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Pricing

2022
Flag → Flag
Exports $124MRnk 110 / 211
2022
Flag → Flag
Top Product $52.8MCars
2022
Flag → Flag
Exports $23.3MRnk 22 / 129
2022
Flag → Flag
Top Product $14.8MNon-Knit Women's Coats
2022
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 133
2022
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Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 186
2022
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 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
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GDP PC $33,815CURRENT US$
Rnk 32 / 186
2012-2022
Flag
GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 186
2022
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GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Japan-Armenia Trade: In 2022, Japan exported $124M to Armenia. The main products that Japan exported to Armenia were Cars ($52.8M), Delivery Trucks ($14.9M), and Large Construction Vehicles ($12.2M). Over the past 5 years the exports of Japan to Armenia have increased at an annualized rate of 26.6%, from $38M in 2017 to $124M in 2022.

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

Armenia-Japan Trade: In 2022, Armenia exported $23.3M to Japan. The main products that Armenia exported to Japan were Non-Knit Women's Coats ($14.8M), Non-Knit Men's Coats ($4.84M), and Raw Aluminium ($2.12M). Over the past 5 years the exports of Armenia to Japan have increased at an annualized rate of 17.9%,  from $10.3M in 2017 to $23.3M in 2022.

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

Comparison: In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).

Latest Trends

August, 2024

About

Overview In August 2024, Japan exported ¥344M and imported ¥613M from Armenia, resulting in a negative trade balance of ¥269M. Between August 2023 and August 2024 the exports of Japan have decreased by ¥-66.7M (-16.2%) from ¥411M to ¥344M, while imports increased by ¥152M (33%) from ¥461M to ¥613M.

Trade In August 2024, the top exports of Japan to Armenia were Cars (¥90.9M), Commodities not elsewhere specified (¥26M), Delivery Trucks (¥22.7M), Pesticides (¥19.9M), and Rubber Tires (¥11.9M). In August 2024 the top imports of Japan from Armenia were Non-Knit Women's Coats (¥213M), Non-Knit Men's Coats (¥88.6M), Raw Aluminium (¥31.3M), Trunks and Cases (¥16.2M), and Rolled Tobacco (¥10.9M).

Origins In August 2024 the exports of Japan were mainly from Chiba (¥180M), Hyōgo (¥104M), Aichi (¥22.9M), Kanagawa (¥12.8M), and Osaka (¥10.9M), while imports destinations were mainly Chiba (¥313M), Tokyo (¥115M), Aichi (¥96.7M), Osaka (¥77.1M), and Okinawa (¥11.4M).

Growth In August 2024, the decrease in Japan's year-by-year exports to Armenia was explained primarily by an decrease in product exports in . In August 2024, the increase in Japan's year-by-year imports  from Armenia was explained primarily by an increase in product imports  in Non-Knit Women's Coats (¥159M or 292%), Non-Knit Men's Coats (¥77.7M or 712%), and Non-Knit Babies' Garments (¥148k or 59%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)¥-66.7M(-16.2%)
IMPORT GROWTH (August 2023 - August 2024)¥152M(33%)
MAIN EXPORTER (August 2024)Chiba¥180M

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Armenia and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Armenia and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $124M to Armenia. The main products exported from Japan to Armenia were Cars ($52.8M), Delivery Trucks ($14.9M), and Large Construction Vehicles ($12.2M). During the last 5 years the exports of Japan to Armenia have increased at an annualized rate of 26.6%, from $38M in 2017 to $124M in 2022.

In 2017, Armenia exported $23.3M to Japan. The main products exported from Armenia to Japan were Non-Knit Women's Coats ($14.8M), Non-Knit Men's Coats ($4.84M), and Raw Aluminium ($2.12M). During the last 5 years the exports of Armenia to Japan have increased at an annualized rate of 17.9%, from $10.3M in 2022 to $23.3M in 2017.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Japan than Armenia included United States ($137B), China ($135B), and South Korea ($50.8B).

In 2022, countries that imported more from Armenia than Japan included Iran ($111M), Belarus ($74.6M), and Syria ($5.64M).

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

Comparative Advantage Japan - Armenia

Flow
Scale

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

During 2022, Japan had a large net trade with Armenia in the exports of Transportation ($73.2M), Machines ($26.2M), and Instruments ($9.03M).

During 2017, Armenia had a large net trade with Japan in the exports of Textiles ($20M), Metals ($2.12M), and Foodstuffs ($626k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Armenia+$25.9MCars
Top Product Potential Armenia Japan+$2.68MNon-Knit Men's Coats

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

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

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