{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:05.768Z", "seo": { "title": "Armenia exports to Canada: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Armenia to Canada, 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": "ARM", "country_name": "Armenia" }, "importer": { "iso3": "CAN", "country_name": "Canada" }, "latestYear": 2024, "risk": { "exporter_iso3": "ARM", "importer_iso3": "CAN", "all_history_lane_count": 20, "current_lane_count": 8, "current_product_count": 8, "first_observed_last_year": 2002, "latest_data_year": 2024, "current_trade_usd": 2831236.033260954, "attention_trade_usd": 1012619.1005816789, "critical_trade_usd": 0, "high_volatility_trade_usd": 1469564.6453902787, "unrecovered_drawdown_trade_usd": 1901361.8014836733, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 971706.2133135746, "access_friction_trade_usd": 2831236.033260954, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 3, "unrecovered_drawdown_lane_count": 6, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 5, "access_friction_lane_count": 8, "trade_weighted_volatility_cv": 1.0700686278266396, "trade_weighted_below_peak_pct": 49.41457768361219, "product_concentration_hhi": 2345.1070645473505, "top1_product_share_pct": 35.76597248288646, "top3_product_share_pct": 74.82714901374344, "top_product_hs6": "620293", "top_product_trade_usd": 1012619.1005816789, "top_product_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)", "top_attention_product_hs6": "620293", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 9139.1357421875, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": 4.198465103295018, "avg_mfn_tariff_pct": 5.72539994954023, "avg_preferential_tariff_pct": 2.7194515621839077, "tariff_advantage_pp": 3.005948387356322, "buyer_biz_entry_days": 1.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 1990761.6096649999, "buyer_gdp_pc_latest": 52051, "buyer_population_latest": 38246.109, "buyer_gdp_5y_cagr_pct": 5.170733773212577, "buyer_gdp_pc_5y_cagr_pct": 3.2307679188356975, "buyer_population_5y_cagr_pct": 1.8792515966772338, "buyer_investment_5y_avg_pct": 23.134000000000004, "buyer_savings_5y_avg_pct": 22.016, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 35.76597248288646, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "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": 1990761.6096649999, "buyer_gdp_pc_2024": 52051, "buyer_population_2024": 38246.109 }, "history": [ { "year": 1995, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 119550.20197465255, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 165175.72102530496, "yoy_growth_pct": 38.16431783220751, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 60609.752451214794, "yoy_growth_pct": -63.30589503409561, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 642145.5720836141, "yoy_growth_pct": 959.4756555068946, "cagr_3y_pct": 75.13020633422656 }, { "year": 1999, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 639405.9986445131, "yoy_growth_pct": -0.42662809777099797, "cagr_3y_pct": 57.015851365849926 }, { "year": 2000, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 832973.9408560103, "yoy_growth_pct": 30.27308824469037, "cagr_3y_pct": 139.53168426828685 }, { "year": 2001, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 1161256.8879845852, "yoy_growth_pct": 39.41095045436993, "cagr_3y_pct": 21.832999602044033 }, { "year": 2002, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 1403457.9905263686, "yoy_growth_pct": 20.856806538485607, "cagr_3y_pct": 29.959361929130736 }, { "year": 2003, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 2110107.1116749113, "yoy_growth_pct": 50.35057165362771, "cagr_3y_pct": 36.31940926031305 }, { "year": 2004, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 4588153.580043276, "yoy_growth_pct": 117.4369990346793, "cagr_3y_pct": 58.089568677459404 }, { "year": 2005, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 6335227.802453103, "yoy_growth_pct": 38.077936841716365, "cagr_3y_pct": 65.26755653104111 }, { "year": 2006, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 5967110.687046368, "yoy_growth_pct": -5.810637389616735, "cagr_3y_pct": 41.41208671848251 }, { "year": 2007, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 3832391.2521377117, "yoy_growth_pct": -35.77475845291066, "cagr_3y_pct": -5.823192437361779 }, { "year": 2008, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 11195604.792424787, "yoy_growth_pct": 192.1310496724432, "cagr_3y_pct": 20.90059582337931 }, { "year": 2009, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 31464467.463967692, "yoy_growth_pct": 181.04303472070848, "cagr_3y_pct": 74.0545699796483 }, { "year": 2010, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 28827613.795781687, "yoy_growth_pct": -8.380417279287066, "cagr_3y_pct": 95.93541977041855 }, { "year": 2011, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 68032770.96771513, "yoy_growth_pct": 135.99862080041564, "cagr_3y_pct": 82.48347123363338 }, { "year": 2012, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 81136861.48672587, "yoy_growth_pct": 19.26143876342956, "cagr_3y_pct": 37.13004112126088 }, { "year": 2013, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 85995572.91083793, "yoy_growth_pct": 5.988291061648909, "cagr_3y_pct": 43.95357882424447 }, { "year": 2014, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 92487562.15243714, "yoy_growth_pct": 7.549213316283421, "cagr_3y_pct": 10.77839212589744 }, { "year": 2015, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 