# Armenia exports to Belgium: Trade Route Risk | Yugalinks

Understand reported exports from Armenia to Belgium, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/ARM-BEL/risk

## Route overview

In 2024, Armenia reported $109.2M in goods exports to Belgium. The overall review level is Stable.

## How to read this page

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain. An HS6 code is the international six-digit code used to describe and compare traded goods.

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $109.2M | 2024 route total |
| Exports needing review | 0% | Share of route exports |
| Highest-priority products | 0 | Need the closest review |
| Products needing review | 0 | High-attention product types |
| Export volatility | 1.4 | Higher means bigger yearly swings |
| Below highest year | 22.2% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 261390 | Molybdenum ores and concentrates: other than roasted | $460.6M | 0% | Watch |
| 2 | 710239 | Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set | $4.2B | 74.1% | Watch |
| 3 | 260800 | Zinc ores and concentrates | $531.6M | 64.7% | Watch |
| 4 | 760711 | Aluminium: foil, (not backed), rolled (but not further worked), of a thickness not exceeding 0.2mm | $89.5M | 63.8% | Watch |
| 5 | 681599 | Stone articles and articles of other mineral substances: n.e.s. or included in heading no. 6815 | $58.8M | 33.4% | Watch |
| 6 | 220820 | Spirits obtained by distilling grape wine or grape marc | $35.0M | 0% | Watch |
| 7 | 200190 | Vegetable preparations: vegetables, fruit, nuts and other edible parts of plants, prepared or preserved by vinegar or acetic acid (excluding cucumbers and gherkins) | $40.8M | 74.9% | Watch |
| 8 | 811292 | Gallium, germanium, hafnium, indium, niobium (columbium), rhenium and vanadium: articles thereof, unwrought, including waste and scrap, powders | $30.0M | 70% | Watch |
| 9 | 220600 | Beverages, fermented: (eg cider, perry, mead) | $12.5M | 0% | Watch |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.