2023
Flag  
GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC 
$8,053CURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195
2013-2023
Flag
GDP PC GROWTH
-65.4%CURRENT US$
Rnk 196 / 195

About

Armenia-Yemen Trade: In 2023, Armenia exported $212k to Yemen. The main products that Armenia exported to Yemen were Packaged Medicaments ($212k), Brochures ($40), and Pens ($4). Over the past 5 years the exports of Armenia to Yemen have increased at an annualized rate of 31%, from $54.9k in 2018 to $212k in 2023.

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

Yemen-Armenia Trade: In 2023, Yemen exported $7.42k to Armenia. The main products that Yemen exported to Armenia were Coffee ($7.42k). Over the past 5 years the exports of Yemen to Armenia have increased at an annualized rate of 67.3%,  from $566 in 2018 to $7.42k in 2023.

In 2023, Yemen 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, Yemen ranked 112 in the Economic Complexity Index (ECI -1), and 160 in total exports ($1.05B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Armenia exported $212k to Yemen. The main products exported from Armenia to Yemen were Packaged Medicaments ($212k), Brochures ($40), and Pens ($4). During the last 5 years the exports of Armenia to Yemen have increased at an annualized rate of 31%, from $54.9k in 2018 to $212k in 2023.

In 2018, Yemen exported $7.42k to Armenia. The main products exported from Yemen to Armenia were Coffee ($7.42k). During the last 5 years the exports of Yemen to Armenia have increased at an annualized rate of 67.3%, from $566 in 2023 to $7.42k in 2018.

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

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

Latest Data

Trade between Armenia (Flag) and Yemen (Flag)

Armenia Exports

Yemen Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$3.38B
Yemen
Top Destination
United Arab Emirates$294M

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

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

In 2023, countries that imported more from Yemen than Armenia included Saudi Arabia ($176M), India ($216M), and Oman ($74.1M).

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

Comparative Advantage Armenia - Yemen

Flow
Scale

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

During 2023, Armenia had a large net trade with Yemen in the exports of Chemical Products ($212k), Paper Goods ($40), and Miscellaneous ($4).

During 2018, Yemen had a large net trade with Armenia in the exports of Vegetable Products ($7.42k).

Economic Complexity

Competitive Landscape

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

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with