{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:00.483Z",
  "seo": {
    "title": "Argentina exports to Armenia: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Argentina 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": "ARG",
    "country_name": "Argentina"
  },
  "importer": {
    "iso3": "ARM",
    "country_name": "Armenia"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ARG",
    "importer_iso3": "ARM",
    "all_history_lane_count": 26,
    "current_lane_count": 4,
    "current_product_count": 4,
    "first_observed_last_year": 2000,
    "latest_data_year": 2024,
    "current_trade_usd": 11384344.093706392,
    "attention_trade_usd": 5114000.64744246,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 5158099.711123335,
    "unrecovered_drawdown_trade_usd": 44099.06368087504,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 5158099.711123335,
    "access_friction_trade_usd": 11384344.093706392,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 3,
    "unrecovered_drawdown_lane_count": 2,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 3,
    "access_friction_lane_count": 4,
    "trade_weighted_volatility_cv": 1.123266017748586,
    "trade_weighted_below_peak_pct": 14.142063562295073,
    "product_concentration_hhi": 5009.143018805019,
    "top1_product_share_pct": 54.691287713493416,
    "top3_product_share_pct": 99.84919551655055,
    "top_product_hs6": "240120",
    "top_product_trade_usd": 6226244.3825830575,
    "top_product_description": "Tobacco: partly or wholly stemmed or stripped",
    "top_attention_product_hs6": "230400",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 13417.6376953125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 4.438762411226054,
    "avg_mfn_tariff_pct": 4.516500222720307,
    "avg_preferential_tariff_pct": 7.320322543103448,
    "tariff_advantage_pp": -2.803822320383141,
    "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": 44.921346415290046,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "Watch",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 13861.183874,
    "buyer_gdp_pc_2024": 4670,
    "buyer_population_2024": 2968.128
  },
  "history": [
    {
      "year": 1997,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 291.57741856418187,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1999,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 24693.59659554425,
      "yoy_growth_pct": 8368.967424549961,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 35487.74248378917,
      "yoy_growth_pct": 43.712327795103874,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 44240.00787038695,
      "yoy_growth_pct": 24.66278431375517,
      "cagr_3y_pct": 433.3599928464704
    },
    {
      "year": 2002,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 681742.7343738972,
      "yoy_growth_pct": 1441.0095232605893,
      "cagr_3y_pct": 202.23544106401636
    },
    {
      "year": 2003,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 303296.6704565679,
      "yoy_growth_pct": -55.51156540962461,
      "cagr_3y_pct": 104.45438207372848
    },
    {
      "year": 2004,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 1915095.945206726,
      "yoy_growth_pct": 531.4266300133908,
      "cagr_3y_pct": 251.12232781668973
    },
    {
      "year": 2005,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 1581537.7063185652,
      "yoy_growth_pct": -17.417312157284883,
      "cagr_3y_pct": 32.37917722226935
    },
    {
      "year": 2006,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 2866972.9290110557,
      "yoy_growth_pct": 81.27755775641106,
      "cagr_3y_pct": 111.43910728342439
    },
    {
      "year": 2007,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 5178289.983212681,
      "yoy_growth_pct": 80.61872614189276,
      "cagr_3y_pct": 39.31523444850018
    },
    {
      "year": 2008,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 2649065.6020047166,
      "yoy_growth_pct": -48.8428494620303,
      "cagr_3y_pct": 18.76023662860835
    },
    {
      "year": 2009,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 2727052.149036026,
      "yoy_growth_pct": 2.9439266046221046,
      "cagr_3y_pct": -1.6540189650991355
    },
    {
      "year": 2010,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 4103208.442578406,
      "yoy_growth_pct": 50.46314548949245,
      "cagr_3y_pct": -7.463641701883583
    },
    {
      "year": 2011,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 4691217.328581826,
      "yoy_growth_pct": 14.330465883763921,
      "cagr_3y_pct": 20.984837773898747
    },
    {
