2022
Flag  
GDP
$58.1BCURRENT US$
Rnk 87 / 186
2012-2022
Flag
GDP GROWTH
98.1%CURRENT US$
Rnk 15 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$586CURRENT US$
Rnk 179 / 186
2012-2022
Flag
GDP PC GROWTH
42.1%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Democratic Republic of the Congo-Armenia Trade: In 2022, Democratic Republic of the Congo exported $2.66k to Armenia. The main products that Democratic Republic of the Congo exported to Armenia were Other Animals ($2.53k) and Coconuts, Brazil Nuts, and Cashews ($127). Over the past 7 years the exports of Democratic Republic of the Congo to Armenia have increased at an annualized rate of 34.2%, from $339 in 2015 to $2.66k in 2022.

In 2022, Democratic Republic of the Congo did not export any services to Armenia.

Armenia-Democratic Republic of the Congo Trade: In 2022, Armenia exported $410 to Democratic Republic of the Congo. The main products that Armenia exported to Democratic Republic of the Congo were N/A. Over the past 7 years the exports of Armenia to Democratic Republic of the Congo have decreased at an annualized rate of 40.2%,  from $5.35k in 2015 to $410 in 2022.

In 2022, Armenia did not export any services to Democratic Republic of the Congo.

Comparison: In 2022,  Democratic Republic of the Congo ranked 130 in the Economic Complexity Index (ECI -1.81), and 71 in total exports ($28.5B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Democratic Republic of the Congo exported $2.66k to Armenia. The main products exported from Democratic Republic of the Congo to Armenia were Other Animals ($2.53k) and Coconuts, Brazil Nuts, and Cashews ($127). During the last 7 years the exports of Democratic Republic of the Congo to Armenia have increased at an annualized rate of 34.2%, from $339 in 2015 to $2.66k in 2022.

In 2015, Armenia exported $410 to Democratic Republic of the Congo. There were not main exports from Armenia to Democratic Republic of the Congo in 2015. During the last 5 years the exports of Armenia to Democratic Republic of the Congo have decreased at an annualized rate of 40.2%, from $5.35k in 2020 to $410 in 2015.

Exports from Democratic Republic of the Congo (Flag) to Armenia (Flag) (2022)

Exports from Armenia (Flag) to Democratic Republic of the Congo (Flag) (2022)

Latest Data

Trade between Democratic Republic of the Congo (Flag) and Armenia (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Democratic Republic of the Congo than Armenia included China ($15.6B), Singapore ($1.36B), and Hong Kong ($1.24B).

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

Difference in imports from Armenia (Flag) and Democratic Republic of the Congo (Flag) (2022)

Comparative Advantage Democratic Republic of the Congo - Armenia

Flow
Scale

This chart compares trade between Democratic Republic of the Congo and Armenia by product, considering products traded by both, Democratic Republic of the Congo and Armenia.

During 2022, Democratic Republic of the Congo had a large net trade with Armenia in the exports of Animal Products ($2.53k) and Vegetable Products ($127).

During 2015, Armenia had a large net trade with Democratic Republic of the Congo in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Democratic Republic of the Congo Armenia+$3.2kDiamonds
Top Product Potential Armenia Democratic Republic of the Congo+$2.37kTelephones

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 Democratic Republic of the Congo and Armenia. This means that a dot/product with the flag of Democratic Republic of the Congo indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Democratic Republic of the Congo.

Product Space of Democratic Republic of the Congo (Flag) and Armenia (Flag) (2022)

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