113405936.63841064, "yoy_growth_pct": 22.61750012558017, "cagr_3y_pct": 11.807909765544888 }, { "year": 2016, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 138144872.53469667, "yoy_growth_pct": 21.814498102656586, "cagr_3y_pct": 17.116897362680472 }, { "year": 2017, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 14621745.045289503, "yoy_growth_pct": -89.41564404309173, "cagr_3y_pct": -45.92805916102027 }, { "year": 2018, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 22599893.475419372, "yoy_growth_pct": 54.56358598387738, "cagr_3y_pct": -41.589597254542745 }, { "year": 2019, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 65755912.41669849, "yoy_growth_pct": 190.9567360935461, "cagr_3y_pct": -21.921161148334136 }, { "year": 2020, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 9923077.782284936, "yoy_growth_pct": -84.9092234940002, "cagr_3y_pct": -12.121548386251725 }, { "year": 2021, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 8151132.964381799, "yoy_growth_pct": -17.85680669627, "cagr_3y_pct": -28.817943899137543 }, { "year": 2022, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 6953284.283515755, "yoy_growth_pct": -14.695486947646563, "cagr_3y_pct": -52.71191512693629 }, { "year": 2023, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 5156319.845561823, "yoy_growth_pct": -25.84339090254112, "cagr_3y_pct": -19.604609126513463 }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "CAN", "export_value_usd": 4391564.611292774, "yoy_growth_pct": -14.831415761132305, "cagr_3y_pct": -18.629478435973446 } ], "riskLanes": [ { "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "620293", "hs_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: women's or girls', of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)", "buyer_imports_latest_usd": 220935086.3283232, "current_below_peak_pct": 56.239410777993, "lane_volatility_cv": 1.2067536457676669, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "620193", "hs_description": "Anoraks (including ski-jackets), wind-cheaters, wind-jackets and similar articles: men's or boys', of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)", "buyer_imports_latest_usd": 230049781.37640762, "current_below_peak_pct": 15.920956308942028, "lane_volatility_cv": 0.9676882850519778, "attention_level": "Watch", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [ "long_distance_without_fta" ] }, { "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "620213", "hs_description": "Coats: women's or girls', overcoats, raincoats, car-coats, capes, cloaks and similar articles, of man-made fibres, other than those of heading no. 6204 (not knitted or crocheted)", "buyer_imports_latest_usd": 76216029.94933662, "current_below_peak_pct": 66.88544279532668, "lane_volatility_cv": 1.252118575307367, "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": "ARM", "importer_iso3": "CAN", "hs_code": "710239", "hs_description": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set", "buyer_imports_latest_usd": 209578780.72521374, "current_below_peak_pct": 97.44568903157592, "lane_volatility_cv": 0.9238606884569339, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "long_distance_without_fta" ] }, { "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "900110", "hs_description": "Optical fibres, optical fibre bundles and cables: excluding those of heading no. 8544", "buyer_imports_latest_usd": 32622456.54138053, "current_below_peak_pct": 0, "lane_volatility_cv": 0.6041413815505738, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta", "limited_history" ] }, { "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "220820", "hs_description": "Spirits obtained by distilling grape wine or grape marc", "buyer_imports_latest_usd": 61362114.45212547, "current_below_peak_pct": 65.53994609123028, "lane_volatility_cv": 1.2038392513234877, "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": "ARM", "importer_iso3": "CAN", "hs_code": "610711", "hs_description": "Underpants and briefs: men's or boys', of cotton, knitted or crocheted", "buyer_imports_latest_usd": 58827221.29609896, "current_below_peak_pct": 86.20770862283955, "lane_volatility_cv": 0.9487241047088225, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "long_distance_without_fta" ] }, { "exporter_iso3": "ARM", "importer_iso3": "CAN", "hs_code": "620930", "hs_description": "Garments and clothing accessories: babies', of synthetic fibres (not knitted or crocheted)", "buyer_imports_latest_usd": 10758872.394207068, "current_below_peak_pct": 61.97721179682819, "lane_volatility_cv": 0.9776175635108804, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier", "long_distance_without_fta" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "CAN", "distance_km": 9152, "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": 1990761.6096649999, "importer_gdp_per_capita_usd": 52051.3501037452, "importer_population": 38246.109, "importer_biz_entry_days": 1.5, "importer_biz_entry_cost_pct": 0.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "avg_applied_tariff_pct": 4.198465103295018, "avg_mfn_tariff_pct": 5.72539994954023, "avg_preferential_tariff_pct": 2.7194515621839077, "tariff_advantage_pp": 3.005948387356322 }, "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/ARM-CAN/risk", "html": "https://www.yugalinks.com/trade/corridor/ARM-CAN/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ARM-CAN/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ARM-CAN/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ARM-CAN/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" } }