Poland (POL) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Poland-Armenia Trade: In 2023, Poland exported $200M to Armenia. The main products that Poland exported to Armenia were Buses ($53.9M), Office Machine Parts ($17M), and Computers ($8.01M). Over the past 5 years the exports of Poland to Armenia have increased at an annualized rate of 32.7%, from $48.6M in 2018 to $200M in 2023.

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

Armenia-Poland Trade: In 2023, Armenia exported $32.3M to Poland. The main products that Armenia exported to Poland were Aluminium Foil ($15M), Ferroalloys ($11.4M), and Non-Knit Men's Suits ($1.42M). Over the past 5 years the exports of Armenia to Poland have increased at an annualized rate of 22.8%, from $11.5M in 2018 to $32.3M in 2023.

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

Comparison: In 2023, Poland ranked 24 in the Economic Complexity Index (ECI 1.09), and 23 in total exports ($339B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Poland exported $200M to Armenia. The main products exported from Poland to Armenia were Buses ($53.9M), Office Machine Parts ($17M), and Computers ($8.01M). During the last 5 years the exports of Poland to Armenia have increased at an annualized rate of 32.7%, from $48.6M in 2018 to $200M in 2023.

In 2018, Armenia exported $32.3M to Poland. The main products exported from Armenia to Poland were Aluminium Foil ($15M), Ferroalloys ($11.4M), and Non-Knit Men's Suits ($1.42M). During the last 5 years the exports of Armenia to Poland have increased at an annualized rate of 22.8%, from $11.5M in 2023 to $32.3M in 2018.

Exports from Poland () to Armenia () (2023)

Exports from Armenia () to Poland () (2023)

Latest Data

Trade between Poland () and Armenia ()

Poland Exports

Date

Armenia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Poland
Top DestinationGermany$84B

Armenia
Top DestinationRussia$3.38B

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

In 2023, countries that imported more from Poland than Armenia included Germany ($84B), United Kingdom ($19.4B), and Czechia ($19.3B).

In 2023, countries that imported more from Armenia than Poland included United Arab Emirates ($2.25B), Hong Kong ($669M), and Botswana ($114M).

Difference in imports from Armenia () and Poland () (2023)

Comparative Advantage Poland - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Poland had a large net trade with Armenia in the exports of Transportation ($69.8M), Machines ($61.8M), and Chemical Products ($16.2M).

During 2018, Armenia had a large net trade with Poland in the exports of Metals ($26.4M), Foodstuffs ($2.39M), and Textiles ($2.21M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Poland Armenia+$3.57MComputers

Top Product Potential Armenia Poland+$2.83MFerroalloys

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

Year

This visualization shows the product space at the HS4 level with the flags of Poland and Armenia. This means that a dot/product with the flag of Poland indicates it has a comparative advantage over Armenia. Similarly, a dot/product with the flag of Armenia indicates it has a comparative advantage over Poland.

About

Historical Data

Bilateral Trade by Products

Exports from Poland () to Armenia () (2023)

Exports from Armenia () to Poland () (2023)

Latest Data

Trade between Poland () and Armenia ()

Poland Exports

Armenia Exports

Market Competitiveness

Difference in imports from Armenia () and Poland () (2023)

Comparative Advantage Poland - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Poland () and Armenia () (2023)

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