Armenia (ARM) and Zimbabwe (ZWE) Trade | The Observatory of Economic Complexity

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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 6.75%, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

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 6.75%, from $11.5M in 2022 to $5.32M in 2017.

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

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

Latest Data

Trade between Armenia () and Zimbabwe ()

Zimbabwe Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Armenia () (2022)

Comparative Advantage Armenia - Zimbabwe

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Armenia () and Zimbabwe ()

Zimbabwe Exports

Market Competitiveness

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

Comparative Advantage Armenia - Zimbabwe

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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