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2023
Flag → Flag
Exports $10.3MRnk 35 / 133
2023
Flag → Flag
Top Product $10.2MRolled Tobacco
2023
Flag → Flag
Exports $475kRnk 40 / 113
2023
Flag → Flag
Top Product $88.8kIndustrial Food Preperation Machinery
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 PC $8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195

About

Armenia-Syria Trade: In 2023, Armenia exported $10.3M to Syria. The main products that Armenia exported to Syria were Rolled Tobacco ($10.2M) and Hard Liquor ($147k). Over the past 5 years the exports of Armenia to Syria have decreased at an annualized rate of 28.6%, from $55.9M in 2018 to $10.3M in 2023.

In 2023, Armenia did not export any services to Syria.

Syria-Armenia Trade: In 2023, Syria exported $475k to Armenia. The main products that Syria exported to Armenia were Industrial Food Preperation Machinery ($88.8k), Pure Olive Oil ($86.5k), and Building Stone ($70.6k). Over the past 5 years the exports of Syria to Armenia have decreased at an annualized rate of 5.81%,  from $641k in 2018 to $475k in 2023.

In 2023, Syria 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, Syria ranked 155 in total exports ($1.27B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $10.3M to Syria. The main products exported from Armenia to Syria were Rolled Tobacco ($10.2M) and Hard Liquor ($147k). During the last 5 years the exports of Armenia to Syria have decreased at an annualized rate of 28.6%, from $55.9M in 2018 to $10.3M in 2023.

In 2018, Syria exported $475k to Armenia. The main products exported from Syria to Armenia were Industrial Food Preperation Machinery ($88.8k), Pure Olive Oil ($86.5k), and Building Stone ($70.6k). During the last 5 years the exports of Syria to Armenia have decreased at an annualized rate of 5.81%, from $641k in 2023 to $475k in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Syria (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$3.38B
Syria
Top DestinationTurkey$363M

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

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

In 2023, countries that imported more from Syria than Armenia included Turkey ($363M), Saudi Arabia ($204M), and Lebanon ($131M).

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

Comparative Advantage Armenia - Syria

Flow
Scale

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

During 2023, Armenia had a large net trade with Syria in the exports of Foodstuffs ($10.3M).

During 2018, Syria had a large net trade with Armenia in the exports of Machines ($121k), Foodstuffs ($112k), and Animal and Vegetable Bi-Products ($86.5k).

Economic Complexity

Competitive Landscape

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

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

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