{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:15.774Z", "seo": { "title": "Hungary exports to Armenia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Hungary 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": "HUN", "country_name": "Hungary" }, "importer": { "iso3": "ARM", "country_name": "Armenia" }, "latestYear": 2024, "risk": { "exporter_iso3": "HUN", "importer_iso3": "ARM", "all_history_lane_count": 47, "current_lane_count": 34, "current_product_count": 34, "first_observed_last_year": 1997, "latest_data_year": 2024, "current_trade_usd": 20183839.886870645, "attention_trade_usd": 5904476.709058397, "critical_trade_usd": 0, "high_volatility_trade_usd": 8466646.0358082, "unrecovered_drawdown_trade_usd": 1433755.303986966, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 7342123.599437263, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 1, "high_volatility_lane_count": 22, "unrecovered_drawdown_lane_count": 14, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 14, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.1756367763443754, "trade_weighted_below_peak_pct": 6.433427719341471, "product_concentration_hhi": 3534.5928646476787, "top1_product_share_pct": 51.53157182895524, "top3_product_share_pct": 83.05934062411477, "top_product_hs6": "300490", "top_product_trade_usd": 10401049.949144064, "top_product_description": "Medicaments: consisting of mixed or unmixed products n.e.s. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale", "top_attention_product_hs6": "560122", "top_attention_product_reason": "Trade has varied substantially across reported years", "distance_km": 2186.892822265625, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0.007200000341981649, "has_reported_fta": 1, "avg_applied_tariff_pct": 4.516500222720308, "avg_mfn_tariff_pct": 4.516500222720308, "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": 29.253485670480327, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_product_mix", "concentrated_buyer_markets" ], "attention_level": "Watch", "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": "HUN", "importer_iso3": "ARM", "export_value_usd": 1241502.526132514, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 2257165.540474155, "yoy_growth_pct": 81.80917823063957, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 3065375.318661482, "yoy_growth_pct": 35.80640248555049, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 2448061.468459495, "yoy_growth_pct": -20.138279526291146, "cagr_3y_pct": 25.398277294271445 }, { "year": 1999, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 1872184.4026158222, "yoy_growth_pct": -23.523799269879365, "cagr_3y_pct": -6.0431596036013 }, { "year": 2000, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 1737296.373009247, "yoy_growth_pct": -7.204847418775051, "cagr_3y_pct": -17.244521867172256 }, { "year": 2001, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 1651893.9744084275, "yoy_growth_pct": -4.915822074324039, "cagr_3y_pct": -12.289157308276987 }, { "year": 2002, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 2123519.411821568, "yoy_growth_pct": 28.55058767207126, "cagr_3y_pct": 4.288367903717694 }, { "year": 2003, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 2689569.873193569, "yoy_growth_pct": 26.656241436777805, "cagr_3y_pct": 15.683025801202287 }, { "year": 2004, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 4636375.645168966, "yoy_growth_pct": 72.38353579800396, "cagr_3y_pct": 41.05835523975194 }, { "year": 2005, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 5653381.750153416, "yoy_growth_pct": 21.935368978226677, "cagr_3y_pct": 38.59599874481765 }, { "year": 2006, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 7410737.749089592, "yoy_growth_pct": 31.085040363468952, "cagr_3y_pct": 40.1929596789746 }, { "year": 2007, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 15193663.742568905, "yoy_growth_pct": 105.02228330014032, "cagr_3y_pct": 48.5347142033103 }, { "year": 2008, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 23317531.114453115, "yoy_growth_pct": 53.468784814048064, "cagr_3y_pct": 60.37059879314539 }, { "year": 2009, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 13094706.657966657, "yoy_growth_pct": -43.84179614174484, "cagr_3y_pct": 20.895863924838466 }, { "year": 2010, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 19171857.6202316, "yoy_growth_pct": 46.40921802221265, "cagr_3y_pct": 8.060563557506217 }, { "year": 2011, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 19245069.963429227, "yoy_growth_pct": 0.3818740189285075, "cagr_3y_pct": -6.197954322729848 }, { "year": 2012, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 17260522.265762642, "yoy_growth_pct": -10.31197964693169, "cagr_3y_pct": 9.644298372649839 }, { "year": 2013, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 18372002.17454477, "yoy_growth_pct": 6.4394338228503045, "cagr_3y_pct": -1.4104772335260085 }, { "year": 2014, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 19500462.009118676, "yoy_growth_pct": 6.142280105635067, "cagr_3y_pct": 0.44040815628774155 }, { "year": 2015, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 13296721.930582527, "yoy_growth_pct": -31.8132979394806, "cagr_3y_pct": -8.32936956567828 }, { "year": 2016, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 