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2022
Flag → Flag
Exports $375kRnk 72 / 129
2022
Flag → Flag
Top Product $308kRaw Aluminium
2022
Flag → Flag
Exports $30MRnk 130 / 216
2022
Flag → Flag
Top Product $16.8MCoffee
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
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Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH83.7%CURRENT US$
Rnk 25 / 186
2022
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 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
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GDP GROWTH43.7%CURRENT US$
Rnk 79 / 186
2022
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GDP PC $7,014CURRENT US$
Rnk 91 / 186
2012-2022
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GDP PC GROWTH92.5%CURRENT US$
Rnk 10 / 186
2022
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GDP PC$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Armenia-Indonesia In 2022, Armenia exported $375k to Indonesia. The main products that Armenia exported to Indonesia are Raw Aluminium ($308k), Raw Plastic Sheeting ($33.8k), and Fishing and Hunting Equipment ($15.1k). During the last 25 years the exports of Armenia to Indonesia have increased at an annualized rate of 5.49%, from $98.7k in 1997 to $375k in 2022.

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

Indonesia-Armenia In 2022, Indonesia exported $30M to Armenia. The main products that Indonesia exported to Armenia were Coffee ($16.8M), Raw Plastic Sheeting ($1.73M), and Cars ($1.03M). During the last 25 years the exports of Indonesia to Armenia have increased at an annualized rate of 22.8%, from $176k in 1997 to $30M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $375k to Indonesia. The main products exported from Armenia to Indonesia were Raw Aluminium ($308k), Raw Plastic Sheeting ($33.8k), and Fishing and Hunting Equipment ($15.1k). During the last 25 years the exports of Armenia to Indonesia have increased at an annualized rate of 5.49%, from $98.7k in 1997 to $375k in 2022.

In 2022, Indonesia exported $30M to Armenia. The main products exported from Indonesia to Armenia were Coffee ($16.8M), Raw Plastic Sheeting ($1.73M), and Cars ($1.03M). During the last 25 years the exports of Indonesia to Armenia have increased at an annualized rate of 22.8%, from $176k in 1997 to $30M in 2022.

Exports from Armenia (Flag) to Indonesia (Flag) (2022)

Exports from Indonesia (Flag) to Armenia (Flag) (2022)

Latest Data

Trade between Armenia (Flag) and Indonesia (Flag)

Armenia Exports

Indonesia Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Indonesia
Top DestinationChina$67.7B

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

In 2021, countries that imported more from Armenia than Indonesia were Russia ($2.36B), Georgia ($260M), and Belarus ($74.6M).

In 2021, countries that imported more from Indonesia than Armenia were China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Armenia - Indonesia

Flow
Scale

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

During 2022, Armenia had a large net trade with Indonesia in the exports of Metals ($308k), Plastics and Rubbers ($36.6k), and Miscellaneous ($17.7k).

During 2022, Indonesia had a large net trade with Armenia in the exports of Vegetable Products ($16.9M), Machines ($3.17M), and Paper Goods ($2.56M).

Economic Complexity

Competitive Landscape

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 Indonesia. Similarly, the more yellow a dot/product is, the more Indonesia has comparative advantage over Armenia.

Product Space of Armenia (Flag) and Indonesia (Flag) (2022)

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