Portugal-Armenia Trade: In 2022, Portugal exported $10.7M to Armenia. The main products that Portugal exported to Armenia were Agglomerated Cork ($2.64M), Plastic Wash Basins ($539k), and Industrial Printers ($479k). Over the past 5 years the exports of Portugal to Armenia have increased at an annualized rate of 12.6%, from $5.93M in 2017 to $10.7M in 2022.
In 2022, Portugal did not export any services to Armenia.
Armenia-Portugal Trade: In 2022, Armenia exported $131k to Portugal. The main products that Armenia exported to Portugal were Aluminium Foil ($67.9k), Agglomerated Cork ($38.8k), and Paintings ($3.25k). Over the past 5 years the exports of Armenia to Portugal have decreased at an annualized rate of 17.5%, from $415k in 2017 to $131k in 2022.
In 2022, Armenia did not export any services to Portugal.
Comparison: In 2022, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).