{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:07.402Z", "seo": { "title": "Belarus exports to Armenia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Belarus to Armenia, 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": "BLR", "country_name": "Belarus" }, "importer": { "iso3": "ARM", "country_name": "Armenia" }, "latestYear": 2024, "risk": { "exporter_iso3": "BLR", "importer_iso3": "ARM", "all_history_lane_count": 72, "current_lane_count": 63, "current_product_count": 63, "first_observed_last_year": 2006, "latest_data_year": 2024, "current_trade_usd": 48725098.84234606, "attention_trade_usd": 33570558.6489683, "critical_trade_usd": 0, "high_volatility_trade_usd": 40852289.78127763, "unrecovered_drawdown_trade_usd": 5108689.486278553, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 36561726.09886128, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 6, "high_volatility_lane_count": 39, "unrecovered_drawdown_lane_count": 29, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 32, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1650573868437561, "trade_weighted_below_peak_pct": 21.12813031772341, "product_concentration_hhi": 1862.0708825384045, "top1_product_share_pct": 35.50629410754609, "top3_product_share_pct": 63.19051942345211, "top_product_hs6": "870410", "top_product_trade_usd": 17300476.899155926, "top_product_description": "Vehicles: dumpers, designed for off-highway use, for transport of goods", "top_attention_product_hs6": "870410", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 1983.9395751953125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.08640000224113464, "has_reported_fta": 1, "avg_applied_tariff_pct": 1.8501542911701145, "avg_mfn_tariff_pct": 4.516500222720307, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 4.516500222720307, "buyer_biz_entry_days": 4, "buyer_biz_entry_cost_pct": null, "buyer_gdp_mn_latest": 13861.183874, "buyer_gdp_pc_latest": 4670, "buyer_population_latest": 2968.128, "buyer_gdp_5y_cagr_pct": 13.766456496846002, "buyer_gdp_pc_5y_cagr_pct": 13.22885175771702, "buyer_population_5y_cagr_pct": 0.47479483434074155, "buyer_investment_5y_avg_pct": 26.128000000000004, "buyer_savings_5y_avg_pct": 4.422, "buyer_macro_resilience_label": "Buyer macro trend resilient", "attention_trade_share_pct": 68.89787695985702, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Volatile products account for the largest observed corridor exposure", "buyer_gdp_mn_2024": 13861.183874, "buyer_gdp_pc_2024": 4670, "buyer_population_2024": 2968.128 }, "history": [ { "year": 1995, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 673716.6112700684, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 691718.4006033095, "yoy_growth_pct": 2.672012094121401, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 1121241.751967217, "yoy_growth_pct": 62.09511717330085, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 1068058.8913404632, "yoy_growth_pct": -4.743210867187619, "cagr_3y_pct": 16.601995100621835 }, { "year": 1999, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 710906.6738509353, "yoy_growth_pct": -33.43937496192606, "cagr_3y_pct": 0.9162461880818151 }, { "year": 2000, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 657516.8989236874, "yoy_growth_pct": -7.510096175921232, "cagr_3y_pct": -16.297990234419814 }, { "year": 2001, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 1164402.0382164044, "yoy_growth_pct": 77.09081547903259, "cagr_3y_pct": 2.920665494282937 }, { "year": 2002, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 2570284.14730798, "yoy_growth_pct": 120.73854759349811, "cagr_3y_pct": 53.481551996543075 }, { "year": 2003, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 6464759.943492686, "yoy_growth_pct": 151.51927074925297, "cagr_3y_pct": 114.23075970208797 }, { "year": 2004, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 8259682.829566529, "yoy_growth_pct": 27.764726018644836, "cagr_3y_pct": 92.14104038495856 }, { "year": 2005, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 12186135.52888753, "yoy_growth_pct": 47.537572329845304, "cagr_3y_pct": 67.99445817776598 }, { "year": 2006, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 18504623.234550674, "yoy_growth_pct": 51.84980661576439, "cagr_3y_pct": 41.985048696955204 }, { "year": 2007, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 20709610.887463618, "yoy_growth_pct": 11.915874346449428, "cagr_3y_pct": 35.85309055516668 }, { "year": 2008, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 25365038.550855543, "yoy_growth_pct": 22.479551589306034, "cagr_3y_pct": 27.68008828094093 }, { "year": 2009, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 23426458.960501283, "yoy_growth_pct": -7.642722822863101, "cagr_3y_pct": 8.178793496260784 }, { "year": 2010, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 55647712.13678117, "yoy_growth_pct": 137.5421408357416, "cagr_3y_pct": 39.02464397463081 }, { "year": 2011, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 26589873.794936337, "yoy_growth_pct": -52.217489679398035, "cagr_3y_pct": 1.584375818357997 }, { "year": 2012, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 32631169.680590782, "yoy_growth_pct": 22.720287927071414, "cagr_3y_pct": 11.679980987826589 }, { "year": 2013, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 36909839.86673809, "yoy_growth_pct": 13.112218250307727, "cagr_3y_pct": -12.790268560667428 }, { "year": 2014, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 29031315.59531254, "yoy_growth_pct": -21.34532227685282, "cagr_3y_pct": 2.971446516737375 }, { "year": 2015, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 32829493.421498276, "yoy_growth_pct": 13.083037224806304, "cagr_3y_pct": 