{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:07.868Z", "seo": { "title": "Armenia exports to Denmark: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Armenia to Denmark, 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": "DNK", "country_name": "Denmark" }, "latestYear": 2024, "risk": { "exporter_iso3": "ARM", "importer_iso3": "DNK", "all_history_lane_count": 7, "current_lane_count": 1, "current_product_count": 1, "first_observed_last_year": 2002, "latest_data_year": 2024, "current_trade_usd": 18868.078219023388, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 0, "unrecovered_drawdown_trade_usd": 18868.078219023388, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 0, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 0, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 0, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 0.5963620491871331, "trade_weighted_below_peak_pct": 74.71513739515424, "product_concentration_hhi": 10000, "top1_product_share_pct": 100, "top3_product_share_pct": 100, "top_product_hs6": "902230", "top_product_trade_usd": 18868.078219023388, "top_product_description": "X-ray tubes", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 2897.108642578125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.0009000000427477062, "has_reported_fta": 1, "avg_applied_tariff_pct": 2.0896036062988506, "avg_mfn_tariff_pct": 4.883497429885058, "avg_preferential_tariff_pct": 1.8055837943014637, "tariff_advantage_pp": 3.0779136355835948, "buyer_biz_entry_days": 3.5, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 397104.34347799997, "buyer_gdp_pc_latest": 67803, "buyer_population_latest": 5856.733, "buyer_gdp_5y_cagr_pct": 4.211527138458648, "buyer_gdp_pc_5y_cagr_pct": 3.6383607333821955, "buyer_population_5y_cagr_pct": 0.5530446458439808, "buyer_investment_5y_avg_pct": 22.241999999999997, "buyer_savings_5y_avg_pct": 27.722, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_product_mix" ], "attention_level": "Stable", "primary_risk_reason": "Current trade remains materially below historical peaks", "buyer_gdp_mn_2024": 397104.34347799997, "buyer_gdp_pc_2024": 67803, "buyer_population_2024": 5856.733 }, "history": [ { "year": 1995, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 5351.185938479141, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 5191.042114973077, "yoy_growth_pct": -2.992679106037166, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 27.273478560206737, "yoy_growth_pct": -99.47460494528568, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 1186.726845458824, "yoy_growth_pct": 4251.211902944839, "cagr_3y_pct": -39.470524822233614 }, { "year": 1999, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 2039.3606940811628, "yoy_growth_pct": 71.8475234536963, "cagr_3y_pct": -26.76030999632556 }, { "year": 2001, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 3342.3114060391435, "yoy_growth_pct": 63.890155171644466, "cagr_3y_pct": 396.7091107698103 }, { "year": 2002, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 37029.31450070047, "yoy_growth_pct": 1007.8954053710579, "cagr_3y_pct": 214.8219238252236 }, { "year": 2003, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 1822.2863580125531, "yoy_growth_pct": -95.07880072157944, "cagr_3y_pct": -3.681984391770843 }, { "year": 2004, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 35125.17639466154, "yoy_growth_pct": 1827.5333012408782, "cagr_3y_pct": 119.04022031930776 }, { "year": 2005, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 20009.21954203458, "yoy_growth_pct": -43.03453648968533, "cagr_3y_pct": -18.549299133235643 }, { "year": 2006, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 58855.82519992515, "yoy_growth_pct": 194.1435325664909, "cagr_3y_pct": 218.461993777965 }, { "year": 2007, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 126788.0182894848, "yoy_growth_pct": 115.42135864853363, "cagr_3y_pct": 53.39807157800873 }, { "year": 2008, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 87564.69504636207, "yoy_growth_pct": -30.93614347182815, "cagr_3y_pct": 63.56848457653823 }, { "year": 2009, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 144724.61337167156, "yoy_growth_pct": 65.2773566961497, "cagr_3y_pct": 34.97426823412935 }, { "year": 2010, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 118522.75539022178, "yoy_growth_pct": -18.104631528128536, "cagr_3y_pct": -2.221994277432282 }, { "year": 2011, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 40520.902986090405, "yoy_growth_pct": -65.8117102891506, "cagr_3y_pct": -22.651833202515448 }, { "year": 2012, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 20763.665889219887, "yoy_growth_pct": -48.7581362726605, "cagr_3y_pct": -47.64953487708934 }, { "year": 2013, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 30346.223120100334, "yoy_growth_pct": 46.150604050393305, "cagr_3y_pct": -36.500890366791836 }, { "year": 2014, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 60213.781806918014, "yoy_growth_pct": 98.42265565837218, "cagr_3y_pct": 14.114000284699957 }, { "year": 2015, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 175393.56249007984, "yoy_growth_pct": 191.28474782151739, "cagr_3y_pct": 103.6588118611843 }, { "year": 2016, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 250225.94526813918, "yoy_growth_pct": 42.665410130027894, "cagr_3y_pct": 102.02691431466162 }, { "year": 2017, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 818838.8065013086, "yoy_growth_pct": 227.23976949066994, "cagr_3y_pct": 138.6899704480715 }, { "year": 2018, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 1554586.4022855386, "yoy_growth_pct": 89.85255583182405, "cagr_3y_pct": 106.95078199609189 }, { "year": 2019, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 1167952.9986481324, "yoy_growth_pct": -24.87049951478936, "cagr_3y_pct": 67.12099365077695 }, { "year": 2020, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 195180.6901115955, "yoy_growth_pct": -83.28865199733973, "cagr_3y_pct": -37.99698463349744 }, { "year": 2021, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 884471.593985052, "yoy_growth_pct": 353.1552754933652, "cagr_3y_pct": -17.13782252749516 }, { "year": 2022, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 445164.47311318497, "yoy_growth_pct": -49.66887844215962, "cagr_3y_pct": -27.495486322000783 }, { "year": 2023, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 199409.91213428063, "yoy_growth_pct": -55.20534000843777, "cagr_3y_pct": 0.7171197638307314 }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "DNK", "export_value_usd": 135908.51986763766, "yoy_growth_pct": -31.844651846534976, "cagr_3y_pct": -46.43831088516895 } ], "riskLanes": [ { "exporter_iso3": "ARM", "importer_iso3": "DNK", "hs_code": "902230", "hs_description": "X-ray tubes", "buyer_imports_latest_usd": 15509777.569580566, "current_below_peak_pct": 74.71513739515424, "lane_volatility_cv": 0.5963620491871331, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "DNK", "distance_km": 2902, "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": 1, "rta_coverage_ratio": 3, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 1, "importer_gdp_million_usd": 397104.34347799997, "importer_gdp_per_capita_usd": 67803.04710458886, "importer_population": 5856.733, "importer_biz_entry_days": 3.5, "importer_biz_entry_cost_pct": 0.2, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "avg_applied_tariff_pct": 2.0896036062988506, "avg_mfn_tariff_pct": 4.883497429885058, "avg_preferential_tariff_pct": 1.8055837943014637, "tariff_advantage_pp": 3.0779136355835948 }, "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-DNK/risk", "html": "https://www.yugalinks.com/trade/corridor/ARM-DNK/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/ARM-DNK/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/ARM-DNK/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/ARM-DNK/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" } }