{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:57.239Z",
  "seo": {
    "title": "United Arab Emirates exports to Armenia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from United Arab Emirates to Armenia, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "ARE",
    "country_name": "United Arab Emirates"
  },
  "importer": {
    "iso3": "ARM",
    "country_name": "Armenia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ARE",
    "importer_iso3": "ARM",
    "all_history_lane_count": 83,
    "current_lane_count": 65,
    "current_product_count": 65,
    "first_observed_last_year": 1997,
    "latest_data_year": 2024,
    "current_trade_usd": 1705627780.4382594,
    "attention_trade_usd": 1680617517.324574,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 1674449377.671256,
    "unrecovered_drawdown_trade_usd": 9048340.476346472,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 1683939914.4363487,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 13,
    "high_volatility_lane_count": 50,
    "unrecovered_drawdown_lane_count": 35,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 35,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.656331040084161,
    "trade_weighted_below_peak_pct": 1.2088004110893125,
    "product_concentration_hhi": 7863.32850627938,
    "top1_product_share_pct": 88.59377234970049,
    "top3_product_share_pct": 92.33349617987521,
    "top_product_hs6": "490700",
    "top_product_trade_usd": 1511079992.9347208,
    "top_product_description": "Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title",
    "top_attention_product_hs6": "490700",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 1979.161376953125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 4.44078712348659,
    "avg_mfn_tariff_pct": 4.516500222720307,
    "avg_preferential_tariff_pct": 7.3440475,
    "tariff_advantage_pp": -2.827547277279694,
    "buyer_biz_entry_days": 4,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 13861.183874,
    "buyer_gdp_pc_latest": 4670,
    "buyer_population_latest": 2968.128,
    "buyer_gdp_5y_cagr_pct": 13.766456496846002,
    "buyer_gdp_pc_5y_cagr_pct": 13.22885175771702,
    "buyer_population_5y_cagr_pct": 0.47479483434074155,
    "buyer_investment_5y_avg_pct": 26.128000000000004,
    "buyer_savings_5y_avg_pct": 4.422,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 98.53366230308121,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Buyer-market concentration is the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 13861.183874,
    "buyer_gdp_pc_2024": 4670,
    "buyer_population_2024": 2968.128
  },
  "history": [
    {
      "year": 1997,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 33983649.053846374,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 30088470.788507666,
      "yoy_growth_pct": -11.46191881621329,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 29145336.356583342,
      "yoy_growth_pct": -3.1345376059608743,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 33807212.33780181,
      "yoy_growth_pct": 15.995272534109706,
      "cagr_3y_pct": -0.1733607649763491
    },
    {
      "year": 2002,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 37848334.989450745,
      "yoy_growth_pct": 11.95343351965854,
      "cagr_3y_pct": 7.948237125734714
    },
    {
      "year": 2003,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 54992546.10432623,
      "yoy_growth_pct": 45.29713425875668,
      "cagr_3y_pct": 23.56958419005384
    },
    {
      "year": 2004,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 63902117.16130456,
      "yoy_growth_pct": 16.201415806564047,
      "cagr_3y_pct": 23.642742238698556
    },
    {
      "year": 2005,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 78369017.34369485,
      "yoy_growth_pct": 22.6391562988004,
      "cagr_3y_pct": 27.4576403721702
    },
    {
      "year": 2006,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 75592128.68502991,
      "yoy_growth_pct": -3.5433501054206507,
      "cagr_3y_pct": 11.187914020616763
    },
    {
      "year": 2007,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 73999569.66334592,
      "yoy_growth_pct": -2.1067789059357134,
      "cagr_3y_pct": 5.0117708821580065
    },
    {
      "year": 2008,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 46917707.012337916,
      "yoy_growth_pct": -36.59732451717542,
      "cagr_3y_pct": -15.718784075637926
    },
    {
      "year": 2009,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 39788577.95596997,
      "yoy_growth_pct": -15.194964780553333,
      "cagr_3y_pct": -19.259032811925692
    },
    {
      "year": 2010,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 51060132.83951946,
      "yoy_growth_pct": 28.32861957525248,
      "cagr_3y_pct": -11.634192851034397
    },
    {
      "year": 2011,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 68194631.96316595,
      "yoy_growth_pct": 33.55749029776269,
      "cagr_3y_pct": 13.275973618005077
    },
    {
      "year": 2012,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 133845453.10274735,
      "yoy_growth_pct": 96.26977849963536,
      "cagr_3y_pct": 49.83561963046752
    },
    {
      "year": 2013,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 79714445.89554206,
      "yoy_growth_pct": -40.44291827056035,
      "cagr_3y_pct": 16.007222924874178
    },
    {
      "year": 2014,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 87613368.22587076,
      "yoy_growth_pct": 9.909022438266035,
      "cagr_3y_pct": 8.710976198439147
    },
    {
      "year": 2015,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 61555681.31700749,
      "yoy_growth_pct": -29.74167919407631,
      "cagr_3y_pct": -22.81110210452081
    },
    {
