{ "template": "Corridor pair risk profile", "pageType": "Corridor pair risk profile", "source": "api", "generatedAt": "2026-08-29T11:48:14.398Z", "seo": { "title": "Taiwan exports to Armenia: Trade Route Risk | Yugalinks", "description": "Understand reported exports from Taiwan 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": "TWN", "country_name": "Taiwan" }, "importer": { "iso3": "ARM", "country_name": "Armenia" }, "latestYear": 2024, "risk": { "exporter_iso3": "TWN", "importer_iso3": "ARM", "all_history_lane_count": 30, "current_lane_count": 9, "current_product_count": 9, "first_observed_last_year": 2002, "latest_data_year": 2024, "current_trade_usd": 1204449.1815066813, "attention_trade_usd": 0, "critical_trade_usd": 0, "high_volatility_trade_usd": 792580.6817158107, "unrecovered_drawdown_trade_usd": 70103.85190425202, "declining_demand_trade_usd": 0, "concentrated_market_trade_usd": 301134.7861355013, "access_friction_trade_usd": 0, "buyer_macro_weakness_trade_usd": 0, "critical_lane_count": 0, "high_attention_lane_count": 0, "high_volatility_lane_count": 5, "unrecovered_drawdown_lane_count": 1, "declining_demand_lane_count": 0, "concentrated_market_lane_count": 3, "access_friction_lane_count": 0, "trade_weighted_volatility_cv": 1.3672144206898917, "trade_weighted_below_peak_pct": 26.2207417015527, "product_concentration_hhi": 1882.1140367169537, "top1_product_share_pct": 27.518826846512905, "top3_product_share_pct": 70.01266354639478, "top_product_hs6": "392690", "top_product_trade_usd": 331450.28471306554, "top_product_description": "Plastics: other articles n.e.s. in chapter 39", "top_attention_product_hs6": "", "top_attention_product_reason": "", "distance_km": 7190.8984375, "shares_land_border": 0, "shares_official_language": 0, "common_spoken_language_score": 0, "has_reported_fta": 0, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "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": 0, "critical_trade_share_pct": 0, "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_markets" ], "attention_level": "Stable", "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": "TWN", "importer_iso3": "ARM", "export_value_usd": 747883.4750555593, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 1996, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 727299.8705660682, "yoy_growth_pct": -2.752247532673713, "cagr_3y_pct": null }, { "year": 1997, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 319256.0694075154, "yoy_growth_pct": -56.103928746882126, "cagr_3y_pct": null }, { "year": 1998, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 970279.140074765, "yoy_growth_pct": 203.91877650922564, "cagr_3y_pct": 9.065547987474144 }, { "year": 1999, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 787121.6562630401, "yoy_growth_pct": -18.876782592441554, "cagr_3y_pct": 2.6698160017663675 }, { "year": 2000, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1568519.9384347473, "yoy_growth_pct": 99.27287299926348, "cagr_3y_pct": 70.00053719857596 }, { "year": 2001, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1656465.5322781366, "yoy_growth_pct": 5.606915901314702, "cagr_3y_pct": 19.516693501169048 }, { "year": 2002, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 851859.2751285242, "yoy_growth_pct": -48.573679407807404, "cagr_3y_pct": 2.6696303345971506 }, { "year": 2003, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1404865.301891479, "yoy_growth_pct": 64.91753308426678, "cagr_3y_pct": -3.606396878512297 }, { "year": 2004, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1794118.4713428428, "yoy_growth_pct": 27.707508252021174, "cagr_3y_pct": 2.6966407780841584 }, { "year": 2005, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 988428.5504819723, "yoy_growth_pct": -44.90728643230769, "cagr_3y_pct": 5.08138985379174 }, { "year": 2006, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1796802.5633261243, "yoy_growth_pct": 81.78375791047081, "cagr_3y_pct": 8.548016192654572 }, { "year": 2007, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1718553.4726501221, "yoy_growth_pct": -4.354907560414012, "cagr_3y_pct": -1.424124243033087 }, { "year": 2008, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 4047386.5775471246, "yoy_growth_pct": 135.51123907164722, "cagr_3y_pct": 59.983969620603105 }, { "year": 2009, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 3478767.451720027, "yoy_growth_pct": -14.049044116060283, "cagr_3y_pct": 24.635476917207267 }, { "year": 2010, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 3798665.452116184, "yoy_growth_pct": 9.19572822374166, "cagr_3y_pct": 30.263476865411864 }, { "year": 2011, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 4311775.171334965, "yoy_growth_pct": 13.50763118486611, "cagr_3y_pct": 2.13167943537913 }, { "year": 2012, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 4449058.13136154, "yoy_growth_pct": 3.1839081253411283, "cagr_3y_pct": 8.546100823193935 }, { "year": 2013, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 7174055.733984377, "yoy_growth_pct": 61.2488648645485, "cagr_3y_pct": 23.60742704316554 }, { "year": 2014, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 9650112.041216131, "yoy_growth_pct": 34.514037791794294, "cagr_3y_pct": 30.805322562956118 }, { "year": 2015, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 6585078.968793887, "yoy_growth_pct": -31.76163198241978, "cagr_3y_pct": 13.963112613762574 }, { "year": 2016, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 