$19.1BCURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP GROWTH56.5%CURRENT US$
Rnk 47 / 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$3,789CURRENT US$
Rnk 123 / 186
2012-2022
Flag
GDP PC GROWTH23.5%CURRENT US$
Rnk 75 / 186

About

Armenia-Palestine Trade: In 2022, Armenia exported $74.7k to Palestine. The main products that Armenia exported to Palestine were Chocolate ($74.4k) and Other Processed Fruits and Nuts ($285). 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 $161k to Armenia. The main products that Palestine exported to Armenia were Packaged Medicaments ($134k), Textile Footwear ($20.7k), and Tropical Fruits ($5.86k). Over the past 7 years the exports of Palestine to Armenia have decreased at an annualized rate of 5.54%,  from $214k in 2015 to $161k in 2022.

In 2022, Palestine 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, Palestine ranked 150 in total exports ($1.61B), 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. The main products exported from Armenia to Palestine were Chocolate ($74.4k) and Other Processed Fruits and Nuts ($285). 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 2017, Palestine exported $161k to Armenia. The main products exported from Palestine to Armenia were Packaged Medicaments ($134k), Textile Footwear ($20.7k), and Tropical Fruits ($5.86k). During the last 5 years the exports of Palestine to Armenia have decreased at an annualized rate of 5.54%, from $214k in 2022 to $161k in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Palestine (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Palestine
Top DestinationIsrael$1.3B

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

In 2022, countries that imported more from Palestine than Armenia included Israel ($1.3B), Jordan ($159M), and Saudi Arabia ($13.5M).

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

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 Foodstuffs ($74.7k).

During 2017, Palestine had a large net trade with Armenia in the exports of Chemical Products ($134k), Footwear and Headwear ($20.7k), and Vegetable Products ($5.86k).

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) (2022)

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