2023
Flag  
GDP
$3.05TCURRENT US$
Rnk 7 / 195
2013-2023
Flag
GDP GROWTH
8.37%CURRENT US$
Rnk 159 / 195
2023
Flag
 GDP
$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH
117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC 
$44,691CURRENT US$
Rnk 30 / 195
2013-2023
Flag
GDP PC GROWTH
4.74%CURRENT US$
Rnk 146 / 195
2023
Flag
GDP PC
$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH
119%CURRENT US$
Rnk 4 / 195

About

France-Armenia Trade: In 2023, France exported $179M to Armenia. The main products that France exported to Armenia were Planes, Helicopters, and/or Spacecraft ($35.2M), Packaged Medicaments ($14.6M), and Vegetable Saps ($10.5M). Over the past 5 years the exports of France to Armenia have increased at an annualized rate of 9.7%, from $112M in 2018 to $179M in 2023.

In 2023, France did not export any services to Armenia.

Armenia-France Trade: In 2023, Armenia exported $11.7M to France. The main products that Armenia exported to France were Aluminium Foil ($2.83M), Aluminium Structures ($2.12M), and Optical Fibers and optical fibre bundles ($1.31M). Over the past 5 years the exports of Armenia to France have decreased at an annualized rate of 8.17%,  from $17.9M in 2018 to $11.7M in 2023.

In 2023, Armenia did not export any services to France.

Comparison: In 2023,  France ranked 16 in the Economic Complexity Index (ECI 1.34), and 7 in total exports ($635B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Latest Data

Trade between France (Flag) and Armenia (Flag)

France Exports

Armenia Exports

Market Competitiveness

Color
France
Top Destination
Germany$72.8B
Armenia
Top Destination
Russia$3.38B

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

In 2023, countries that imported more from France than Armenia included Germany ($72.8B), Italy ($56.3B), and United States ($51.2B).

In 2023, countries that imported more from Armenia than France included Russia ($3.38B), Botswana ($114M), and Georgia ($340M).

Difference in imports from Armenia (Flag) and France (Flag) (2023)

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential France Armenia+$5.64MPackaged Medicaments
Top Product Potential Armenia France+$2.3MAluminium Foil

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

Product Space of France (Flag) and Armenia (Flag) (NaN)

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