{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.522Z", "seo": { "title": "Greece exports to Armenia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Greece 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": "GRC", "country_name": "Greece" }, "importer": { "iso3": "ARM", "country_name": "Armenia" }, "latestYear": 2024, "risk": { "exporter_iso3": "GRC", "importer_iso3": "ARM", "all_history_lane_count": 43, "current_lane_count": 24, "current_product_count": 24, "first_observed_last_year": 1997, "latest_data_year": 2024, "current_trade_usd": 14841915.198245415, "attention_trade_usd": 10908193.966728909, "critical_trade_usd": 0, "high_volatility_trade_usd": 11815134.645403763, "unrecovered_drawdown_trade_usd": 10468085.177271586, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 12078170.34138997, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 2, "high_volatility_lane_count": 11, "unrecovered_drawdown_lane_count": 10, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 11, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.3632537107066964, "trade_weighted_below_peak_pct": 60.29606442110567, "product_concentration_hhi": 4068.7058319570147, "top1_product_share_pct": 61.74810146869607, "top3_product_share_pct": 81.77035827647428, "top_product_hs6": "271019", "top_product_trade_usd": 9164600.856510403, "top_product_description": "", "top_attention_product_hs6": "271019", "top_attention_product_reason": "Current trade remains more than 50% below its historical peak", "distance_km": 1806.0635986328125, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.0027000000700354576, "has_reported_fta": 1, "avg_applied_tariff_pct": 4.516500222720307, "avg_mfn_tariff_pct": 4.516500222720307, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "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": 73.4958650620673, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "High attention", "primary_risk_reason": "Buyer-market concentration is 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": "GRC", "importer_iso3": "ARM", "export_value_usd": 8347282.575318083, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 3409908.8491321374, "yoy_growth_pct": -59.149473875308466, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 8374546.010420722, "yoy_growth_pct": 145.59442439501407, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 6583204.5196452765, "yoy_growth_pct": -21.39031164849319, "cagr_3y_pct": -7.608771052267138 }, { "year": 1999, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 10604016.865055848, "yoy_growth_pct": 61.07682563122352, "cagr_3y_pct": 45.96292125562016 }, { "year": 2000, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 47133550.32694844, "yoy_growth_pct": 344.48769675452803, "cagr_3y_pct": 77.87829598385048 }, { "year": 2001, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 12873677.35421346, "yoy_growth_pct": -72.68680745474634, "cagr_3y_pct": 25.051361453641352 }, { "year": 2002, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 12483717.396038001, "yoy_growth_pct": -3.029126390586656, "cagr_3y_pct": 5.590417310112272 }, { "year": 2003, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 27774715.299882706, "yoy_growth_pct": 122.48753651454543, "cagr_3y_pct": -16.162210192210978 }, { "year": 2004, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 28374648.53523382, "yoy_growth_pct": 2.15999778530096, "cagr_3y_pct": 30.139546834318498 }, { "year": 2005, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 35266700.799730524, "yoy_growth_pct": 24.289471835884036, "cagr_3y_pct": 41.36448050835091 }, { "year": 2006, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 35533864.440340124, "yoy_growth_pct": 0.7575521229693294, "cagr_3y_pct": 8.55861028958862 }, { "year": 2007, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 33887160.3155166, "yoy_growth_pct": -4.63418249255797, "cagr_3y_pct": 6.0966233395447045 }, { "year": 2008, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 32107495.28624772, "yoy_growth_pct": -5.251738454030297, "cagr_3y_pct": -3.0798975102466097 }, { "year": 2009, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 20997752.619942106, "yoy_growth_pct": -34.601710806959574, "cagr_3y_pct": -16.084254358647875 }, { "year": 2010, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 26987143.577325016, "yoy_growth_pct": 28.523961901020932, "cagr_3y_pct": -7.308356894108414 }, { "year": 2011, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 68874362.80330119, "yoy_growth_pct": 155.21175520469092, "cagr_3y_pct": 28.968521817846216 }, { "year": 2012, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 29172292.39856776, "yoy_growth_pct": -57.644192684756845, "cagr_3y_pct": 11.583311934956985 }, { "year": 2013, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 15263132.271504452, "yoy_growth_pct": -47.67935250692259, "cagr_3y_pct": -17.301890276419172 }, { "year": 2014, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 13907371.921753282, "yoy_growth_pct": -8.882582720470234, "cagr_3y_pct": -41.33273734443589 }, { "year": 2015, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 14687663.220787928, "yoy_growth_pct": 5.6106308468974575, "cagr_3y_pct": -20.446239051534388 }, { "year": 2016, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 16664878.842623802, "yoy_growth_pct": 13.461743996400033, "cagr_3y_pct": 