{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:18.487Z",
  "seo": {
    "title": "Iceland exports to Argentina: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Iceland to Argentina, 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": "ISL",
    "country_name": "Iceland"
  },
  "importer": {
    "iso3": "ARG",
    "country_name": "Argentina"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "ISL",
    "importer_iso3": "ARG",
    "all_history_lane_count": 18,
    "current_lane_count": 2,
    "current_product_count": 2,
    "first_observed_last_year": 1995,
    "latest_data_year": 2024,
    "current_trade_usd": 490727.2877003717,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 155768.05210709205,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "access_friction_trade_usd": 490727.2877003717,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 1,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 2,
    "trade_weighted_volatility_cv": 0.984544863754642,
    "trade_weighted_below_peak_pct": 7.3730787634460695,
    "product_concentration_hhi": 5666.688345704708,
    "top1_product_share_pct": 68.25771543354627,
    "top3_product_share_pct": 100,
    "top_product_hs6": "902131",
    "top_product_trade_usd": 334959.23559327965,
    "top_product_description": "Artificial parts of the body",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 11455.87109375,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 13.766198483434344,
    "avg_mfn_tariff_pct": 13.766198483434344,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 11.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 491492.700657,
    "buyer_gdp_pc_latest": 10729,
    "buyer_population_latest": 45808.746,
    "buyer_gdp_5y_cagr_pct": 7.350939111718491,
    "buyer_gdp_pc_5y_cagr_pct": 7.009215081112341,
    "buyer_population_5y_cagr_pct": 0.319340750557906,
    "buyer_investment_5y_avg_pct": 17.376,
    "buyer_savings_5y_avg_pct": 16.572,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "concentrated_product_mix",
      "market_access_friction"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 491492.700657,
    "buyer_gdp_pc_2024": 10729,
    "buyer_population_2024": 45808.746
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 230992.34620446851,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 132935.0208097612,
      "yoy_growth_pct": -42.45046513701778,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1573082.1630145533,
      "yoy_growth_pct": 1083.346685796016,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 963403.9825942095,
      "yoy_growth_pct": -38.75691904432988,
      "cagr_3y_pct": 60.967036716236024
    },
    {
      "year": 1999,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 249628.67463572897,
      "yoy_growth_pct": -74.08888906982298,
      "cagr_3y_pct": 23.372496888941008
    },
    {
      "year": 2000,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 171134.345734715,
      "yoy_growth_pct": -31.444436027053758,
      "cagr_3y_pct": -52.262252386402906
    },
    {
      "year": 2001,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 504251.7139807421,
      "yoy_growth_pct": 194.65255020310832,
      "cagr_3y_pct": -19.41027967983996
    },
    {
      "year": 2002,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1120853.1448347268,
      "yoy_growth_pct": 122.28048289341729,
      "cagr_3y_pct": 64.97497881056186
    },
    {
      "year": 2003,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 298448.76265963994,
      "yoy_growth_pct": -73.3730717503008,
      "cagr_3y_pct": 20.36795107498641
    },
    {
      "year": 2004,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 302452.77546730096,
      "yoy_growth_pct": 1.3416081112144873,
      "cagr_3y_pct": -15.665864568118836
    },
    {
      "year": 2005,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 136092.71038316318,
      "yoy_growth_pct": -55.00364968617173,
      "cagr_3y_pct": -50.48211925313459
    },
    {
      "year": 2006,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 327129.2821456466,
      "yoy_growth_pct": 140.37237646647503,
      "cagr_3y_pct": 3.105827623622015
    },
    {
      "year": 2007,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 377998.90274608356,
      "yoy_growth_pct": 15.550310955589875,
      "cagr_3y_pct": 7.715364399535329
    },
    {
      "year": 2008,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1502887.3823494986,
      "yoy_growth_pct": 297.5904087105369,
      "cagr_3y_pct": 122.68819320894617
    },
    {
