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2022
Flag → Flag
Exports $4.81MRnk 40 / 129
2022
Flag → Flag
Top Product $2.3MDiamonds
2022
Flag → Flag
Exports $45.8MRnk 114 / 218
2022
Flag → Flag
Top Product $9.08MCars
2022
Flag
Economic Complexity (ECI) ECI 0.00081Rnk 66 / 133
2022
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Economic Complexity (ECI) ECI 0.96Rnk 29 / 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$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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$6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 186

About

Armenia-Thailand In 2022, Armenia exported $4.81M to Thailand. The main products that Armenia exported to Thailand are Diamonds ($2.3M), Raw Aluminium ($1.29M), and Molybdenum Ore ($757k). During the last 26 years the exports of Armenia to Thailand have increased at an annualized rate of 13.2%, from $193k in 1996 to $4.81M in 2022.

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

Thailand-Armenia In 2022, Thailand exported $45.8M to Armenia. The main products that Thailand exported to Armenia were Cars ($9.08M), Precious Stones ($6.91M), and Delivery Trucks ($3.56M). During the last 26 years the exports of Thailand to Armenia have increased at an annualized rate of 33.8%, from $23.6k in 1996 to $45.8M in 2022.

In 2022, Thailand 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, Thailand ranked 29 in the Economic Complexity Index (ECI 0.96), and 27 in total exports ($312B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $4.81M to Thailand. The main products exported from Armenia to Thailand were Diamonds ($2.3M), Raw Aluminium ($1.29M), and Molybdenum Ore ($757k). During the last 26 years the exports of Armenia to Thailand have increased at an annualized rate of 13.2%, from $193k in 1996 to $4.81M in 2022.

In 2022, Thailand exported $45.8M to Armenia. The main products exported from Thailand to Armenia were Cars ($9.08M), Precious Stones ($6.91M), and Delivery Trucks ($3.56M). During the last 27 years the exports of Thailand to Armenia have increased at an annualized rate of 33.8%, from $23.6k in 1995 to $45.8M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Thailand (Flag)

Armenia Exports

Thailand Exports

Market Competitiveness

Color
Armenia
Top DestinationRussia$2.36B
Thailand
Top DestinationUnited States$53.4B

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

In 2021, countries that imported more from Armenia than Thailand were Russia ($2.36B), Georgia ($260M), and Bulgaria ($210M).

In 2021, countries that imported more from Thailand than Armenia were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

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

Comparative Advantage Armenia - Thailand

Flow
Scale

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

During 2022, Armenia had a large net trade with Thailand in the exports of Precious Metals ($2.56M), Metals ($1.29M), and Mineral Products ($757k).

During 2022, Thailand had a large net trade with Armenia in the exports of Transportation ($12.9M), Precious Metals ($11.2M), and Machines ($9.36M).

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

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

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