2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
 GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 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
$3,978CURRENT US$
Rnk 131 / 196
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 195

About

Armenia-Tunisia Trade: In 2023, Armenia exported $9.83k to Tunisia. The main products that Armenia exported to Tunisia were Knit Women's Suits ($5.68k), Non-Knit Women's Shirts ($3.15k), and Microphones and Headphones ($463). Over the past 5 years the exports of Armenia to Tunisia have increased at an annualized rate of 13.4%, from $5.24k in 2018 to $9.83k in 2023.

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

Tunisia-Armenia Trade: In 2023, Tunisia exported $4.01M to Armenia. The main products that Tunisia exported to Armenia were Non-Knit Men's Suits ($925k), Non-Knit Women's Suits ($907k), and Knit Sweaters ($459k). Over the past 5 years the exports of Tunisia to Armenia have increased at an annualized rate of 13.9%,  from $2.09M in 2018 to $4.01M in 2023.

In 2023, Tunisia 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, Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $9.83k to Tunisia. The main products exported from Armenia to Tunisia were Knit Women's Suits ($5.68k), Non-Knit Women's Shirts ($3.15k), and Microphones and Headphones ($463). During the last 5 years the exports of Armenia to Tunisia have increased at an annualized rate of 13.4%, from $5.24k in 2018 to $9.83k in 2023.

In 2018, Tunisia exported $4.01M to Armenia. The main products exported from Tunisia to Armenia were Non-Knit Men's Suits ($925k), Non-Knit Women's Suits ($907k), and Knit Sweaters ($459k). During the last 5 years the exports of Tunisia to Armenia have increased at an annualized rate of 13.9%, from $2.09M in 2023 to $4.01M in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Tunisia (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Tunisia
Top Destination
France$5.19B

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

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

In 2023, countries that imported more from Tunisia than Armenia included France ($5.19B), Italy ($3.87B), and Germany ($3.09B).

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

Comparative Advantage Armenia - Tunisia

Flow
Scale

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

During 2023, Armenia had a large net trade with Tunisia in the exports of Textiles ($9.09k), Machines ($463), and Chemical Products ($279).

During 2018, Tunisia had a large net trade with Armenia in the exports of Textiles ($3.17M), Machines ($439k), and Footwear and Headwear ($117k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Tunisia+$2.89kCars
Top Product Potential Tunisia Armenia+$592kNon-Knit Men's Suits

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

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

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