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Pricing

2021
Flag → Flag
Exports $485Rnk 53 / 0
2021
Flag → Flag
Exports $1.7kRnk 139 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
 GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
GDP PC $238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH0.099%CURRENT US$
Rnk 140 / 186
2022
Flag
GDP PC$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186

About

Burundi-Armenia Trade: In 2021, Burundi exported $485 to Armenia. The main products that Burundi exported to Armenia were N/A. Over the past 14 years the exports of Burundi to Armenia have decreased at an annualized rate of 16.1%, from $5.69k in 2007 to $485 in 2021.

In 2021, Burundi did not export any services to Armenia.

Armenia-Burundi Trade: In 2021, Armenia exported $1.7k to Burundi. The main products that Armenia exported to Burundi were N/A. Over the past 14 years the exports of Armenia to Burundi have decreased at an annualized rate of 22.7%,  from $6.16k in 2007 to $1.7k in 2021.

In 2021, Armenia did not export any services to Burundi.

Comparison In 2022,  Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index. 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 2021, Burundi exported $485 to Armenia. There were not main exports from Burundi to Armenia in 2021. During the last 14 years the exports of Burundi to Armenia have decreased at an annualized rate of 16.1%, from $5.69k in 2007 to $485 in 2021.

In 2016, Armenia exported $1.7k to Burundi. There were not main exports from Armenia to Burundi in 2016. During the last 5 years the exports of Armenia to Burundi have decreased at an annualized rate of 22.7%, from $6.16k in 2021 to $1.7k in 2016.

Exports from Burundi (Flag) to Armenia (Flag) (2021)

Exports from Armenia (Flag) to Burundi (Flag) (2021)

Market Competitiveness

Color
Burundi
Top DestinationUnited Arab Emirates$59.9M
Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Burundi than Armenia included Democratic Republic of the Congo ($25.7M), Sudan ($9.21M), and Tanzania ($7.94M).

In 2022, countries that imported more from Armenia than Burundi included Russia ($2.36B), United Arab Emirates ($535M), and China ($420M).

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

Comparative Advantage Burundi - Armenia

Flow
Scale

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

During 2021, Burundi had a large net trade with Armenia in the exports of .

During 2016, Armenia had a large net trade with Burundi in the exports of .

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Burundi Armenia+$2.04kGold
Top Product Potential Armenia Burundi+$1.44kCars

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

Product Space of Burundi (Flag) and Armenia (Flag) (2021)

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