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2023
Flag → Flag
Exports $11.1MRnk 116 / 205
2023
Flag → Flag
Top Product $1.23MRice
2023
Flag → Flag
Exports $513kRnk 73 / 133
2023
Flag → Flag
Top Product $444kVaccines, blood, antisera, toxins and cultures
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.094Rnk 57 / 132
2023
Flag  
GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP$24.1BCURRENT US$
Rnk 114 / 195
2013-2023
Flag
GDP GROWTH117%CURRENT US$
Rnk 9 / 195
2023
Flag
GDP PC $1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$8,053CURRENT US$
Rnk 96 / 196
2013-2023
Flag
GDP PC GROWTH119%CURRENT US$
Rnk 4 / 195

About

Pakistan-Armenia Trade: In 2023, Pakistan exported $11.1M to Armenia. The main products that Pakistan exported to Armenia were Rice ($1.23M), Knit Sweaters ($1.17M), and Non-Knit Men's Suits ($1.14M). Over the past 5 years the exports of Pakistan to Armenia have increased at an annualized rate of 20.8%, from $4.33M in 2018 to $11.1M in 2023.

In 2023, Pakistan did not export any services to Armenia.

Armenia-Pakistan Trade: In 2023, Armenia exported $513k to Pakistan. The main products that Armenia exported to Pakistan were Vaccines, blood, antisera, toxins and cultures ($444k), Petroleum Gas ($44.8k), and Tanned Equine and Bovine Hides ($18.4k). Over the past 5 years the exports of Armenia to Pakistan have increased at an annualized rate of 21.5%,  from $194k in 2018 to $513k in 2023.

In 2023, Armenia did not export any services to Pakistan.

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Armenia ranked 57 in the Economic Complexity Index (ECI 0.094), and 107 in total exports ($9.02B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Pakistan exported $11.1M to Armenia. The main products exported from Pakistan to Armenia were Rice ($1.23M), Knit Sweaters ($1.17M), and Non-Knit Men's Suits ($1.14M). During the last 5 years the exports of Pakistan to Armenia have increased at an annualized rate of 20.8%, from $4.33M in 2018 to $11.1M in 2023.

In 2018, Armenia exported $513k to Pakistan. The main products exported from Armenia to Pakistan were Vaccines, blood, antisera, toxins and cultures ($444k), Petroleum Gas ($44.8k), and Tanned Equine and Bovine Hides ($18.4k). During the last 5 years the exports of Armenia to Pakistan have increased at an annualized rate of 21.5%, from $194k in 2023 to $513k in 2018.

Exports from Pakistan (Flag) to Armenia (Flag) (2023)

Exports from Armenia (Flag) to Pakistan (Flag) (2023)

Latest Data

Trade between Pakistan (Flag) and Armenia (Flag)

Pakistan Exports

Armenia Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$5.18B
Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Pakistan than Armenia included United States ($5.18B), China ($3.4B), and Germany ($2.43B).

In 2023, countries that imported more from Armenia than Pakistan included Russia ($3.38B), Hong Kong ($669M), and Georgia ($340M).

Difference in imports from Armenia (Flag) and Pakistan (Flag) (2023)

Comparative Advantage Pakistan - Armenia

Flow
Scale

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

During 2023, Pakistan had a large net trade with Armenia in the exports of Textiles ($6.39M), Vegetable Products ($2.11M), and Chemical Products ($1.09M).

During 2018, Armenia had a large net trade with Pakistan in the exports of Chemical Products ($444k), Mineral Products ($44.8k), and Animal Hides ($18.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Armenia+$1.05MNon-Knit Men's Suits
Top Product Potential Armenia Pakistan+$439kVaccines, blood, antisera, toxins and cultures

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

Product Space of Pakistan (Flag) and Armenia (Flag) (2023)

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