{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:53.493Z",
  "seo": {
    "title": "Armenia exports to Switzerland, Liechtenstein: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Armenia to Switzerland, Liechtenstein, 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": "CHE",
    "country_name": "Switzerland, Liechtenstein"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ARM",
    "importer_iso3": "CHE",
    "all_history_lane_count": 42,
    "current_lane_count": 15,
    "current_product_count": 15,
    "first_observed_last_year": 1998,
    "latest_data_year": 2024,
    "current_trade_usd": 114338477.52980782,
    "attention_trade_usd": 109625077.77782942,
    "critical_trade_usd": 11666150.865742873,
    "high_volatility_trade_usd": 111511677.44750258,
    "unrecovered_drawdown_trade_usd": 12260079.269003632,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 109849584.78174223,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 1,
    "high_attention_lane_count": 1,
    "high_volatility_lane_count": 11,
    "unrecovered_drawdown_lane_count": 5,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 3,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 1.8785148674974115,
    "trade_weighted_below_peak_pct": 10.316277804829998,
    "product_concentration_hhi": 7449.458388804245,
    "top1_product_share_pct": 85.67450697998741,
    "top3_product_share_pct": 97.99621615041242,
    "top_product_hs6": "261690",
    "top_product_trade_usd": 97958926.91208655,
    "top_product_description": "Precious metal ores and concentrates: (excluding silver)",
    "top_attention_product_hs6": "261690",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 3051.853759765625,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 3.106258128332184,
    "avg_mfn_tariff_pct": 0,
    "avg_preferential_tariff_pct": 3.787242074608046,
    "tariff_advantage_pp": -3.787242074608046,
    "buyer_biz_entry_days": 10,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 812866.928867,
    "buyer_gdp_pc_latest": 93457,
    "buyer_population_latest": 8697.723,
    "buyer_gdp_5y_cagr_pct": 5.360058190860362,
    "buyer_gdp_pc_5y_cagr_pct": 4.333387119672216,
    "buyer_population_5y_cagr_pct": 0.9840292734007994,
    "buyer_investment_5y_avg_pct": 25.529999999999998,
    "buyer_savings_5y_avg_pct": 34.63,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 95.87767840379927,
    "critical_trade_share_pct": 10.20317142381184,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "concentrated_product_mix",
      "concentrated_buyer_markets"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Volatile products account for the largest observed corridor exposure",
    "buyer_gdp_mn_2024": 812866.928867,
    "buyer_gdp_pc_2024": 93457,
    "buyer_population_2024": 8697.723
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 5708487.76544267,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 7607512.943446903,
      "yoy_growth_pct": 33.26669436869627,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 3108954.005921298,
      "yoy_growth_pct": -59.13310921673363,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 5641654.38154399,
      "yoy_growth_pct": 81.46471034305827,
      "cagr_3y_pct": -0.3917903695093594
    },
    {
      "year": 1999,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 3147374.485302923,
      "yoy_growth_pct": -44.211852190038634,
      "cagr_3y_pct": -25.48645252846771
    },
    {
      "year": 2000,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 15529049.361811982,
      "yoy_growth_pct": 393.39693876044663,
      "cagr_3y_pct": 70.93993104857171
    },
    {
      "year": 2001,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 22680994.58244577,
      "yoy_growth_pct": 46.05526747967832,
      "cagr_3y_pct": 59.00784045601129
    },
    {
      "year": 2002,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 7649014.607542107,
      "yoy_growth_pct": -66.27566494168579,
      "cagr_3y_pct": 34.44738413635695
    },
    {
      "year": 2003,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 31930451.492437262,
      "yoy_growth_pct": 317.44529368466743,
      "cagr_3y_pct": 27.160842406654993
    },
    {
      "year": 2004,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 39799108.61333859,
      "yoy_growth_pct": 24.643112618576723,
      "cagr_3y_pct": 20.615674585895015
    },
    {
      "year": 2005,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 30659689.552382402,
      "yoy_growth_pct": -22.96387878871521,
      "cagr_3y_pct": 58.85007379361833
    },
    {
      "year": 2006,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 50798421.94671638,
      "yoy_growth_pct": 65.6847237801503,
      "cagr_3y_pct": 16.738754079599328
    },
    {
      "year": 2007,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 36131665.99133029,
      "yoy_growth_pct": -28.872463736708966,
      "cagr_3y_pct": -3.171126228811294
    },
    {
      "year": 2008,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 4136530.9416699116,
      "yoy_growth_pct": -88.5515078583355,
      "cagr_3y_pct": -48.711164173385534
    },
    {
      "year": 2009,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 25463548.59606472,
      "yoy_growth_pct": 515.577375224108,
      "cagr_3y_pct": -20.562987645844665
    },
    {
      "year": 2010,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 16473820.751000442,
      "yoy_growth_pct": -35.30430101346362,
      "cagr_3y_pct": -23.033432889533746
    },
    {
      "year": 2011,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 33275033.555025373,
      "yoy_growth_pct": 101.98734742821944,
      "cagr_3y_pct": 100.36755941918094
    },
    {
      "year": 2012,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 58919348.16546118,
      "yoy_growth_pct": 77.0677347868906,
      "cagr_3y_pct": 32.26542616744184
    },
    {
      "year": 2013,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 22192697.482299175,
      "yoy_growth_pct": -62.33376951154281,
      "cagr_3y_pct": 10.443099342035778
    },
    {
      "year": 2014,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 5509788.738501791,
      "yoy_growth_pct": -75.17296514812415,
      "cagr_3y_pct": -45.08738215174607
    },
    {
      "year": 2015,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 23923818.23237403,
      "yoy_growth_pct": 334.205726713205,
      "cagr_3y_pct": -25.950149364220167
