Saudi Arabia / Armenia

Saudi Arabia-Armenia Trade: In 2022, Saudi Arabia exported $2.83M to Armenia. The main products that Saudi Arabia exported to Armenia were Ethylene Polymers ($1.32M), Propylene Polymers ($1.13M), and Other Processed Vegetables ($181k). Over the past 5 years the exports of Saudi Arabia to Armenia have increased at an annualized rate of 9.58%, from $1.79M in 2017 to $2.83M in 2022.

In 2022, Saudi Arabia did not export any services to Armenia.

Armenia-Saudi Arabia Trade: In 2022, Armenia exported $1.25M to Saudi Arabia. The main products that Armenia exported to Saudi Arabia were Aluminium Structures ($493k), Chocolate ($204k), and House Linens ($164k). Over the past 5 years the exports of Armenia to Saudi Arabia have increased at an annualized rate of 11.2%,  from $738k in 2017 to $1.25M in 2022.

In 2022, Armenia did not export any services to Saudi Arabia.

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). That same year, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B).