2.9720828801311994 }, { "year": 2017, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 32959384.29654258, "yoy_growth_pct": 97.77752126371469, "cagr_3y_pct": 33.32492264557425 }, { "year": 2018, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 50331902.87315666, "yoy_growth_pct": 52.70886864969879, "cagr_3y_pct": 50.76373266402494 }, { "year": 2019, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 16061669.297986107, "yoy_growth_pct": -68.08849182900212, "cagr_3y_pct": -1.221406106027667 }, { "year": 2020, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 17105215.50900781, "yoy_growth_pct": 6.497121760267777, "cagr_3y_pct": -19.63816961641299 }, { "year": 2021, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 18471007.467482444, "yoy_growth_pct": 7.9846521533469605, "cagr_3y_pct": -28.405046501878928 }, { "year": 2022, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 52820487.65250144, "yoy_growth_pct": 185.96430241008807, "cagr_3y_pct": 48.708996239311816 }, { "year": 2023, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 36258774.9950672, "yoy_growth_pct": -31.35471366033463, "cagr_3y_pct": 28.45810933018511 }, { "year": 2024, "exporter_iso3": "GRC", "importer_iso3": "ARM", "export_value_usd": 37042625.90871178, "yoy_growth_pct": 2.1618240377707654, "cagr_3y_pct": 26.10638045580689 } ], "riskLanes": [ { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 233560444.23837852, "current_below_peak_pct": 80.047791931427, "lane_volatility_cv": 1.4925048393683127, "attention_level": "High 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": "GRC", "importer_iso3": "ARM", "hs_code": "854140", "hs_description": "Electrical apparatus: photosensitive, including photovoltaic cells, whether or not assembled in modules or made up into panels, light emitting diodes", "buyer_imports_latest_usd": 11482970.238981616, "current_below_peak_pct": 0, "lane_volatility_cv": 1.7508105114355164, "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": "GRC", "importer_iso3": "ARM", "hs_code": "760421", "hs_description": "Aluminium: alloys, hollow profiles", "buyer_imports_latest_usd": 11637190.863041524, "current_below_peak_pct": 19.259508972121036, "lane_volatility_cv": 0.6866106451664887, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "240220", "hs_description": "Cigarettes: containing tobacco", "buyer_imports_latest_usd": 21254975.098513383, "current_below_peak_pct": 89.44729643671828, "lane_volatility_cv": 0.9005557171896119, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown", "concentrated_buyer_market" ] }, { "exporter_iso3": "GRC", "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": 11.686210136170704, "lane_volatility_cv": 0.6451201266094556, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "320890", "hs_description": "Paints and varnishes: based on polymers n.e.s. in heading no. 3208, dispersed or dissolved in a non-aqueous medium", "buyer_imports_latest_usd": 11058977.435828723, "current_below_peak_pct": 49.259851381235805, "lane_volatility_cv": 1.4056105666045446, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "711311", "hs_description": "Jewellery: of silver, whether or not plated or clad with other precious metal, and parts thereof", "buyer_imports_latest_usd": 15196994.00929416, "current_below_peak_pct": 0, "lane_volatility_cv": 1.0324810692200515, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "330499", "hs_description": "Cosmetic and toilet preparations: n.e.c. in heading no. 3304, for the care of the skin (excluding medicaments, including sunscreen or sun tan preparations)", "buyer_imports_latest_usd": 27028320.545596387, "current_below_peak_pct": 72.25217286871452, "lane_volatility_cv": 0.7553570585084488, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "180690", "hs_description": "Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18", "buyer_imports_latest_usd": 48417758.20735117, "current_below_peak_pct": 11.35764945367848, "lane_volatility_cv": 1.236796762298104, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "GRC", "importer_iso3": "ARM", "hs_code": "392010", "hs_description": "Plastics: plates, sheets, film, foil and strip, of polymers of ethylene, non-cellular and not reinforced, laminated, supported or similarly combined with other materials", "buyer_imports_latest_usd": 11445938.136076612, "current_below_peak_pct": 81.31724393367283, "lane_volatility_cv": 0.7836429651511111, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "GRC", "importer_iso3": "ARM", "distance_km": 1810, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": 0, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 1, "rta_coverage_ratio": 3, "exporter_is_wto": 1, "importer_is_wto": 1, "exporter_is_eu": 1, "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": 216240.589485, "exporter_gdp_per_capita_usd": 20276.544674383436, "avg_applied_tariff_pct": 4.516500222720307, "avg_mfn_tariff_pct": 4.516500222720307, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, "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/GRC-ARM/risk", "html": "https://www.yugalinks.com/trade/corridor/GRC-ARM/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/GRC-ARM/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/GRC-ARM/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/GRC-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" } }