11831930.461827189, "yoy_growth_pct": -11.016184864228162, "cagr_3y_pct": -13.642570482610694 }, { "year": 2017, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 15003657.353556033, "yoy_growth_pct": 26.80650382422074, "cagr_3y_pct": -8.36724470797382 }, { "year": 2018, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 16075230.07222069, "yoy_growth_pct": 7.142076717785639, "cagr_3y_pct": 6.529740780037185 }, { "year": 2019, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 19314447.988475073, "yoy_growth_pct": 20.15036737702445, "cagr_3y_pct": 17.74493400548245 }, { "year": 2020, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 17761792.52313604, "yoy_growth_pct": -8.038829099674526, "cagr_3y_pct": 5.786411482225962 }, { "year": 2021, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 17696167.911590192, "yoy_growth_pct": -0.3694706570880446, "cagr_3y_pct": 3.2541092240657488 }, { "year": 2022, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 26551007.662053175, "yoy_growth_pct": 50.038176596773035, "cagr_3y_pct": 11.190129457522113 }, { "year": 2023, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 32012295.427913856, "yoy_growth_pct": 20.56904142913558, "cagr_3y_pct": 21.69610388878973 }, { "year": 2024, "exporter_iso3": "HUN", "importer_iso3": "ARM", "export_value_usd": 41653167.82565163, "yoy_growth_pct": 30.11615464891404, "cagr_3y_pct": 33.02183521799924 } ], "riskLanes": [ { "exporter_iso3": "HUN", "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": 0.7733978068791522, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "560122", "hs_description": "Wadding: other articles thereof, of man-made fibres", "buyer_imports_latest_usd": 11298787.606415752, "current_below_peak_pct": 0, "lane_volatility_cv": 1.6833071343666222, "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": "HUN", "importer_iso3": "ARM", "hs_code": "851762", "hs_description": "Communication apparatus (excluding telephone sets or base stations): machines for the reception, conversion and transmission or regeneration of voice, images or other data, including switching and routing apparatus", "buyer_imports_latest_usd": 35992444.74660782, "current_below_peak_pct": 0, "lane_volatility_cv": 1.2756511197912639, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "870323", "hs_description": "Vehicles: spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 1500cc but not exceeding 3000cc", "buyer_imports_latest_usd": 110109218.10489665, "current_below_peak_pct": 67.28467465314532, "lane_volatility_cv": 1.1423621630361163, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown" ] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "271019", "hs_description": "", "buyer_imports_latest_usd": 233560444.23837852, "current_below_peak_pct": 0, "lane_volatility_cv": 2.61559796069247, "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": "HUN", "importer_iso3": "ARM", "hs_code": "847150", "hs_description": "Digital processing units: other than those of subheadings 8471.41 or 8471.49, whether or not containing in the same housing one or two of the following types of unit: storage units, input units or output units", "buyer_imports_latest_usd": 20549921.170535572, "current_below_peak_pct": 36.92715497787324, "lane_volatility_cv": 0.41058560660811144, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "dominant_supplier" ] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "870340", "hs_description": "Vehicles: with both spark-ignition internal combustion piston engine and electric motor for propulsion, incapable of being charged by plugging to external source of electric power", "buyer_imports_latest_usd": 18308846.794105362, "current_below_peak_pct": 79.37859802167775, "lane_volatility_cv": 0.8745662294978215, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "870899", "hs_description": "Vehicle parts and accessories: n.e.c. in heading no. 8708", "buyer_imports_latest_usd": 44826185.14411709, "current_below_peak_pct": 0, "lane_volatility_cv": 3.1495028562314533, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "961900", "hs_description": "Sanitary towels (pads) and tampons, napkins and napkin liners for babies and similar articles, of any material", "buyer_imports_latest_usd": 21929449.818487253, "current_below_peak_pct": 78.58955341023272, "lane_volatility_cv": 0.841814437589833, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "unrecovered_drawdown" ] }, { "exporter_iso3": "HUN", "importer_iso3": "ARM", "hs_code": "940360", "hs_description": "Furniture: wooden, other than for office, kitchen or bedroom use", "buyer_imports_latest_usd": 14410004.9862434, "current_below_peak_pct": 0, "lane_volatility_cv": 2.813568457685547, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "HUN", "importer_iso3": "ARM", "distance_km": 2192, "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": 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": 182280.517581, "exporter_gdp_per_capita_usd": 18772.673292044827, "avg_applied_tariff_pct": 4.516500222720308, "avg_mfn_tariff_pct": 4.516500222720308, "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/HUN-ARM/risk", "html": "https://www.yugalinks.com/trade/corridor/HUN-ARM/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/HUN-ARM/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/HUN-ARM/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/HUN-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" } }