2022
Flag  
GDP
$291BCURRENT US$
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2012-2022
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GDP GROWTH
39.3%CURRENT US$
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2022
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 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH
83.7%CURRENT US$
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2022
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GDP PC 
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
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2022
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GDP PC
$7,014CURRENT US$
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2012-2022
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GDP PC GROWTH
92.5%CURRENT US$
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About

Czechia-Armenia In 2022, Czechia exported $118M to Armenia. The main products that Czechia exported to Armenia are Broadcasting Equipment ($43.1M), Computers ($15.6M), and Medical Instruments ($3.94M). During the last 27 years the exports of Czechia to Armenia have increased at an annualized rate of 14.1%, from $3.38M in 1995 to $118M in 2022.

In 2022, Czechia did not export any services to Armenia.

Armenia-Czechia In 2022, Armenia exported $9.23M to Czechia. The main products that Armenia exported to Czechia were Ferroalloys ($6.14M), Aluminium Foil ($370k), and Hard Liquor ($300k). During the last 27 years the exports of Armenia to Czechia have increased at an annualized rate of 25.7%, from $19.1k in 1995 to $9.23M in 2022.

In 2022, Armenia did not export any services to Czechia.

Comparison In 2022,  Czechia ranked 6 in the Economic Complexity Index (ECI 1.53), and 30 in total exports ($237B). That same year, Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Czechia exported $118M to Armenia. The main products exported from Czechia to Armenia were Broadcasting Equipment ($43.1M), Computers ($15.6M), and Medical Instruments ($3.94M). During the last 27 years the exports of Czechia to Armenia have increased at an annualized rate of 14.1%, from $3.38M in 1995 to $118M in 2022.

In 2022, Armenia exported $9.23M to Czechia. The main products exported from Armenia to Czechia were Ferroalloys ($6.14M), Aluminium Foil ($370k), and Hard Liquor ($300k). During the last 27 years the exports of Armenia to Czechia have increased at an annualized rate of 25.7%, from $19.1k in 1995 to $9.23M in 2022.

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

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

Latest Data

Trade between Czechia (Flag) and Armenia (Flag)

Czechia Exports

Armenia Exports

Market Competitiveness

Color
Czechia
Top Destination
Germany$75.3B
Armenia
Top Destination
Russia$2.36B

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

In 2021, countries that imported more from Czechia than Armenia were Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

In 2021, countries that imported more from Armenia than Czechia were Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

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

Comparative Advantage Czechia - Armenia

Flow
Scale

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

During 2022, Czechia had a large net trade with Armenia in the exports of Machines ($77.8M), Instruments ($8.12M), and Plastics and Rubbers ($7.26M).

During 2022, Armenia had a large net trade with Czechia in the exports of Metals ($6.51M), Machines ($685k), and Textiles ($566k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Czechia has comparative advantage over Armenia. Similarly, the more yellow a dot/product is, the more Armenia has comparative advantage over Czechia.

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

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