# Iran exports to Armenia: Trade Route Risk | Yugalinks

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

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

## Route overview

In 2024, Iran reported $360.4M 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 | $360.4M | 2024 route total |
| Exports needing review | 91.1% | Share of route exports |
| Highest-priority products | 1 | Need the closest review |
| Products needing review | 19 | High-attention product types |
| Export volatility | 1.3 | Higher means bigger yearly swings |
| Below highest year | 14.8% | Compared with the route's best year |

## Product types to review

| Rank | HS6 | Product | Buyer-market imports | Below product high | Review level |
| ---: | --- | --- | ---: | ---: | --- |
| 1 | 721420 | Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling | $92.9M | 0% | High attention |
| 2 | 271121 | Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas | $435.3M | 3.3% | High attention |
| 3 | 271320 | Petroleum bitumen: obtained from bituminous minerals | $30.0M | 13.2% | High attention |
| 4 | 271019 | Not reported | $233.6M | 89.5% | Critical attention |
| 5 | 721049 | Iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically) | $25.1M | 0% | High attention |
| 6 | 252329 | Cement: portland, other than white, whether or not artificially coloured | $15.9M | 0% | High attention |
| 7 | 721391 | Iron or non-alloy steel: bars and rods, hot-rolled, in irregularly wound coils, n.e.s. in heading no. 7213, of circular cross-section measuring less than 14mm in diameter | $13.0M | 0% | High attention |
| 8 | 040150 | Dairy produce: milk and cream, not concentrated, not containing added sugar or other sweetening matter, of a fat content, by weight, exceeding 10% | $12.1M | 43.8% | High attention |
| 9 | 261310 | Molybdenum ores and concentrates: roasted | $11.1M | 40.3% | High attention |
| 10 | 730890 | Iron or steel: structures and parts thereof, n.e.s. in heading no. 7308 | $20.5M | 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.