{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:47:57.341Z",
  "seo": {
    "title": "Armenia exports to Japan: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Armenia to Japan, 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": "JPN",
    "country_name": "Japan"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ARM",
    "importer_iso3": "JPN",
    "all_history_lane_count": 21,
    "current_lane_count": 12,
    "current_product_count": 12,
    "first_observed_last_year": 1998,
    "latest_data_year": 2024,
    "current_trade_usd": 28312855.112171546,
    "attention_trade_usd": 27085882.65250989,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 14761172.753363686,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 13475000.48977001,
    "access_friction_trade_usd": 28312855.112171546,
    "buyer_macro_weakness_trade_usd": 28312855.112171546,
    "critical_lane_count": 0,
    "high_attention_lane_count": 5,
    "high_volatility_lane_count": 5,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 6,
    "access_friction_lane_count": 12,
    "trade_weighted_volatility_cv": 1.461088166648537,
    "trade_weighted_below_peak_pct": 4.023497791217645,
    "product_concentration_hhi": 1970.8242083227778,
    "top1_product_share_pct": 27.88247225590447,
    "top3_product_share_pct": 66.53265348558433,
    "top_product_hs6": "240220",
    "top_product_trade_usd": 7894323.971505662,
    "top_product_description": "Cigarettes: containing tobacco",
    "top_attention_product_hs6": "240220",
    "top_attention_product_reason": "Trade has varied substantially across reported years",
    "distance_km": 7943.6376953125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 2.240406397827203,
    "avg_mfn_tariff_pct": 3.1693676000306517,
    "avg_preferential_tariff_pct": 1.6363991518816088,
    "tariff_advantage_pp": 1.5329684481490427,
    "buyer_biz_entry_days": 11.1,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 4937421.880462,
    "buyer_gdp_pc_latest": 39285,
    "buyer_population_latest": 125681.595,
    "buyer_gdp_5y_cagr_pct": -4.67885267787802,
    "buyer_gdp_pc_5y_cagr_pct": -4.27363742210356,
    "buyer_population_5y_cagr_pct": -0.4233058113377264,
    "buyer_investment_5y_avg_pct": 24.977999999999998,
    "buyer_savings_5y_avg_pct": 24.869999999999997,
    "buyer_macro_resilience_label": "Buyer economy and income contracted",
    "attention_trade_share_pct": 95.66637679315434,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "concentrated_buyer_markets",
      "market_access_friction",
      "buyer_macro_weakness"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 4937421.880462,
    "buyer_gdp_pc_2024": 39285,
    "buyer_population_2024": 125681.595
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 142524.94986885122,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 88172.06582613227,
      "yoy_growth_pct": -38.135697709582395,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 47864.836395049424,
      "yoy_growth_pct": -45.71428496477017,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 4032177.7026189268,
      "yoy_growth_pct": 8324.091684633791,
      "cagr_3y_pct": 204.7073444409816
    },
    {
      "year": 1999,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 698582.8622378388,
      "yoy_growth_pct": -82.67479972958273,
      "cagr_3y_pct": 99.35584357336205
    },
    {
      "year": 2000,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 117910.28715643208,
      "yoy_growth_pct": -83.12150304135453,
      "cagr_3y_pct": 35.055323050137346
    },
    {
      "year": 2001,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 595118.1402133352,
      "yoy_growth_pct": 404.72113550515684,
      "cagr_3y_pct": -47.15289821484833
    },
    {
      "year": 2002,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 2427301.3265513536,
      "yoy_growth_pct": 307.8688183964996,
      "cagr_3y_pct": 51.46138437146905
    },
    {
      "year": 2003,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 1275591.4282098175,
      "yoy_growth_pct": -47.44816334681675,
      "cagr_3y_pct": 121.16681565803873
    },
    {
      "year": 2004,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 481818.1057539658,
      "yoy_growth_pct": -62.22786582768466,
      "cagr_3y_pct": -6.797697280838976
    },
    {
      "year": 2005,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 1141250.459399418,
      "yoy_growth_pct": 136.86334028762772,
      "cagr_3y_pct": -22.240685374591905
    },
    {
      "year": 2006,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 293038.8208846581,
      "yoy_growth_pct": -74.32300522018019,
      "cagr_3y_pct": -38.75492248277165
    },
    {
      "year": 2007,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 4634009.514058683,
      "yoy_growth_pct": 1481.3636910184873,
      "cagr_3y_pct": 112.6626730474857
    },
    {
      "year": 2008,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 483406.01014922094,
      "yoy_growth_pct": -89.56829914391282,
      "cagr_3y_pct": -24.899350420416056
    },
    {
      "year": 2009,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 1511403.6219215032,
      "yoy_growth_pct": 212.65718468311002,
      "cagr_3y_pct": 72.77667029829169
    },
    {
      "year": 2010,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 2768430.721101729,
      "yoy_growth_pct": 83.1695174570325,
      "cagr_3y_pct": -15.77799431498077
    },
    {
      "year": 2011,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 1693963.3577879209,
      "yoy_growth_pct": -38.81142320535338,
      "cagr_3y_pct": 51.89051526938242
    },
    {
      "year": 2012,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 1344322.1771041988,
      "yoy_growth_pct": -20.640421711382494,
      "cagr_3y_pct": -3.8297005816445573
    },
    {
      "year": 2013,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 2294200.804229878,
      "yoy_growth_pct": 70.65855516657548,
      "cagr_3y_pct": -6.071095769252466
    },
    {
      "year": 2014,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 6076856.3742844695,
      "yoy_growth_pct": 164.87900985303514,
      "cagr_3y_pct": 53.082302822374295
    },
    {
