2022
Flag  
GDP
$10.9BCURRENT US$
Rnk 143 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 35 / 186
2022
Flag
 GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC 
$1,607CURRENT US$
Rnk 153 / 186
2012-2022
Flag
GDP PC GROWTH
36.4%CURRENT US$
Rnk 56 / 186
2022
Flag
GDP PC
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186

About

Kyrgyzstan-Armenia Trade: In 2022, Kyrgyzstan exported $1.26M to Armenia. The main products that Kyrgyzstan exported to Armenia were Concentrated Milk ($369k), Broadcasting Equipment ($260k), and Legumes ($190k). Over the past 5 years the exports of Kyrgyzstan to Armenia have increased at an annualized rate of 52.8%, from $151k in 2017 to $1.26M in 2022.

In 2009, Kyrgyzstan exported services to Armenia worth $0, with being the largest in terms of value.

Armenia-Kyrgyzstan Trade: In 2022, Armenia exported $7.86M to Kyrgyzstan. The main products that Armenia exported to Kyrgyzstan were Animal Food ($1.67M), Refined Petroleum ($1.52M), and Rubber Tires ($1.08M). Over the past 5 years the exports of Armenia to Kyrgyzstan have increased at an annualized rate of 33.8%,  from $1.83M in 2017 to $7.86M in 2022.

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

Comparison: In 2022,  Kyrgyzstan ranked 70 in the Economic Complexity Index (ECI -0.12), and 141 in total exports ($2.5B). 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
Value

In 2022, Kyrgyzstan exported $1.26M to Armenia. The main products exported from Kyrgyzstan to Armenia were Concentrated Milk ($369k), Broadcasting Equipment ($260k), and Legumes ($190k). During the last 5 years the exports of Kyrgyzstan to Armenia have increased at an annualized rate of 52.8%, from $151k in 2017 to $1.26M in 2022.

In 2017, Armenia exported $7.86M to Kyrgyzstan. The main products exported from Armenia to Kyrgyzstan were Animal Food ($1.67M), Refined Petroleum ($1.52M), and Rubber Tires ($1.08M). During the last 5 years the exports of Armenia to Kyrgyzstan have increased at an annualized rate of 33.8%, from $1.83M in 2022 to $7.86M in 2017.

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

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

Latest Data

Trade between Kyrgyzstan (Flag) and Armenia (Flag)

Kyrgyzstan Exports

Armenia Exports

Market Competitiveness

Color
Kyrgyzstan
Top Destination
Russia$1.07B
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Kyrgyzstan than Armenia included Kazakhstan ($445M), Uzbekistan ($240M), and Turkey ($146M).

In 2022, countries that imported more from Armenia than Kyrgyzstan included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage Kyrgyzstan - Armenia

Flow
Scale

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

During 2022, Kyrgyzstan had a large net trade with Armenia in the exports of Animal Products ($369k), Machines ($339k), and Vegetable Products ($311k).

During 2017, Armenia had a large net trade with Kyrgyzstan in the exports of Plastics and Rubbers ($2.09M), Foodstuffs ($1.95M), and Mineral Products ($1.56M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kyrgyzstan Armenia+$364kTelephones
Top Product Potential Armenia Kyrgyzstan+$663kCars

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

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

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