2022
Flag  
GDP
$1.32TCURRENT US$
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2012-2022
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GDP GROWTH
43.7%CURRENT US$
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2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
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2022
Flag
GDP PC 
$4,788CURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP PC GROWTH
30.5%CURRENT US$
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2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
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About

Indonesia-Armenia In 2022, Indonesia exported $30M to Armenia. The main products that Indonesia exported to Armenia are Coffee ($16.8M), Raw Plastic Sheeting ($1.73M), and Cars ($1.03M). During the last 25 years the exports of Indonesia to Armenia have increased at an annualized rate of 22.8%, from $176k in 1997 to $30M in 2022.

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

Armenia-Indonesia In 2022, Armenia exported $375k to Indonesia. The main products that Armenia exported to Indonesia were Raw Aluminium ($308k), Raw Plastic Sheeting ($33.8k), and Fishing and Hunting Equipment ($15.1k). During the last 25 years the exports of Armenia to Indonesia have increased at an annualized rate of 5.49%, from $98.7k in 1997 to $375k in 2022.

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

Comparison In 2022,  Indonesia ranked 67 in the Economic Complexity Index (ECI -0.078), and 26 in total exports ($320B). 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, Indonesia exported $30M to Armenia. The main products exported from Indonesia to Armenia were Coffee ($16.8M), Raw Plastic Sheeting ($1.73M), and Cars ($1.03M). During the last 25 years the exports of Indonesia to Armenia have increased at an annualized rate of 22.8%, from $176k in 1997 to $30M in 2022.

In 2022, Armenia exported $375k to Indonesia. The main products exported from Armenia to Indonesia were Raw Aluminium ($308k), Raw Plastic Sheeting ($33.8k), and Fishing and Hunting Equipment ($15.1k). During the last 25 years the exports of Armenia to Indonesia have increased at an annualized rate of 5.49%, from $98.7k in 1997 to $375k in 2022.

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

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

Latest Data

Trade between Indonesia (Flag) and Armenia (Flag)

Indonesia Exports

Armenia Exports

Market Competitiveness

Color
Indonesia
Top Destination
China$67.7B
Armenia
Top Destination
Russia$2.36B

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

In 2021, countries that imported more from Indonesia than Armenia were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

In 2021, countries that imported more from Armenia than Indonesia were Russia ($2.36B), Georgia ($260M), and Belarus ($74.6M).

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

Comparative Advantage Indonesia - Armenia

Flow
Scale

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

During 2022, Indonesia had a large net trade with Armenia in the exports of Vegetable Products ($16.9M), Machines ($3.17M), and Paper Goods ($2.56M).

During 2022, Armenia had a large net trade with Indonesia in the exports of Metals ($308k), Plastics and Rubbers ($36.6k), and Miscellaneous ($17.7k).

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 Indonesia has comparative advantage over Armenia. Similarly, the more yellow a dot/product is, the more Armenia has comparative advantage over Indonesia.

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

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