# India exports to Armenia: Trade Route Risk | Yugalinks

Understand reported exports from India to Armenia, the product routes that need a closer look, and the conditions that may affect planning.

Canonical: https://www.yugalinks.com/trade/corridor/IND-ARM/risk

## Route overview

In 2024, India reported $176.0M in goods exports to Armenia. The overall review level is High attention.

## How to read this page

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

## Key numbers

| Measure | Value | What it means |
| --- | ---: | --- |
| Latest reported exports | $176.0M | 2024 route total |
| Exports needing review | 80.6% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 10 | High-attention product types |
| Export volatility | 1.4 | Higher means bigger yearly swings |
| Below highest year | 18.6% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 710239 | Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set | $132.2M | 21.8% | High attention |
| 2 | 902750 | Instruments and apparatus: using optical radiations (UV, visible, IR), (other than spectrometers, spectrophotometers and spectrographs) | $35.2M | 0% | High attention |
| 3 | 240120 | Tobacco: partly or wholly stemmed or stripped | $75.3M | 0% | Stable |
| 4 | 930690 | Ammunition: n.e.s. in chapter 93 | $13.0M | 0% | High attention |
| 5 | 710231 | Diamonds: non-industrial, unworked or simply sawn, cleaved or bruted, but not mounted or set | $366.1M | 68.6% | Critical attention |
| 6 | 710490 | Stones: precious or semi-precious, synthetic or reconstructed, (not piezo-electric quartz), worked or graded or not, (but not strung, mounted or set), temporarily strung for transport convenience, n.e.s. in item no. 7104.20 | $12.6M | 55.8% | High attention |
| 7 | 020230 | Meat: of bovine animals, boneless cuts, frozen | $11.3M | 68.4% | High attention |
| 8 | 710391 | Stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set | $14.4M | 0% | High attention |
| 9 | 690721 | Ceramic tiles: flags and paving, hearth or wall tiles other than those of subheadings 6907.30 and 6907.40, of a water absorption coefficient by weight not over 0.5% | $16.1M | 0% | Watch |
| 10 | 090111 | Coffee: not roasted or decaffeinated | $24.9M | 0% | High attention |

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.