2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
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GDP GROWTH
83.7%CURRENT US$
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2022
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 GDP
$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH
29.2%CURRENT US$
Rnk 102 / 186
2022
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GDP PC 
$7,014CURRENT US$
Rnk 91 / 186
2012-2022
Flag
GDP PC GROWTH
92.5%CURRENT US$
Rnk 10 / 186
2022
Flag
GDP PC
$11,972CURRENT US$
Rnk 69 / 186
2012-2022
Flag
GDP PC GROWTH
12.9%CURRENT US$
Rnk 104 / 186

About

Armenia-Malaysia In 2022, Armenia exported $3.34M to Malaysia. The main products that Armenia exported to Malaysia are Precious Metal Ore ($3.11M), Integrated Circuits ($104k), and Non-Knit Men's Coats ($26.2k). During the last 27 years the exports of Armenia to Malaysia have increased at an annualized rate of 31.1%, from $2.22k in 1995 to $3.34M in 2022.

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

Malaysia-Armenia In 2022, Malaysia exported $23.6M to Armenia. The main products that Malaysia exported to Armenia were Other Domestic Electric Housewares ($4.14M), Electric Heaters ($3.54M), and Integrated Circuits ($2.54M). During the last 27 years the exports of Malaysia to Armenia have increased at an annualized rate of 30.5%, from $17.7k in 1995 to $23.6M in 2022.

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

Comparison In 2022,  Armenia ranked 74 in the Economic Complexity Index (ECI -0.24), and 122 in total exports ($5.78B). That same year, Malaysia ranked 28 in the Economic Complexity Index (ECI 0.96), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $3.34M to Malaysia. The main products exported from Armenia to Malaysia were Precious Metal Ore ($3.11M), Integrated Circuits ($104k), and Non-Knit Men's Coats ($26.2k). During the last 27 years the exports of Armenia to Malaysia have increased at an annualized rate of 31.1%, from $2.22k in 1995 to $3.34M in 2022.

In 2022, Malaysia exported $23.6M to Armenia. The main products exported from Malaysia to Armenia were Other Domestic Electric Housewares ($4.14M), Electric Heaters ($3.54M), and Integrated Circuits ($2.54M). During the last 27 years the exports of Malaysia to Armenia have increased at an annualized rate of 30.5%, from $17.7k in 1995 to $23.6M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Malaysia (Flag)

Armenia Exports

Malaysia Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Malaysia
Top Destination
Singapore$53.8B

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

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

In 2021, countries that imported more from Malaysia than Armenia were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Armenia - Malaysia

Flow
Scale

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

During 2022, Armenia had a large net trade with Malaysia in the exports of Mineral Products ($3.11M), Machines ($162k), and Textiles ($51.7k).

During 2022, Malaysia had a large net trade with Armenia in the exports of N/A.

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

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

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