2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
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2022
Flag
 GDP
$467BCURRENT US$
Rnk 33 / 186
2012-2022
Flag
GDP GROWTH
58.2%CURRENT US$
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2022
Flag
GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$82,808CURRENT US$
Rnk 7 / 186
2012-2022
Flag
GDP PC GROWTH
49.1%CURRENT US$
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About

Armenia-Singapore In 2022, Armenia exported $3.61M to Singapore. The main products that Armenia exported to Singapore are Copper Ore ($2.15M), Non-Knit Women's Coats ($329k), and Base Metal Watches ($274k). During the last 22 years the exports of Armenia to Singapore have increased at an annualized rate of 18.7%, from $82.9k in 2000 to $3.61M in 2022.

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

Singapore-Armenia In 2022, Singapore exported $4.56M to Armenia. The main products that Singapore exported to Armenia were Industrial Printers ($970k), Orthopedic Appliances ($506k), and Surveying Equipment ($478k). During the last 22 years the exports of Singapore to Armenia have increased at an annualized rate of 10.4%, from $513k in 2000 to $4.56M in 2022.

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

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $3.61M to Singapore. The main products exported from Armenia to Singapore were Copper Ore ($2.15M), Non-Knit Women's Coats ($329k), and Base Metal Watches ($274k). During the last 22 years the exports of Armenia to Singapore have increased at an annualized rate of 18.7%, from $82.9k in 2000 to $3.61M in 2022.

In 2022, Singapore exported $4.56M to Armenia. The main products exported from Singapore to Armenia were Industrial Printers ($970k), Orthopedic Appliances ($506k), and Surveying Equipment ($478k). During the last 25 years the exports of Singapore to Armenia have increased at an annualized rate of 10.4%, from $513k in 1997 to $4.56M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Singapore (Flag)

Armenia Exports

Singapore Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Singapore
Top Destination
Hong Kong$51.6B

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

In 2021, countries that imported more from Armenia than Singapore were Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2021, countries that imported more from Singapore than Armenia were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

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

Comparative Advantage Armenia - Singapore

Flow
Scale

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

During 2022, Armenia had a large net trade with Singapore in the exports of Mineral Products ($2.15M), Textiles ($615k), and Instruments ($418k).

During 2022, Singapore had a large net trade with Armenia in the exports of Machines ($2.19M), Instruments ($1.39M), and Mineral Products ($410k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Singapore. Similarly, the more yellow a dot/product is, the more Singapore has comparative advantage over Armenia.

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

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