      "year": 2012,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 6595138.967651067,
      "yoy_growth_pct": 40.58480999098808,
      "cagr_3y_pct": 34.228118519100526
    },
    {
      "year": 2013,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 8443994.414325552,
      "yoy_growth_pct": 28.033608628158667,
      "cagr_3y_pct": 27.196390076447873
    },
    {
      "year": 2014,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 5720224.98543858,
      "yoy_growth_pct": -32.25688335683875,
      "cagr_3y_pct": 6.833925387910389
    },
    {
      "year": 2015,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 9876235.268121392,
      "yoy_growth_pct": 72.65466468997921,
      "cagr_3y_pct": 14.407850279828782
    },
    {
      "year": 2016,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 8233226.697044385,
      "yoy_growth_pct": -16.635980477098656,
      "cagr_3y_pct": -0.8390424046227585
    },
    {
      "year": 2017,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 5342756.5255274,
      "yoy_growth_pct": -35.107379863044756,
      "cagr_3y_pct": -2.2498518533000778
    },
    {
      "year": 2018,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 6918654.034797986,
      "yoy_growth_pct": 29.495963399062507,
      "cagr_3y_pct": -11.186961378530247
    },
    {
      "year": 2019,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 9078093.727222983,
      "yoy_growth_pct": 31.211846719953073,
      "cagr_3y_pct": 3.309802089593261
    },
    {
      "year": 2020,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 6549503.740121955,
      "yoy_growth_pct": -27.853755018175285,
      "cagr_3y_pct": 7.023956893552374
    },
    {
      "year": 2021,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 2368239.729544693,
      "yoy_growth_pct": -63.84092866399988,
      "cagr_3y_pct": -30.047804547564148
    },
    {
      "year": 2022,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 7062376.922982434,
      "yoy_growth_pct": 198.2120785694366,
      "cagr_3y_pct": -8.02875263093249
    },
    {
      "year": 2023,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 39210932.80751111,
      "yoy_growth_pct": 455.20872413239,
      "cagr_3y_pct": 81.57926752505654
    },
    {
      "year": 2024,
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "export_value_usd": 12407907.369211191,
      "yoy_growth_pct": -68.35600053147837,
      "cagr_3y_pct": 73.68312584293646
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "hs_code": "240120",
      "hs_description": "Tobacco: partly or wholly stemmed or stripped",
      "buyer_imports_latest_usd": 75294374.65807796,
      "current_below_peak_pct": 25.229206845503832,
      "lane_volatility_cv": 0.8363870870623441,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "hs_code": "230400",
      "hs_description": "Oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of soya-bean oil",
      "buyer_imports_latest_usd": 13370498.653122175,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.4678956270195596,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "hs_code": "170490",
      "hs_description": "Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa",
      "buyer_imports_latest_usd": 20650680.32672389,
      "current_below_peak_pct": 87.89425729471874,
      "lane_volatility_cv": 1.124528016872731,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ARG",
      "importer_iso3": "ARM",
      "hs_code": "020230",
      "hs_description": "Meat: of bovine animals, boneless cuts, frozen",
      "buyer_imports_latest_usd": 11303185.306690361,
      "current_below_peak_pct": 90.15752095315138,
      "lane_volatility_cv": 2.5042165640812377,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown",
        "concentrated_buyer_market",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ARG",
    "importer_iso3": "ARM",
    "distance_km": 13385,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 1,
    "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": 491492.700657,
    "exporter_gdp_per_capita_usd": 10729.23281193945,
    "avg_applied_tariff_pct": 4.438762411226054,
    "avg_mfn_tariff_pct": 4.516500222720307,
    "avg_preferential_tariff_pct": 7.320322543103448,
    "tariff_advantage_pp": -2.803822320383141
  },
  "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/ARG-ARM/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ARG-ARM/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ARG-ARM/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ARG-ARM/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ARG-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"
  }
}