2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$109BCURRENT US$
Rnk 65 / 195
2013-2023
Flag
GDP GROWTH
154%CURRENT US$
Rnk 6 / 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
$2,183CURRENT US$
Rnk 153 / 196
2013-2023
Flag
GDP PC GROWTH
91.8%CURRENT US$
Rnk 12 / 195

About

Armenia-Sudan Trade: In 2022, Armenia exported $274k to Sudan. The main products that Armenia exported to Sudan were N/A. Over the past 6 years the exports of Armenia to Sudan have increased at an annualized rate of 9.3%, from $161k in 2016 to $274k in 2022.

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

Sudan-Armenia Trade: In 2022, Sudan exported $143k to Armenia. The main products that Sudan exported to Armenia were Shaving Products ($123k), Insect Resins ($20.1k), and Razor Blades ($48). Over the past 6 years the exports of Sudan to Armenia have increased at an annualized rate of 3.36%,  from $103k in 2016 to $143k in 2022.

In 2022, Sudan 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, Sudan ranked 121 in the Economic Complexity Index (ECI -1.24), and 128 in total exports ($5.09B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $274k to Sudan. There were not main exports from Armenia to Sudan in 2022. During the last 6 years the exports of Armenia to Sudan have increased at an annualized rate of 9.3%, from $161k in 2016 to $274k in 2022.

In 2018, Sudan exported $143k to Armenia. The main products exported from Sudan to Armenia were Shaving Products ($123k), Insect Resins ($20.1k), and Razor Blades ($48). During the last 5 years the exports of Sudan to Armenia have increased at an annualized rate of 3.36%, from $103k in 2023 to $143k in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Sudan (Flag)

Armenia Exports

Sudan Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Sudan
Top Destination
United Arab Emirates$1.09B

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

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

In 2023, countries that imported more from Sudan than Armenia included Saudi Arabia ($802M), China ($882M), and Malaysia ($470M).

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

Comparative Advantage Armenia - Sudan

Flow
Scale

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

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

During 2018, Sudan had a large net trade with Armenia in the exports of Chemical Products ($123k), Vegetable Products ($20.1k), and Metals ($48).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Sudan+$25.9kExcavation Machinery
Top Product Potential Sudan Armenia+$23kOther Oily Seeds

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

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

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