0.20218225636410292 }, { "year": 2016, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 22416942.424229458, "yoy_growth_pct": -31.71706265333414, "cagr_3y_pct": -15.314041937018564 }, { "year": 2017, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 35443590.10318534, "yoy_growth_pct": 58.11072461370097, "cagr_3y_pct": 6.878494947862657 }, { "year": 2018, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 38406437.88207207, "yoy_growth_pct": 8.359333155194282, "cagr_3y_pct": 5.36910291206476 }, { "year": 2019, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 50631982.46841728, "yoy_growth_pct": 31.83201895443688, "cagr_3y_pct": 31.20473808760058 }, { "year": 2020, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 55796266.21640876, "yoy_growth_pct": 10.199647527553957, "cagr_3y_pct": 16.329307856242114 }, { "year": 2021, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 58177383.195130795, "yoy_growth_pct": 4.267520284398141, "cagr_3y_pct": 14.846223264058867 }, { "year": 2022, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 194442548.57693103, "yoy_growth_pct": 234.22360700679482, "cagr_3y_pct": 56.598930187321386 }, { "year": 2023, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 101278780.49780597, "yoy_growth_pct": -47.91326217485001, "cagr_3y_pct": 21.984441426338552 }, { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "ARM", "export_value_usd": 102774631.21043476, "yoy_growth_pct": 1.4769635902766476, "cagr_3y_pct": 20.886345327462298 } ], "riskLanes": [ { "exporter_iso3": "BLR", "importer_iso3": "ARM", "hs_code": "870410", "hs_description": "Vehicles: dumpers, designed for off-highway use, for transport of goods", "buyer_imports_latest_usd": 18909458.770286776, "current_below_peak_pct": 0, "lane_volatility_cv": 1.112039125933075, "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": "BLR", "importer_iso3": "ARM", "hs_code": "040210", "hs_description": "Dairy produce: milk and cream, concentrated or containing added sugar or other sweetening matter, in powder, granules or other solid forms, of a fat content not exceeding 1.5% (by weight)", "buyer_imports_latest_usd": 19503234.183562376, "current_below_peak_pct": 36.71189632693883, "lane_volatility_cv": 1.2239837472233157, "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": "BLR", "importer_iso3": "ARM", "hs_code": "300490", "hs_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale", "buyer_imports_latest_usd": 109540844.77239843, "current_below_peak_pct": 0, "lane_volatility_cv": 0.7282023829690325, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "BLR", "importer_iso3": "ARM", "hs_code": "441011", "hs_description": "Particle board of wood, whether or not agglomerated with resins or other organic binding substances", "buyer_imports_latest_usd": 18892717.129135527, "current_below_peak_pct": 0, "lane_volatility_cv": 1.523203603626905, "attention_level": "High attention", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "BLR", "importer_iso3": "ARM", "hs_code": "940350", "hs_description": "Furniture: wooden, for bedroom use", "buyer_imports_latest_usd": 10410955.557278408, "current_below_peak_pct": 25.305317457623993, "lane_volatility_cv": 1.4117819681804724, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "BLR", "importer_iso3": "ARM", "hs_code": "040510", "hs_description": "Dairy produce: derived from milk, butter", "buyer_imports_latest_usd": 18775532.794944555, "current_below_peak_pct": 33.36783940358295, "lane_volatility_cv": 0.6418807308205231, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "BLR", "importer_iso3": "ARM", "hs_code": "220860", "hs_description": "Vodka", "buyer_imports_latest_usd": 10279432.847512698, "current_below_peak_pct": 80.65695725671954, "lane_volatility_cv": 2.2413456784881904, "attention_level": "High attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "BLR", "importer_iso3": "ARM", "hs_code": "170199", "hs_description": "Sugars: sucrose, chemically pure, in solid form, not containing added flavouring or colouring matter", "buyer_imports_latest_usd": 23744400.791128226, "current_below_peak_pct": 0, "lane_volatility_cv": 1.2125907942221985, "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": "BLR", "importer_iso3": "ARM", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 233560444.23837852, "current_below_peak_pct": 49.08760382115225, "lane_volatility_cv": 1.3423695459977723, "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": "BLR", "importer_iso3": "ARM", "hs_code": "760421", "hs_description": "Aluminium: alloys, hollow profiles", "buyer_imports_latest_usd": 11637190.863041524, "current_below_peak_pct": 19.712705460417915, "lane_volatility_cv": 1.0431497641338343, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "BLR", "importer_iso3": "ARM", "distance_km": 1986, "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": 2, "exporter_is_wto": 0, "importer_is_wto": 1, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 13861.183874, "importer_gdp_per_capita_usd": 4670.008798138086, "importer_population": 2968.128, "importer_biz_entry_days": 4, "importer_biz_entry_cost_pct": 0.8, "exporter_gdp_million_usd": 68218.816484, "exporter_gdp_per_capita_usd": 7303.696265885707, "avg_applied_tariff_pct": 1.8501542911701145, "avg_mfn_tariff_pct": 4.516500222720307, "avg_preferential_tariff_pct": 0, "tariff_advantage_pp": 4.516500222720307 }, "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/BLR-ARM/risk", "html": "https://www.yugalinks.com/trade/corridor/BLR-ARM/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/BLR-ARM/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/BLR-ARM/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/BLR-ARM/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" } }