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Pricing

2022
Flag → Flag
Exports $1.52MRnk 53 / 129
2022
Flag → Flag
Exports $48MRnk 79 / 208
2022
Flag → Flag
Top Product $19.5MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.33Rnk 50 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP$219BCURRENT US$
Rnk 54 / 186
2012-2022
Flag
GDP GROWTH-9.49%CURRENT US$
Rnk 174 / 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$20,732CURRENT US$
Rnk 50 / 186
2012-2022
Flag
GDP PC GROWTH-5.39%CURRENT US$
Rnk 154 / 186

About

Armenia-Greece Trade: In 2022, Armenia exported $1.52M to Greece. The main products that Armenia exported to Greece were N/A. Over the past 5 years the exports of Armenia to Greece have decreased at an annualized rate of 21%, from $4.94M in 2017 to $1.52M in 2022.

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

Greece-Armenia Trade: In 2022, Greece exported $48M to Armenia. The main products that Greece exported to Armenia were Refined Petroleum ($19.5M), Aluminium Foil ($7.32M), and Aluminium Bars ($6.01M). Over the past 5 years the exports of Greece to Armenia have increased at an annualized rate of 11.4%,  from $28M in 2017 to $48M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Latest Data

Trade between Armenia (Flag) and Greece (Flag)

Armenia Exports

Greece Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Greece
Top DestinationItaly$5.82B

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

In 2022, countries that imported more from Armenia than Greece included Russia ($2.36B), Iraq ($250M), and United Arab Emirates ($535M).

In 2022, countries that imported more from Greece than Armenia included Italy ($5.82B), Bulgaria ($3.62B), and Germany ($3.45B).

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

Potential Exports

Potential Exports

Depth
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Top Product Potential Armenia Greece+$393kAluminium Foil
Top Product Potential Greece Armenia+$1.83MRefined Petroleum

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

Product Space of Armenia (Flag) and Greece (Flag) (NaN)

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