      "year": 2015,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 8766515.742117029,
      "yoy_growth_pct": 44.26070326780198,
      "cagr_3y_pct": 86.8276787579878
    },
    {
      "year": 2016,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 8008344.773569741,
      "yoy_growth_pct": -8.648486934265131,
      "cagr_3y_pct": 51.69471305462277
    },
    {
      "year": 2017,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 5768644.973094035,
      "yoy_growth_pct": -27.967075142262566,
      "cagr_3y_pct": -1.720045557156924
    },
    {
      "year": 2018,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 9096825.433506543,
      "yoy_growth_pct": 57.69431947945698,
      "cagr_3y_pct": 1.240499974726328
    },
    {
      "year": 2019,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 11595559.086607883,
      "yoy_growth_pct": 27.468193947063078,
      "cagr_3y_pct": 13.13135194440207
    },
    {
      "year": 2020,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 12435133.554587772,
      "yoy_growth_pct": 7.240482858213748,
      "cagr_3y_pct": 29.17908802009488
    },
    {
      "year": 2021,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 15681604.261201855,
      "yoy_growth_pct": 26.10724438433025,
      "cagr_3y_pct": 19.903964556275678
    },
    {
      "year": 2022,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 17183085.261582293,
      "yoy_growth_pct": 9.57479206445273,
      "cagr_3y_pct": 14.008303692135149
    },
    {
      "year": 2023,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 20399704.14531888,
      "yoy_growth_pct": 18.7196817961921,
      "cagr_3y_pct": 17.93909881988991
    },
    {
      "year": 2024,
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "export_value_usd": 29624859.548074264,
      "yoy_growth_pct": 45.22200585380685,
      "cagr_3y_pct": 23.61996132575026
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "hs_code": "240220",
      "hs_description": "Cigarettes: containing tobacco",
      "buyer_imports_latest_usd": 683699881.6051499,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 2.932767876496906,
      "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",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "hs_code": "760120",
      "hs_description": "Aluminium: unwrought, alloys",
      "buyer_imports_latest_usd": 2428015655.202965,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.10598136506197,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "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": 291828425.3882896,
      "current_below_peak_pct": 3.8977142218714276,
      "lane_volatility_cv": 0.7412461018187942,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "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": 524484918.2204757,
      "current_below_peak_pct": 3.038997610534744,
      "lane_volatility_cv": 0.8886761751654892,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "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": 332535215.64937955,
      "current_below_peak_pct": 18.106820188457288,
      "lane_volatility_cv": 0.7407874266613024,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer macroeconomic trend has weakened",
      "risk_driver_labels": [
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "hs_code": "240210",
      "hs_description": "Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto",
      "buyer_imports_latest_usd": 42779126.15969486,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 1.7287557845530608,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta",
        "buyer_macro_weakness",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "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": 108742315.1983126,
      "current_below_peak_pct": 44.11855690690882,
      "lane_volatility_cv": 1.142164780431089,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta",
        "buyer_macro_weakness"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "hs_code": "880230",
      "hs_description": "Aeroplanes and other aircraft: of an unladen weight exceeding 2000kg but not exceeding 15,000kg",
      "buyer_imports_latest_usd": 70382735.59300579,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "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",
        "buyer_macro_weakness",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "hs_code": "621020",
      "hs_description": "Garments: overcoats, raincoats, car-coats, capes, cloaks and similar articles, men's or boys', of the fabrics of heading no. 5602, 5603, 5903, 5906 or 5907 (not knitted or crocheted)",
      "buyer_imports_latest_usd": 166048087.48606306,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.7474734927355201,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "long_distance_without_fta",
        "buyer_macro_weakness",
        "limited_history"
      ]
    },
    {
      "exporter_iso3": "ARM",
      "importer_iso3": "JPN",
      "hs_code": "940430",
      "hs_description": "Sleeping bags",
      "buyer_imports_latest_usd": 21832128.165545333,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "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",
        "buyer_macro_weakness",
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ARM",
    "importer_iso3": "JPN",
    "distance_km": 7948,
    "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": 4937421.880461999,
    "importer_gdp_per_capita_usd": 39285.162481125415,
    "importer_population": 125681.595,
    "importer_biz_entry_days": 11.1,
    "importer_biz_entry_cost_pct": 7.5,
    "exporter_gdp_million_usd": 13861.183874,
    "exporter_gdp_per_capita_usd": 4670.008798138086,
    "avg_applied_tariff_pct": 2.240406397827203,
    "avg_mfn_tariff_pct": 3.1693676000306517,
    "avg_preferential_tariff_pct": 1.6363991518816088,
    "tariff_advantage_pp": 1.5329684481490427
  },
  "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-JPN/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ARM-JPN/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ARM-JPN/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ARM-JPN/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ARM-JPN/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"
  }
}