Armenia / Georgia

Armenia-Georgia Trade: In 2022, Armenia exported $260M to Georgia. The main products that Armenia exported to Georgia were Precious Metal Ore ($86.3M), Other Processed Fruits and Nuts ($32.3M), and Electricity ($21.3M). Over the past 5 years the exports of Armenia to Georgia have increased at an annualized rate of 11.5%, from $150M in 2017 to $260M in 2022.

In 2022, Armenia did not export any services to Georgia.

Georgia-Armenia Trade: In 2022, Georgia exported $571M to Armenia. The main products that Georgia exported to Armenia were Cars ($135M), Large Construction Vehicles ($21.4M), and Flavored Water ($13.7M). Over the past 5 years the exports of Georgia to Armenia have increased at an annualized rate of 21.6%,  from $214M in 2017 to $571M in 2022.

In 2022, Georgia 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, Georgia ranked 64 in the Economic Complexity Index (ECI 0.036), and 118 in total exports ($6.82B).