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2022
Flag → Flag
Exports $5.64MRnk 37 / 129
2022
Flag → Flag
Top Product $4.83MRolled Tobacco
2022
Flag → Flag
Exports $1.1MRnk 30 / 108
2022
Flag → Flag
Top Product $322kPackaged 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 PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Armenia-Syria Trade: In 2022, Armenia exported $5.64M to Syria. The main products that Armenia exported to Syria were Rolled Tobacco ($4.83M), Hard Liquor ($771k), and Thermostats ($36.1k). Over the past 5 years the exports of Armenia to Syria have decreased at an annualized rate of 35.4%, from $50M in 2017 to $5.64M in 2022.

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

Syria-Armenia Trade: In 2022, Syria exported $1.1M to Armenia. The main products that Syria exported to Armenia were Packaged Medicaments ($322k), Citrus ($209k), and Other Heating Machinery ($124k). Over the past 5 years the exports of Syria to Armenia have increased at an annualized rate of 7.96%,  from $749k in 2017 to $1.1M in 2022.

In 2022, Syria 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, Syria ranked 164 in total exports ($771M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $5.64M to Syria. The main products exported from Armenia to Syria were Rolled Tobacco ($4.83M), Hard Liquor ($771k), and Thermostats ($36.1k). During the last 5 years the exports of Armenia to Syria have decreased at an annualized rate of 35.4%, from $50M in 2017 to $5.64M in 2022.

In 2017, Syria exported $1.1M to Armenia. The main products exported from Syria to Armenia were Packaged Medicaments ($322k), Citrus ($209k), and Other Heating Machinery ($124k). During the last 5 years the exports of Syria to Armenia have increased at an annualized rate of 7.96%, from $749k in 2022 to $1.1M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Syria (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Syria
Top DestinationTurkey$226M

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

In 2022, countries that imported more from Syria than Armenia included Turkey ($226M), Kuwait ($114M), and Lebanon ($107M).

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

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 2022, Armenia had a large net trade with Syria in the exports of Foodstuffs ($5.6M) and Instruments ($36.1k).

During 2017, Syria had a large net trade with Armenia in the exports of Chemical Products ($326k), Machines ($299k), and Vegetable Products ($236k).

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) (2022)

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