Macau (MAC) and Armenia (ARM) Trade | The Observatory of Economic Complexity

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Macau-Armenia Trade: In 2022, Macau exported $12.1k to Armenia. The main products that Macau exported to Armenia were Non-Knit Women's Suits ($11.5k), Liquid Pumps ($298), and Breathing Appliances ($216). Over the past 5 years the exports of Macau to Armenia have increased at an annualized rate of 71.8%, from $806 in 2017 to $12.1k in 2022.

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

Armenia-Macau Trade: In 2022, Armenia exported $1.87M to Macau. The main products that Armenia exported to Macau were Non-Knit Women's Suits ($835k), Knit Women's Coats ($421k), and Non-Knit Women's Coats ($392k). Over the past 5 years the exports of Armenia to Macau have increased at an annualized rate of 109%, from $46.8k in 2017 to $1.87M in 2022.

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

Comparison In 2022, Macau ranked 146 in total exports ($1.88B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Macau exported $12.1k to Armenia. The main products exported from Macau to Armenia were Non-Knit Women's Suits ($11.5k), Liquid Pumps ($298), and Breathing Appliances ($216). During the last 5 years the exports of Macau to Armenia have increased at an annualized rate of 71.8%, from $806 in 2017 to $12.1k in 2022.

In 2017, Armenia exported $1.87M to Macau. The main products exported from Armenia to Macau were Non-Knit Women's Suits ($835k), Knit Women's Coats ($421k), and Non-Knit Women's Coats ($392k). During the last 5 years the exports of Armenia to Macau have increased at an annualized rate of 109%, from $46.8k in 2022 to $1.87M in 2017.

Exports from Macau () to Armenia () (2022)

Exports from Armenia () to Macau () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Macau
Top DestinationHong Kong$1.22B

Armenia
Top DestinationRussia$2.36B

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

In 2022, countries that imported more from Macau than Armenia included Hong Kong ($1.22B), United States ($135M), and Israel ($37.4M).

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

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

Comparative Advantage Macau - Armenia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Macau had a large net trade with Armenia in the exports of Textiles ($11.5k), Machines ($315), and Instruments ($216).

During 2017, Armenia had a large net trade with Macau in the exports of Textiles ($1.85M), Miscellaneous ($16k), and Animal Hides ($2k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Macau () to Armenia () (2022)

Exports from Armenia () to Macau () (2022)

Market Competitiveness

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

Comparative Advantage Macau - Armenia

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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