Armenia (ARM) and Zambia (ZMB) Trade | The Observatory of Economic Complexity

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Armenia-Zambia Trade: In 2023, Armenia exported $1.28k to Zambia. The main products that Armenia exported to Zambia were Iron Fasteners ($1.06k) and Other Animals ($217). Over the past 11 years the exports of Armenia to Zambia have decreased at an annualized rate of 13.9%, from $6.62k in 2012 to $1.28k in 2023.

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

Zambia-Armenia Trade: In 2023, Zambia exported $253k to Armenia. The main products that Zambia exported to Armenia were Raw Tobacco ($131k), Precious Stones ($116k), and Sowing Seeds ($5.94k). Over the past 11 years the exports of Zambia to Armenia have increased at an annualized rate of 22.7%, from $91k in 2012 to $253k in 2023.

In 2023, Zambia 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, Zambia ranked 94 in the Economic Complexity Index (ECI -0.65), and 85 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Armenia exported $1.28k to Zambia. The main products exported from Armenia to Zambia were Iron Fasteners ($1.06k) and Other Animals ($217). During the last 11 years the exports of Armenia to Zambia have decreased at an annualized rate of 13.9%, from $6.62k in 2012 to $1.28k in 2023.

In 2018, Zambia exported $253k to Armenia. The main products exported from Zambia to Armenia were Raw Tobacco ($131k), Precious Stones ($116k), and Sowing Seeds ($5.94k). During the last 5 years the exports of Zambia to Armenia have increased at an annualized rate of 22.7%, from $91k in 2023 to $253k in 2018.

Exports from Armenia () to Zambia () (2023)

Exports from Zambia () to Armenia () (2023)

Latest Data

Trade between Armenia () and Zambia ()

Zambia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$3.38B

Zambia
Top DestinationSwitzerland$4.26B

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

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

In 2023, countries that imported more from Zambia than Armenia included Switzerland ($4.26B), India ($2.11B), and China ($2.39B).

Difference in imports from Zambia () and Armenia () (2023)

Comparative Advantage Armenia - Zambia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Armenia had a large net trade with Zambia in the exports of Metals ($1.06k) and Animal Products ($217).

During 2018, Zambia had a large net trade with Armenia in the exports of Foodstuffs ($131k), Precious Metals ($116k), and Vegetable Products ($5.94k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Zambia+$2.76kCopper Ore

Top Product Potential Zambia Armenia+$151kRaw Tobacco

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Zambia () (2023)

Exports from Zambia () to Armenia () (2023)

Latest Data

Trade between Armenia () and Zambia ()

Zambia Exports

Market Competitiveness

Difference in imports from Zambia () and Armenia () (2023)

Comparative Advantage Armenia - Zambia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Zambia () (2023)

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