2022
Flag  
GDP
$17.9BCURRENT US$
Rnk 122 / 186
2012-2022
Flag
GDP GROWTH
9.18%CURRENT US$
Rnk 146 / 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 
$541CURRENT US$
Rnk 180 / 186
2012-2022
Flag
GDP PC GROWTH
-18.9%CURRENT US$
Rnk 172 / 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

Mozambique-Armenia Trade: In 2022, Mozambique exported $184k to Armenia. The main products that Mozambique exported to Armenia were Precious Stones ($184k). Over the past 7 years the exports of Mozambique to Armenia have increased at an annualized rate of 190%, from $107 in 2015 to $184k in 2022.

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

Armenia-Mozambique Trade: In 2022, Armenia exported $878k to Mozambique. The main products that Armenia exported to Mozambique were Plastic Pipes ($506k), Iron Pipe Fittings ($194k), and Other Small Iron Pipes ($177k). Over the past 7 years the exports of Armenia to Mozambique have increased at an annualized rate of 259%,  from $1.47k in 2015 to $878k in 2022.

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

Comparison: In 2022,  Mozambique ranked 119 in the Economic Complexity Index (ECI -1.18), and 99 in total exports ($11.7B). 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, Mozambique exported $184k to Armenia. The main products exported from Mozambique to Armenia were Precious Stones ($184k). During the last 7 years the exports of Mozambique to Armenia have increased at an annualized rate of 190%, from $107 in 2015 to $184k in 2022.

In 2017, Armenia exported $878k to Mozambique. The main products exported from Armenia to Mozambique were Plastic Pipes ($506k), Iron Pipe Fittings ($194k), and Other Small Iron Pipes ($177k). During the last 5 years the exports of Armenia to Mozambique have increased at an annualized rate of 259%, from $1.47k in 2022 to $878k in 2017.

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

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

Latest Data

Trade between Mozambique (Flag) and Armenia (Flag)

Armenia Exports

Date

Market Competitiveness

Color
Mozambique
Top Destination
India$2.62B
Armenia
Top Destination
Russia$2.36B

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

In 2022, countries that imported more from Mozambique than Armenia included India ($2.62B), South Africa ($1.07B), and South Korea ($954M).

In 2022, countries that imported more from Armenia than Mozambique included Russia ($2.36B), Georgia ($260M), and Iraq ($250M).

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

Comparative Advantage Mozambique - Armenia

Flow
Scale

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

During 2022, Mozambique had a large net trade with Armenia in the exports of Precious Metals ($184k).

During 2017, Armenia had a large net trade with Mozambique in the exports of Plastics and Rubbers ($506k), Metals ($372k), and Machines ($242).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Mozambique Armenia+$177kPrecious Stones
Top Product Potential Armenia Mozambique+$2.84kFerroalloys

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

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

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