Armenia (ARM) and Japan (JPN) Trade | The Observatory of Economic Complexity

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Armenia-Japan Trade: In 2022, Armenia exported $23.3M to Japan. The main products that Armenia exported to Japan were Non-Knit Women's Coats ($14.8M), Non-Knit Men's Coats ($4.84M), and Raw Aluminium ($2.12M). Over the past 5 years the exports of Armenia to Japan have increased at an annualized rate of 17.9%, from $10.3M in 2017 to $23.3M in 2022.

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

Japan-Armenia Trade: In 2022, Japan exported $124M to Armenia. The main products that Japan exported to Armenia were Cars ($52.8M), Delivery Trucks ($14.9M), and Large Construction Vehicles ($12.2M). Over the past 5 years the exports of Japan to Armenia have increased at an annualized rate of 26.6%, from $38M in 2017 to $124M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Armenia exported $23.3M to Japan. The main products exported from Armenia to Japan were Non-Knit Women's Coats ($14.8M), Non-Knit Men's Coats ($4.84M), and Raw Aluminium ($2.12M). During the last 5 years the exports of Armenia to Japan have increased at an annualized rate of 17.9%, from $10.3M in 2017 to $23.3M in 2022.

In 2017, Japan exported $124M to Armenia. The main products exported from Japan to Armenia were Cars ($52.8M), Delivery Trucks ($14.9M), and Large Construction Vehicles ($12.2M). During the last 5 years the exports of Japan to Armenia have increased at an annualized rate of 26.6%, from $38M in 2022 to $124M in 2017.

Exports from Armenia () to Japan () (2022)

Exports from Japan () to Armenia () (2022)

Latest Data

Trade between Armenia () and Japan ()

Armenia Exports

Date

Japan Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$2.36B

Japan
Top DestinationUnited States$137B

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

In 2022, countries that imported more from Armenia than Japan included Iran ($111M), Belarus ($74.6M), and Syria ($5.64M).

In 2022, countries that imported more from Japan than Armenia included United States ($137B), China ($135B), and South Korea ($50.8B).

Difference in imports from Japan () and Armenia () (2022)

Comparative Advantage Armenia - Japan

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Armenia had a large net trade with Japan in the exports of Textiles ($20M), Metals ($2.12M), and Foodstuffs ($626k).

During 2017, Japan had a large net trade with Armenia in the exports of Transportation ($73.2M), Machines ($26.2M), and Instruments ($9.03M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Armenia Japan+$2.68MNon-Knit Men's Coats

Top Product Potential Japan Armenia+$25.9MCars

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

Year

This visualization shows the product space at the HS4 level with the flags of Armenia and Japan. This means that a dot/product with the flag of Armenia indicates it has a comparative advantage over Japan. Similarly, a dot/product with the flag of Japan indicates it has a comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Japan () (2022)

Exports from Japan () to Armenia () (2022)

Latest Data

Trade between Armenia () and Japan ()

Armenia Exports

Japan Exports

Market Competitiveness

Difference in imports from Japan () and Armenia () (2022)

Comparative Advantage Armenia - Japan

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Armenia () and Japan () (2022)

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