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Pricing

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Flag → Flag
Top Product $25.1kOther Construction Vehicles
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Flag → Flag
Exports $5.32MRnk 40 / 139
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Flag → Flag
Top Product $3.59MRaw Tobacco
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.74Rnk 99 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH20.8%CURRENT US$
Rnk 121 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH-1.8%CURRENT US$
Rnk 147 / 186

About

In N/A, Armenia did not export any services to Zimbabwe.

Zimbabwe-Armenia Trade: In N/A, Zimbabwe exported $5.32M to Armenia. The main products that Zimbabwe exported to Armenia were Raw Tobacco ($3.59M), Processed Tobacco ($1.73M), and Liquid Dispersing Machines ($604). Over the past N/A years the exports of Zimbabwe to Armenia have decreased at an annualized rate of 14.3%,  from $11.5M in N/A to $5.32M in N/A.

In N/A, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

Armenia does not register exports to Zimbabwe. The main products exported from Armenia to Zimbabwe were Other Construction Vehicles ($25.1k), Interchangeable Tool Parts ($750), and Rubber Pipes ($646).

In 2017, Zimbabwe exported $5.32M to Armenia. The main products exported from Zimbabwe to Armenia were Raw Tobacco ($3.59M), Processed Tobacco ($1.73M), and Liquid Dispersing Machines ($604). During the last 5 years the exports of Zimbabwe to Armenia have decreased at an annualized rate of 14.3%, from $11.5M in 2022 to $5.32M in 2017.

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

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

Latest Data

Trade between Armenia (Flag) and Zimbabwe (Flag)

Zimbabwe Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

In 2022, countries that imported more from Armenia than Zimbabwe included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

In 2022, countries that imported more from Zimbabwe than Armenia included United Arab Emirates ($4.78B), South Africa ($1.47B), and Belgium ($297M).

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

Comparative Advantage Armenia - Zimbabwe

Flow
Scale

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

During 2017, Zimbabwe had a large net trade with Armenia in the exports of Foodstuffs ($5.32M), Machines ($604), and Metals ($59).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Armenia Zimbabwe+$2.12kDiamonds
Top Product Potential Zimbabwe Armenia+$124kRaw 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

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

Product Space of Armenia (Flag) and Zimbabwe (Flag) (2022)

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