    },
    {
      "year": 2016,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 53394730.16861974,
      "yoy_growth_pct": 123.18648992394228,
      "cagr_3y_pct": 33.997316484844745
    },
    {
      "year": 2017,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 234787783.1157153,
      "yoy_growth_pct": 339.72089075880535,
      "cagr_3y_pct": 249.28519897558652
    },
    {
      "year": 2018,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 328570943.5605576,
      "yoy_growth_pct": 39.94379911948877,
      "cagr_3y_pct": 139.478329640063
    },
    {
      "year": 2019,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 448514818.99881023,
      "yoy_growth_pct": 36.50471162741336,
      "cagr_3y_pct": 103.27913321674376
    },
    {
      "year": 2020,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 421279166.79420465,
      "yoy_growth_pct": -6.072408547258689,
      "cagr_3y_pct": 21.515448977932806
    },
    {
      "year": 2021,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 328313186.006963,
      "yoy_growth_pct": -22.067547629920092,
      "cagr_3y_pct": -0.026156196500581874
    },
    {
      "year": 2022,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 241427960.20187858,
      "yoy_growth_pct": -26.46412922423461,
      "cagr_3y_pct": -18.65386506576624
    },
    {
      "year": 2023,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 82442697.92669418,
      "yoy_growth_pct": -65.85205050079668,
      "cagr_3y_pct": -41.94217826091885
    },
    {
      "year": 2024,
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "export_value_usd": 116694171.01528543,
      "yoy_growth_pct": 41.54579356324162,
      "cagr_3y_pct": -29.164067973989095
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "261690",
      "hs_description": "Precious metal ores and concentrates: (excluding silver)",
      "buyer_imports_latest_usd": 165180430.45634526,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.9675847464415104,
      "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": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "260300",
      "hs_description": "Copper ores and concentrates",
      "buyer_imports_latest_usd": 99226327.40871269,
      "current_below_peak_pct": 95.94260981647705,
      "lane_volatility_cv": 1.5178326979180714,
      "attention_level": "Critical attention",
      "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"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "841199",
      "hs_description": "Turbines: parts of gas turbines (excluding turbo-jets and turbo-propellers)",
      "buyer_imports_latest_usd": 409072009.8717944,
      "current_below_peak_pct": 3.776054054051804,
      "lane_volatility_cv": 0.7274226054777138,
      "attention_level": "Stable",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": []
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "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": 162685742.1883101,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.1814514370914893,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "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": 279940506.9218407,
      "current_below_peak_pct": 85.36335804735299,
      "lane_volatility_cv": 1.0356704644788786,
      "attention_level": "Watch",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "high_volatility",
        "unrecovered_drawdown"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "760720",
      "hs_description": "Aluminium: foil, backed with paper, paperboard, plastics or similar backing materials, of a thickness (excluding any backing) not exceeding 0.2mm",
      "buyer_imports_latest_usd": 100167258.06946719,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.1825001329234815,
      "attention_level": "Watch",
      "primary_risk_reason": "The lane has limited historical coverage",
      "risk_driver_labels": [
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "710420",
      "hs_description": "Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), unworked or simply sawn, roughly shaped, (not strung, mounted or set), temporarily strung for transport convenience",
      "buyer_imports_latest_usd": 14528171.739387339,
      "current_below_peak_pct": 69.83730457773967,
      "lane_volatility_cv": 1.2766174567842816,
      "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"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "710490",
      "hs_description": "Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20",
      "buyer_imports_latest_usd": 26430647.775866,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3114190404701684,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "900190",
      "hs_description": "Optical elements: lenses n.e.c. in heading no. 9001, prisms, mirrors and other optical elements, unmounted, of any material (excluding elements of glass not optically worked)",
      "buyer_imports_latest_usd": 128075302.90036006,
      "current_below_peak_pct": 17.11902669213729,
      "lane_volatility_cv": 2.160080746202332,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "CHE",
      "hs_code": "620113",
      "hs_description": "Coats: men's or boys', overcoats, raincoats, car-coats, capes, cloaks and similar articles, of man-made fibres, other than those of heading no. 6203 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 47985376.4228011,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.3560108121117904,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ARM",
    "importer_iso3": "CHE",
    "distance_km": 2978,
    "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": 812866.9288669999,
    "importer_gdp_per_capita_usd": 93457.44039756153,
    "importer_population": 8697.723,
    "importer_biz_entry_days": 10,
    "importer_biz_entry_cost_pct": 2.3,
    "exporter_gdp_million_usd": 13861.183874,
    "exporter_gdp_per_capita_usd": 4670.008798138086,
    "avg_applied_tariff_pct": 3.106258128332184,
    "avg_mfn_tariff_pct": 0,
    "avg_preferential_tariff_pct": 3.787242074608046,
    "tariff_advantage_pp": -3.787242074608046
  },
  "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-CHE/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ARM-CHE/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ARM-CHE/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ARM-CHE/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ARM-CHE/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"
  }
}