4931876.515014437, "yoy_growth_pct": -25.105279095570932, "cagr_3y_pct": -11.743002378902911 }, { "year": 2017, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 3803966.32677334, "yoy_growth_pct": -22.869797830649773, "cagr_3y_pct": -26.67792120521424 }, { "year": 2018, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1436738.4548396927, "yoy_growth_pct": -62.23051595573966, "cagr_3y_pct": -39.79874067430861 }, { "year": 2019, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 3711230.147039184, "yoy_growth_pct": 158.30937666753496, "cagr_3y_pct": -9.043187793865947 }, { "year": 2020, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 1793652.9781132804, "yoy_growth_pct": -51.66958374855154, "cagr_3y_pct": -22.16637582211667 }, { "year": 2021, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 2098857.979676952, "yoy_growth_pct": 17.015833346131014, "cagr_3y_pct": 13.46670557479075 }, { "year": 2022, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 3337030.2560480726, "yoy_growth_pct": 58.992665933580454, "cagr_3y_pct": -3.4807173152720083 }, { "year": 2023, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 3174191.768874268, "yoy_growth_pct": -4.879742605829662, "cagr_3y_pct": 20.957159465902887 }, { "year": 2024, "exporter_iso3": "TWN", "importer_iso3": "ARM", "export_value_usd": 2913879.552323022, "yoy_growth_pct": -8.200897598684353, "cagr_3y_pct": 11.55683415295632 } ], "riskLanes": [ { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "392690", "hs_description": "Plastics: other articles n.e.s. in chapter 39", "buyer_imports_latest_usd": 19318320.580267392, "current_below_peak_pct": 27.542530704606143, "lane_volatility_cv": 1.4244856428767418, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "TWN", "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": 28.136061651850724, "lane_volatility_cv": 0.8858216872673875, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "TWN", "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": 31.809991229227297, "lane_volatility_cv": 1.9608886957592238, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility", "concentrated_buyer_market" ] }, { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "950300", "hs_description": "Tricycles, scooters, pedal cars and similar wheeled toys: dolls' carriages: dolls: other toys: reduced-size (scale) models and similar recreational models, working or not: puzzles of all kinds", "buyer_imports_latest_usd": 14106817.949045185, "current_below_peak_pct": 0, "lane_volatility_cv": 2.2662713447214897, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "732690", "hs_description": "Iron or steel: articles n.e.s. in heading no. 7326", "buyer_imports_latest_usd": 10830089.920898816, "current_below_peak_pct": 0, "lane_volatility_cv": 1.444437446915886, "attention_level": "Watch", "primary_risk_reason": "Trade has varied substantially across reported years", "risk_driver_labels": [ "high_volatility" ] }, { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "401110", "hs_description": "Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)", "buyer_imports_latest_usd": 16936735.683870617, "current_below_peak_pct": 78.51734357013352, "lane_volatility_cv": 1.0341542313565972, "attention_level": "Watch", "primary_risk_reason": "Current trade remains more than 50% below its historical peak", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market" ] }, { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "382200", "hs_description": "Reagents: diagnostic or laboratory reagents on a backing and prepared diagnostic or laboratory reagents whether or not on a backing, other than those of heading no. 3002 or 3006: certified reference material", "buyer_imports_latest_usd": 14507175.01100637, "current_below_peak_pct": 12.09562261546777, "lane_volatility_cv": 0.5113573047938436, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "901839", "hs_description": "Medical, surgical instruments and appliances: catheters, cannulae and the like", "buyer_imports_latest_usd": 14915521.479838435, "current_below_peak_pct": 8.133944298841985, "lane_volatility_cv": 0.9161615593240616, "attention_level": "Stable", "primary_risk_reason": "No material risk condition is currently identified", "risk_driver_labels": [] }, { "exporter_iso3": "TWN", "importer_iso3": "ARM", "hs_code": "842230", "hs_description": "Machinery: for filling, closing, sealing, capsuling or labelling bottles, cans, bags or other containers, machinery for aerating beverages", "buyer_imports_latest_usd": 18231556.088744722, "current_below_peak_pct": 37.937079116698065, "lane_volatility_cv": 0.35630306800115613, "attention_level": "Watch", "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers", "risk_driver_labels": [ "concentrated_buyer_market", "limited_history" ] } ], "accessProfile": { "year": 2024, "exporter_iso3": "TWN", "importer_iso3": "ARM", "distance_km": 7195, "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": 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": 610872, "exporter_gdp_per_capita_usd": 25888.765087444594, "avg_applied_tariff_pct": null, "avg_mfn_tariff_pct": null, "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/TWN-ARM/risk", "html": "https://www.yugalinks.com/trade/corridor/TWN-ARM/risk/index.html", "markdown": "https://www.yugalinks.com/trade/corridor/TWN-ARM/risk/index.md", "json": "https://www.yugalinks.com/trade/corridor/TWN-ARM/risk/index.json", "jsonLd": "https://www.yugalinks.com/trade/corridor/TWN-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" } }