Trade route overview

Armenia exports to Russia
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

ARM-RUS2024 reported exports880 product typesHigh attention review level
Latest reported exports$3.0B2024 route total
Highest-priority products2Need the closest review
Products needing review189High-attention product types
Exports needing review81.6%Share of route exports
Overall review levelHigh attentionBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Armenia reported $3.0B in goods exports to Russia. 189 product types are marked for closer review, covering 81.6% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Armenia to Russia in the latest available year.

$3.0B in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

81.6% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

880 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Armenia to Russia. Bar lengths are relative to the highest year shown.

Latest annual total$3.1B2024 annual history
Highest year$3.5B2023 annual history
Latest below highest10.6%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$2.6B
Still below the previous high
$170.3M
Buyer demand is falling
$0.0
Product mix is concentrated
$2.6B
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility1.8Higher means bigger yearly swings
Below highest year10.8%Compared with the route's best year
Product concentration (HHI)599.60-10,000 scale; higher means fewer products dominate
Largest product share20.2%Share from the biggest product

Largest product

Telephones for cellular networks or for other wireless networks

Product code HS6 851712 makes up 20.2% of exports from Armenia to Russia. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$607.5M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Armenia exports to Russia
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Telephones for cellular networks or for other wireless networksHS6 851712 - six-digit product code$4.0B0%2High attention
2Spirits obtained by distilling grape wine or grape marcHS6 220820 - six-digit product code$492.4M0%0.7High attention
3Reception apparatus for television, whether or not incorporating radio-broadcast receivers or sound or video recording or reproducing apparatus: incorporating a colour video display or screenHS6 852872 - six-digit product code$1.1B0%2.2High attention
4Metals: silver, semi-manufacturedHS6 710692 - six-digit product code$160.1M0%2.8High attention
5Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or setHS6 710239 - six-digit product code$150.5M47.4%1.5High attention
6Ferro-alloys: ferro-molybdenumHS6 720270 - six-digit product code$73.4M8.6%2High attention
7Data processing machines: portable, digital and automatic, weighing not more than 10kg, consisting of at least a central processing unit, a keyboard and a displayHS6 847130 - six-digit product code$2.2B7.5%1.7High attention
8Monitors: other than cathode-ray tube: capable of directly connecting to and designed for use with an automatic data processing machine of heading 84.71HS6 852852 - six-digit product code$330.6M0%1.9High attention
9Fish: trout (salmo trutta, oncorhynchus mykiss, oncorhynchus clarki, oncorhynchus aguabonita, oncorhynchus gilae, oncorhynchus apache and oncorhynchus chrysogaster), fresh or chilled (excluding fillets, livers, roes, other fish meat of heading no. 0304)HS6 030211 - six-digit product code$147.8M36.9%1.6High attention
10Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereofHS6 711319 - six-digit product code$111.5M11.5%2.3Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Armenia. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets1,803 kmApproximate route distance
Trade agreement (FTA)YesReported agreement coverage
Average import tariff7%Average tax applied to imports
Buyer economy size$1.8T2024 gross domestic product
Buyer GDP per person$12.4KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time10 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

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.

How much did Armenia export to Russia?

Armenia reported $3.0B in goods exports to Russia in 2024.

What does "exports needing review" mean?

81.6% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.