2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 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 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 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

Algeria-Armenia Trade: In 2022, Algeria exported $178k to Armenia. The main products that Algeria exported to Armenia were Hydrogen ($109k), Tropical Fruits ($67.6k), and Baked Goods ($1.57k). Over the past 6 years the exports of Algeria to Armenia have increased at an annualized rate of 265%, from $75 in 2016 to $178k in 2022.

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

Armenia-Algeria Trade: In 2022, Armenia exported $9.11k to Algeria. The main products that Armenia exported to Algeria were N/A. Over the past 6 years the exports of Armenia to Algeria have decreased at an annualized rate of 46.9%,  from $217k in 2016 to $9.11k in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $178k to Armenia. The main products exported from Algeria to Armenia were Hydrogen ($109k), Tropical Fruits ($67.6k), and Baked Goods ($1.57k). During the last 6 years the exports of Algeria to Armenia have increased at an annualized rate of 265%, from $75 in 2016 to $178k in 2022.

In 2016, Armenia exported $9.11k to Algeria. There were not main exports from Armenia to Algeria in 2016. During the last 5 years the exports of Armenia to Algeria have decreased at an annualized rate of 46.9%, from $217k in 2021 to $9.11k in 2016.

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

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

Latest Data

Trade between Algeria (Flag) and Armenia (Flag)

Algeria Exports

Date

Armenia Exports

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Algeria than Armenia included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

In 2022, countries that imported more from Armenia than Algeria included Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

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

Comparative Advantage Algeria - Armenia

Flow
Scale

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

During 2022, Algeria had a large net trade with Armenia in the exports of Chemical Products ($109k), Vegetable Products ($67.6k), and Foodstuffs ($1.57k).

During 2016, Armenia had a large net trade with Algeria in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Armenia+$57.9kTropical Fruits
Top Product Potential Armenia Algeria+$3.35kCars

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

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

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