Japan-Armenia Trade: In 2023, Japan exported $330M to Armenia. The main products that Japan exported to Armenia were Cars ($236M), Large Construction Vehicles ($20.5M), and Delivery Trucks ($19M). Over the past 5 years the exports of Japan to Armenia have increased at an annualized rate of 41.4%, from $58.4M in 2018 to $330M in 2023.
In 2023, Japan did not export any services to Armenia.
Armenia-Japan Trade: In 2023, Armenia exported $30.3M to Japan. The main products that Armenia exported to Japan were Non-Knit Women's Coats ($15.7M), Non-Knit Men's Coats ($9.13M), and Rolled Tobacco ($2.3M). Over the past 5 years the exports of Armenia to Japan have increased at an annualized rate of 13.2%, from $16.3M in 2018 to $30.3M in 2023.
In 2023, Armenia did not export any services to Japan.
Comparison: In 2023, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).