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Pricing

2021
Flag → Flag
Exports $1.7kRnk 127 / 0
2021
Flag → Flag
Exports $485Rnk 5 / 0
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$3.07BCURRENT US$
Rnk 161 / 186
2012-2022
Flag
GDP GROWTH31.7%CURRENT US$
Rnk 94 / 186
2022
Flag
GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC$238CURRENT US$
Rnk 186 / 186
2012-2022
Flag
GDP PC GROWTH0.099%CURRENT US$
Rnk 140 / 186

About

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 11 years the exports of Armenia to Burundi have decreased at an annualized rate of 21.4%, from $24.2k in 2010 to $1.7k in 2021.

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

Burundi-Armenia Trade: In 2021, Burundi exported $485 to Armenia. The main products that Burundi exported to Armenia were N/A. Over the past 11 years the exports of Burundi to Armenia have decreased at an annualized rate of 9.5%,  from $799 in 2010 to $485 in 2021.

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

Comparison In 2022,  Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081),  and 122 in total exports ($5.78B). That same year, Burundi ranked 190 in total exports ($187M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2021, Armenia exported $1.7k to Burundi. There were not main exports from Armenia to Burundi in 2021. During the last 11 years the exports of Armenia to Burundi have decreased at an annualized rate of 21.4%, from $24.2k in 2010 to $1.7k in 2021.

In 2016, Burundi exported $485 to Armenia. There were not main exports from Burundi to Armenia in 2016. During the last 5 years the exports of Burundi to Armenia have decreased at an annualized rate of 9.5%, from $799 in 2021 to $485 in 2016.

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

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

Market Competitiveness

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

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

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

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).

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

Comparative Advantage Armenia - Burundi

Flow
Scale

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

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

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

Potential Exports

Potential Exports

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

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

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

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