Gabon (GAB) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Gabon-Armenia Trade: In 2019, Gabon exported $2 to Armenia. The main products that Gabon exported to Armenia were N/A. Over the past 7 years the exports of Gabon to Armenia have decreased at an annualized rate of 77.3%, from $64.6k in 2012 to $2 in 2019.

In 2019, Gabon did not export any services to Armenia.

Armenia-Gabon Trade: In 2019, Armenia exported $1.43k to Gabon. The main products that Armenia exported to Gabon were N/A. Over the past 7 years the exports of Armenia to Gabon have decreased at an annualized rate of 63.7%, from $228k in 2012 to $1.43k in 2019.

In 2019, Armenia did not export any services to Gabon.

Comparison: In 2022, Gabon ranked 112 in the Economic Complexity Index (ECI -0.99), and 112 in total exports ($7.88B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Gabon exported $2 to Armenia. There were not main exports from Gabon to Armenia in 2019. During the last 7 years the exports of Gabon to Armenia have decreased at an annualized rate of 77.3%, from $64.6k in 2012 to $2 in 2019.

In 2016, Armenia exported $1.43k to Gabon. There were not main exports from Armenia to Gabon in 2016. During the last 5 years the exports of Armenia to Gabon have decreased at an annualized rate of 63.7%, from $228k in 2021 to $1.43k in 2016.

Exports from Gabon () to Armenia () (2021)

Exports from Armenia () to Gabon () (2021)

Latest Data

Trade between Gabon () and Armenia ()

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Gabon
Top DestinationChina$3.4B

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Gabon than Armenia included China ($3.4B), South Korea ($617M), and Italy ($576M).

In 2022, countries that imported more from Armenia than Gabon included Russia ($2.36B), United Arab Emirates ($535M), and Switzerland ($257M).

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

Comparative Advantage Gabon - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Gabon had a large net trade with Armenia in the exports of .

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

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Gabon Armenia+$2.12kRefined Petroleum

Top Product Potential Armenia Gabon+$1.63kCars

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

About

Historical Data

Bilateral Trade by Products

Exports from Gabon () to Armenia () (2021)

Exports from Armenia () to Gabon () (2021)

Latest Data

Trade between Gabon () and Armenia ()

Armenia Exports

Market Competitiveness

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

Comparative Advantage Gabon - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Gabon () and Armenia () (2021)

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