2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$46.7BCURRENT US$
Rnk 90 / 186
2012-2022
Flag
GDP GROWTH
-1.37%CURRENT US$
Rnk 167 / 186
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
$3,777CURRENT US$
Rnk 124 / 186
2012-2022
Flag
GDP PC GROWTH
-10.8%CURRENT US$
Rnk 164 / 186

About

Armenia-Tunisia Trade: In 2022, Armenia exported $34k to Tunisia. The main products that Armenia exported to Tunisia were Non-Knit Women's Suits ($21.5k), Rubber ($9.06k), and Non-Knit Women's Coats ($2.86k). Over the past 5 years the exports of Armenia to Tunisia have increased at an annualized rate of 42.4%, from $5.8k in 2017 to $34k in 2022.

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

Tunisia-Armenia Trade: In 2022, Tunisia exported $2.82M to Armenia. The main products that Tunisia exported to Armenia were Non-Knit Men's Suits ($801k), Non-Knit Women's Suits ($666k), and Knit Sweaters ($190k). Over the past 5 years the exports of Tunisia to Armenia have increased at an annualized rate of 23.4%,  from $984k in 2017 to $2.82M in 2022.

In 2022, Tunisia 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, Tunisia ranked 54 in the Economic Complexity Index (ECI 0.2), and 76 in total exports ($21.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $34k to Tunisia. The main products exported from Armenia to Tunisia were Non-Knit Women's Suits ($21.5k), Rubber ($9.06k), and Non-Knit Women's Coats ($2.86k). During the last 5 years the exports of Armenia to Tunisia have increased at an annualized rate of 42.4%, from $5.8k in 2017 to $34k in 2022.

In 2017, Tunisia exported $2.82M to Armenia. The main products exported from Tunisia to Armenia were Non-Knit Men's Suits ($801k), Non-Knit Women's Suits ($666k), and Knit Sweaters ($190k). During the last 5 years the exports of Tunisia to Armenia have increased at an annualized rate of 23.4%, from $984k in 2022 to $2.82M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Tunisia (Flag)

Armenia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Tunisia
Top Destination
France$4.8B

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

In 2022, countries that imported more from Tunisia than Armenia included France ($4.8B), Italy ($3.45B), and Germany ($3.01B).

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

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 2022, Armenia had a large net trade with Tunisia in the exports of Textiles ($24.3k), Plastics and Rubbers ($9.06k), and Machines ($374).

During 2017, Tunisia had a large net trade with Armenia in the exports of Textiles ($2.26M), Machines ($349k), and Instruments ($65.3k).

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) (2022)

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