2022
Flag  
GDP
$19.5BCURRENT US$
Rnk 117 / 186
2012-2022
Flag
GDP GROWTH
83.7%CURRENT US$
Rnk 25 / 186
2022
Flag
 GDP
$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH
-3.33%CURRENT US$
Rnk 168 / 186
2022
Flag
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
$4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH
-18.4%CURRENT US$
Rnk 170 / 186

About

Armenia-Namibia In 2022, Armenia exported $4.88k to Namibia. The main products that Armenia exported to Namibia are Unpackaged Medicaments ($2.67k) and Packaged Medicaments ($2.21k). During the last 21 years the exports of Armenia to Namibia have decreased at an annualized rate of 1.54%, from $6.76k in 2001 to $4.88k in 2022.

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

Namibia-Armenia In 2022, Namibia exported $244 to Armenia. The main products that Namibia exported to Armenia were Grapes ($153), Gaskets ($41), and Leather Footwear ($34). During the last 21 years the exports of Namibia to Armenia have decreased at an annualized rate of 3.03%, from $466 in 2001 to $244 in 2022.

In 2022, Namibia 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, Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $4.88k to Namibia. The main products exported from Armenia to Namibia were Unpackaged Medicaments ($2.67k) and Packaged Medicaments ($2.21k). During the last 21 years the exports of Armenia to Namibia have decreased at an annualized rate of 1.54%, from $6.76k in 2001 to $4.88k in 2022.

In 2022, Namibia exported $244 to Armenia. The main products exported from Namibia to Armenia were Grapes ($153), Gaskets ($41), and Leather Footwear ($34). During the last 17 years the exports of Namibia to Armenia have decreased at an annualized rate of 3.03%, from $466 in 2005 to $244 in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Namibia (Flag)

Armenia Exports

Date

Namibia Exports

Date

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Namibia
Top Destination
South Africa$1.75B

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

In 2021, countries that imported more from Armenia than Namibia were Russia ($2.36B), United Arab Emirates ($535M), and Georgia ($260M).

In 2021, countries that imported more from Namibia than Armenia were South Africa ($1.75B), Botswana ($672M), and Zambia ($279M).

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

Comparative Advantage Armenia - Namibia

Flow
Scale

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

During 2022, Armenia had a large net trade with Namibia in the exports of Chemical Products ($4.88k).

During 2022, Namibia had a large net trade with Armenia in the exports of Vegetable Products ($153), Machines ($41), and Footwear and Headwear ($34).

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

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

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