Armenia (ARM) and Belarus (BLR) Trade | The Observatory of Economic Complexity

About

Armenia-Belarus In 2022, Armenia exported $74.6M to Belarus. The main products that Armenia exported to Belarus are Broadcasting Equipment ($18.2M), Hard Liquor ($11.4M), and Diamonds ($6.15M). During the last 25 years the exports of Armenia to Belarus have increased at an annualized rate of 18.6%, from $1.05M in 1997 to $74.6M in 2022.

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

Belarus-Armenia In 2022, Belarus exported $107M to Armenia. The main products that Belarus exported to Armenia were Diamonds ($24.2M), Concentrated Milk ($20.1M), and Hard Liquor ($5.69M). During the last 25 years the exports of Belarus to Armenia have increased at an annualized rate of 18.9%, from $1.39M in 1997 to $107M in 2022.

In 2014, Belarus exported services to Armenia worth $46k, with Government services, n.i.e. ($28.6k), Computer and information services ($11.4k), and Royalties and license fees ($4.6k) being the largest in terms of value.

Comparison In 2022, Armenia ranked 66 in the Economic Complexity Index (ECI 0.00081), and 122 in total exports ($5.78B). That same year, Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Armenia exported $74.6M to Belarus. The main products exported from Armenia to Belarus were Broadcasting Equipment ($18.2M), Hard Liquor ($11.4M), and Diamonds ($6.15M). During the last 25 years the exports of Armenia to Belarus have increased at an annualized rate of 18.6%, from $1.05M in 1997 to $74.6M in 2022.

In 2022, Belarus exported $107M to Armenia. The main products exported from Belarus to Armenia were Diamonds ($24.2M), Concentrated Milk ($20.1M), and Hard Liquor ($5.69M). During the last 25 years the exports of Belarus to Armenia have increased at an annualized rate of 18.9%, from $1.39M in 1997 to $107M in 2022.

Exports from Armenia () to Belarus () (2022)

Exports from Belarus () to Armenia () (2022)

Latest Data

Trade between Armenia () and Belarus ()

Armenia Exports

Date

Belarus Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Armenia
Top DestinationRussia$2.36B

Belarus
Top DestinationChina$1.6B

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

In 2021, countries that imported more from Armenia than Belarus were Russia ($2.36B), United Arab Emirates ($535M), and Iraq ($250M).

In 2021, countries that imported more from Belarus than Armenia were Ukraine ($1.29B), China ($1.6B), and Poland ($933M).

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

Comparative Advantage Armenia - Belarus

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Armenia had a large net trade with Belarus in the exports of Machines ($35.4M), Foodstuffs ($13.1M), and Precious Metals ($7.34M).

During 2022, Belarus had a large net trade with Armenia in the exports of Precious Metals ($24.4M), Animal Products ($22.6M), and Foodstuffs ($11.5M).

Service Trade

Bilateral Service Trade

Blr Year

In 2014, Belarus exported services to Armenia worth $46k, with Government services, n.i.e. ($28.6k), Computer and information services ($11.4k), and Royalties and license fees ($4.6k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Belarus () to Armenia () (2014)

Economic Complexity

Competitive Landscape

Year

This visualization show the product space at the HS4 level colored from blue to yellow. This mean that the more blue a dot/product is, the more Armenia has comparative advantage over Belarus. Similarly, the more yellow a dot/product is, the more Belarus has comparative advantage over Armenia.

About

Historical Data

Bilateral Trade by Products

Exports from Armenia () to Belarus () (2022)

Exports from Belarus () to Armenia () (2022)

Latest Data

Trade between Armenia () and Belarus ()

Armenia Exports

Belarus Exports

Market Competitiveness

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

Comparative Advantage Armenia - Belarus

Service Trade

Bilateral Service Trade

Services Exports from Belarus () to Armenia () (2014)

Economic Complexity

Competitive Landscape

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

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