      "year": 2009,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 327493.83464437205,
      "yoy_growth_pct": -78.20902361077825,
      "cagr_3y_pct": 0.03713283844535287
    },
    {
      "year": 2010,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1367249.9430885394,
      "yoy_growth_pct": 317.48875809318554,
      "cagr_3y_pct": 53.50379787528603
    },
    {
      "year": 2011,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 956414.4866654933,
      "yoy_growth_pct": -30.048306712303983,
      "cagr_3y_pct": -13.985189714599644
    },
    {
      "year": 2012,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 470306.2354824418,
      "yoy_growth_pct": -50.82610708646327,
      "cagr_3y_pct": 12.821673171673599
    },
    {
      "year": 2013,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 497115.53814375214,
      "yoy_growth_pct": 5.7003927736168025,
      "cagr_3y_pct": -28.626585372761472
    },
    {
      "year": 2014,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 3855961.6600460303,
      "yoy_growth_pct": 675.6670963141354,
      "cagr_3y_pct": 59.15813950938684
    },
    {
      "year": 2015,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1052207.9485480466,
      "yoy_growth_pct": -72.71217814609999,
      "cagr_3y_pct": 30.789721136965408
    },
    {
      "year": 2016,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 929749.7961339236,
      "yoy_growth_pct": -11.638208263214933,
      "cagr_3y_pct": 23.20724634461864
    },
    {
      "year": 2017,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1141710.1165556153,
      "yoy_growth_pct": 22.797565678751752,
      "cagr_3y_pct": -33.3488397257251
    },
    {
      "year": 2018,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 2549972.628203664,
      "yoy_growth_pct": 123.34676650642157,
      "cagr_3y_pct": 34.32122590964477
    },
    {
      "year": 2019,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 549598.1840686755,
      "yoy_growth_pct": -78.44689868471876,
      "cagr_3y_pct": -16.07466842182531
    },
    {
      "year": 2020,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 749766.5051738616,
      "yoy_growth_pct": 36.42084834111714,
      "cagr_3y_pct": -13.079263963479438
    },
    {
      "year": 2021,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 2247316.920158758,
      "yoy_growth_pct": 199.73557162808078,
      "cagr_3y_pct": -4.124067497829209
    },
    {
      "year": 2022,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 915940.2994094656,
      "yoy_growth_pct": -59.242940272760436,
      "cagr_3y_pct": 18.560664876365827
    },
    {
      "year": 2023,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1015148.6182573419,
      "yoy_growth_pct": 10.83130842827189,
      "cagr_3y_pct": 10.62871407703021
    },
    {
      "year": 2024,
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "export_value_usd": 1677953.0488281315,
      "yoy_growth_pct": 65.29136903211226,
      "cagr_3y_pct": -9.279557269401483
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "hs_code": "902131",
      "hs_description": "Artificial parts of the body",
      "buyer_imports_latest_usd": 30903681.210484087,
      "current_below_peak_pct": 6.218822160332477,
      "lane_volatility_cv": 0.8440265613564241,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "ISL",
      "importer_iso3": "ARG",
      "hs_code": "732690",
      "hs_description": "Iron or steel: articles n.e.s. in heading no. 7326",
      "buyer_imports_latest_usd": 150592319.6727654,
      "current_below_peak_pct": 9.855159679445539,
      "lane_volatility_cv": 1.2867114667356738,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "ISL",
    "importer_iso3": "ARG",
    "distance_km": 11406,
    "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": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 491492.700657,
    "importer_gdp_per_capita_usd": 10729.23281193945,
    "importer_population": 45808.746,
    "importer_biz_entry_days": 11.5,
    "importer_biz_entry_cost_pct": 5,
    "exporter_gdp_million_usd": 25458.933915999998,
    "exporter_gdp_per_capita_usd": 68383.7653366282,
    "avg_applied_tariff_pct": 13.766198483434344,
    "avg_mfn_tariff_pct": 13.766198483434344,
    "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/ISL-ARG/risk",
    "html": "https://www.yugalinks.com/trade/corridor/ISL-ARG/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/ISL-ARG/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/ISL-ARG/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/ISL-ARG/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"
  }
}