2022
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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
$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH
-12.1%CURRENT US$
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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
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GDP PC
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
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GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186

About

Armenia-Ukraine In 2022, Armenia exported $13M to Ukraine. The main products that Armenia exported to Ukraine are Hard Liquor ($8.06M), Rolled Tobacco ($1.96M), and Packaged Medicaments ($325k). During the last 26 years the exports of Armenia to Ukraine have increased at an annualized rate of 4.69%, from $3.96M in 1996 to $13M in 2022.

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

Ukraine-Armenia In 2022, Ukraine exported $75.1M to Armenia. The main products that Ukraine exported to Armenia were Rolled Tobacco ($9.74M), Poultry Meat ($8.69M), and Chocolate ($3.81M). During the last 26 years the exports of Ukraine to Armenia have increased at an annualized rate of 4.32%, from $25M in 1996 to $75.1M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Armenia exported $13M to Ukraine. The main products exported from Armenia to Ukraine were Hard Liquor ($8.06M), Rolled Tobacco ($1.96M), and Packaged Medicaments ($325k). During the last 26 years the exports of Armenia to Ukraine have increased at an annualized rate of 4.69%, from $3.96M in 1996 to $13M in 2022.

In 2022, Ukraine exported $75.1M to Armenia. The main products exported from Ukraine to Armenia were Rolled Tobacco ($9.74M), Poultry Meat ($8.69M), and Chocolate ($3.81M). During the last 26 years the exports of Ukraine to Armenia have increased at an annualized rate of 4.32%, from $25M in 1996 to $75.1M in 2022.

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

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

Latest Data

Trade between Armenia (Flag) and Ukraine (Flag)

Armenia Exports

Ukraine Exports

Market Competitiveness

Color
Armenia
Top Destination
Russia$2.36B
Ukraine
Top Destination
Poland$6.7B

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

In 2021, countries that imported more from Armenia than Ukraine were Russia ($2.36B), United Arab Emirates ($535M), and Switzerland ($257M).

In 2021, countries that imported more from Ukraine than Armenia were Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

Comparative Advantage Armenia - Ukraine

Flow
Scale

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

During 2022, Armenia had a large net trade with Ukraine in the exports of Foodstuffs ($10.9M), Chemical Products ($626k), and Metals ($411k).

During 2022, Ukraine had a large net trade with Armenia in the exports of Foodstuffs ($24.2M), Machines ($11.3M), and Animal Products ($11M).

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

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

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