      "year": 2016,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 56829917.07418002,
      "yoy_growth_pct": -7.677218644514894,
      "cagr_3y_pct": -10.666709672115571
    },
    {
      "year": 2017,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 115209173.5359199,
      "yoy_growth_pct": 102.72627423604632,
      "cagr_3y_pct": 9.556688038176286
    },
    {
      "year": 2018,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 121136417.60346985,
      "yoy_growth_pct": 5.144767456995902,
      "cagr_3y_pct": 25.314750705608358
    },
    {
      "year": 2019,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 83403528.1338916,
      "yoy_growth_pct": -31.149088124013847,
      "cagr_3y_pct": 13.641197132600102
    },
    {
      "year": 2020,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 37776527.19288027,
      "yoy_growth_pct": -54.70631993860518,
      "cagr_3y_pct": -31.043005707195835
    },
    {
      "year": 2021,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 85158666.06566615,
      "yoy_growth_pct": 125.42746089618308,
      "cagr_3y_pct": -11.08301913931009
    },
    {
      "year": 2022,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 1686719608.025944,
      "yoy_growth_pct": 1880.678756434851,
      "cagr_3y_pct": 172.44958895697664
    },
    {
      "year": 2023,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 839983037.9711076,
      "yoy_growth_pct": -50.20019723644622,
      "cagr_3y_pct": 181.20054748648298
    },
    {
      "year": 2024,
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "export_value_usd": 1751116086.796388,
      "yoy_growth_pct": 108.47041042948061,
      "cagr_3y_pct": 173.9651759248568
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "490700",
      "hs_description": "Unused postage, revenue or similar stamps of current or new issue in the country in which they have, or will have, a recognised face value: stamp-impressed paper: cheque forms: banknotes, stock, share or bond certificates and the like of similar title",
      "buyer_imports_latest_usd": 1519616772.2858825,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.6234546949135582,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "710231",
      "hs_description": "Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set",
      "buyer_imports_latest_usd": 366067811.2145784,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3174548741224574,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "710812",
      "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)",
      "buyer_imports_latest_usd": 5737388246.908455,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.8965071490271408,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "841191",
      "hs_description": "Turbines: parts of turbo-jets and turbo-propellers",
      "buyer_imports_latest_usd": 26026535.206709553,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4117722390286835,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "870380",
      "hs_description": "Vehicles: with only electric motor for propulsion",
      "buyer_imports_latest_usd": 54241317.111008994,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.3457367871865613,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "847990",
      "hs_description": "Machines and mechanical appliances: parts, of those having individual functions",
      "buyer_imports_latest_usd": 23603024.906270668,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 4.058522799272667,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "870899",
      "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708",
      "buyer_imports_latest_usd": 44826185.14411709,
      "current_below_peak_pct": 30.29308697929263,
      "lane_volatility_cv": 1.8845887802044008,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "271019",
      "hs_description": "",
      "buyer_imports_latest_usd": 233560444.23837852,
      "current_below_peak_pct": 24.737002525392686,
      "lane_volatility_cv": 3.043968824469966,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "711319",
      "hs_description": "Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereof",
      "buyer_imports_latest_usd": 39741561.57468564,
      "current_below_peak_pct": 31.66456800576933,
      "lane_volatility_cv": 1.6426530552367211,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ARE",
      "importer_iso3": "ARM",
      "hs_code": "870421",
      "hs_description": "Vehicles: compression-ignition internal combustion piston engine (diesel or semi-diesel), for transport of goods, (of a gvw not exceeding 5 tonnes), n.e.c. in item no 8704.1",
      "buyer_imports_latest_usd": 21004970.728675447,
      "current_below_peak_pct": 8.128405168664084,
      "lane_volatility_cv": 2.2214486903689776,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ARE",
    "importer_iso3": "ARM",
    "distance_km": 1935,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 13861.183874,
    "importer_gdp_per_capita_usd": 4670.008798138086,
    "importer_population": 2968.128,
    "importer_biz_entry_days": 4,
    "importer_biz_entry_cost_pct": 0.8,
    "exporter_gdp_million_usd": 358868.765175,
    "exporter_gdp_per_capita_usd": 35918.90540545004,
    "avg_applied_tariff_pct": 4.44078712348659,
    "avg_mfn_tariff_pct": 4.516500222720307,
    "avg_preferential_tariff_pct": 7.3440475,
    "tariff_advantage_pp": -2.827547277279694
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/ARE-ARM/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ARE-ARM/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ARE-ARM/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ARE-ARM/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ARE-ARM/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}