{
  "template": "T3",
  "templateName": "Product Exporter Position Profile",
  "source": "api",
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com"
  },
  "canonical": "https://www.yugalinks.com/trade/exporter/arm/040640",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040640",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/040640",
    "methodology": "https://www.yugalinks.com/methodology"
  },
  "methodology": {
    "summary": "Reported exporter totals are combined with destination, price, history, and country-context observations. Growth, concentration, weighted share, volatility, drawdown, and price-position values are calculated indicators rather than additional reported trade.",
    "reportedValues": "Merchandise trade observations for an exporter, HS6 product, destination market, and available year.",
    "destinations": "Destination rows are ranked by latest observed exporter-lane value.",
    "prices": "Unit values are reported trade value divided by reported quantity where quantity is positive.",
    "missingData": "Missing values are shown as Not reported and are not imputed."
  },
  "exporter": {
    "hs_code": "040640",
    "exporter_iso3": "ARM",
    "first_data_year": 2003,
    "latest_data_year": 2024,
    "observed_lane_count": 5,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 9511159.812476883,
    "exports_current_2024_usd": 9463959.240978427,
    "exports_avg_3y_usd": 6987254.906842656,
    "exports_avg_5y_usd": 6116553.423570626,
    "exports_avg_10y_usd": 3418911.212516694,
    "exports_cagr_3y_pct": 13.196485612820364,
    "exports_cagr_5y_pct": 55.04555317154565,
    "exports_cagr_10y_pct": 100.76908682886882,
    "exports_all_year_lane_avg_usd": 2895501.22430803,
    "exports_historical_lane_peak_usd": 9520014.03482369,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 69.23076923076923,
    "trend_acceleration_pct": -87.57260121604845,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 9463856.2,
    "top_market_share_pct": 99.5026514808969,
    "destination_hhi": 9900.996704117215,
    "weighted_share_latest_pct": 69.48289814256997,
    "weighted_share_change_1y_pp": 22.97917327301827,
    "weighted_volatility_cv": 1.0775458486924776,
    "weighted_max_drawdown_pct": 74.67664116705313,
    "limited_history_lane_share_pct": 80,
    "data_freshness_years": 0,
    "coverage_score": 48.5,
    "confidence_label": "Low",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 40640,
      "hs_description": "Dairy produce: cheese, blue-veined and other cheese containing veins produced by Penicillium roqueforti (not grated, powdered or processed)",
      "hs_chapter": 4,
      "hs_heading": 406,
      "substitution_elasticity": -15.336971,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Dairy produce: cheese, blue-veined and other cheese containing veins produced by Penicillium roqueforti (not grated, powdered or processed)",
    "hs_chapter": 4,
    "hs_heading": 406,
    "destinations": [
      {
        "hs_code": 40640,
        "corridor_rank": 19,
        "exporter_iso3": "ARM",
        "importer_iso3": "RUS",
        "latest_data_year": 2024,
        "lane_data_years": 12,
        "exports_latest_observed_usd": 9463856.2,
        "exports_all_year_avg_usd": 2845411.578283829,
        "exports_avg_3y_usd": 6972410.153333333,
        "exports_avg_5y_usd": 6107638.586036799,
        "exports_avg_10y_usd": 3413925.3397535244,
        "exports_cagr_3y_pct": 13.196074793955992,
        "exports_cagr_5y_pct": 55.04572126471024,
        "exports_cagr_10y_pct": 146.6581519208995,
        "exports_historical_peak_usd": 9463856.2,
        "buyer_imports_latest_observed_usd": 13561711.876680482,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 63.63636363636363,
        "trend_acceleration_pct": -133.4620771269435,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 0.3611,
        "buyer_yoy_all_avg_pct": 16.4444,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 69.78364004527488,
        "market_share_change_1y_pp": 23.04791952084223,
        "peer_best_share_pct": 69.78364004527488,
        "peer_top_exporter": "ARM",
        "supplier_count_latest": 6,
        "buyer_market_hhi": 5675.16,
        "distance_km": 1803.0347900390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07035569977164752,
        "tariff_advantage_pp": 0.11425769714942527,
        "volatility_cv": 1.0829160780507223,
        "max_drawdown_pct": 75.04947966324589,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 40640,
      "num_markets": 4,
      "highest_price_importer_iso3": "BLR",
      "highest_price_usd_per_ton": 15411.934805467929,
      "lowest_price_importer_iso3": "RUS",
      "lowest_price_usd_per_ton": 2687.4426153764134,
      "median_price_across_markets": 8536.140252279256,
      "price_spread_pct": 149.06610967051432,
      "avg_quantity_metric_tons": 201.7711111111111,
      "total_trade_value_usd": 16585888
    },
    "history": [
      {
        "year": 2003,
        "export_value_usd": 2735.6115729952985,
        "active_destinations": 1
      },
      {
        "year": 2011,
        "export_value_usd": 4550.234649187808,
        "active_destinations": 1,
        "yoy_growth_pct": 66.33336011974929
      },
      {
        "year": 2012,
        "export_value_usd": 1135.3072215156365,
        "active_destinations": 1,
        "yoy_growth_pct": -75.04947966324589
      },
      {
        "year": 2013,
        "export_value_usd": 8894.149487976001,
        "active_destinations": 1,
        "yoy_growth_pct": 683.4134513918004
      },
      {
        "year": 2015,
        "export_value_usd": 461577.15529827477,
        "active_destinations": 1,
        "yoy_growth_pct": 5089.671659131442
      },
      {
        "year": 2016,
        "export_value_usd": 615978.1220705692,
        "active_destinations": 2,
        "yoy_growth_pct": 33.450738408515754
      },
      {
        "year": 2017,
        "export_value_usd": 350482.3463141246,
        "active_destinations": 2,
        "yoy_growth_pct": -43.101494394638294
      },
      {
        "year": 2018,
        "export_value_usd": 1122034.1201870048,
        "active_destinations": 1,
        "yoy_growth_pct": 220.13998193831034
      },
      {
        "year": 2019,
        "export_value_usd": 1056273.2634438348,
        "active_destinations": 2,
        "yoy_growth_pct": -5.860860695770095
      },
      {
        "year": 2020,
        "export_value_usd": 3096099.8390769535,
        "active_destinations": 2,
        "yoy_growth_pct": 193.11542251694814
      },
      {
        "year": 2021,
        "export_value_usd": 6524902.558248209,
        "active_destinations": 1,
        "yoy_growth_pct": 110.74587052701412
      },
      {
        "year": 2022,
        "export_value_usd": 5138017.64,
        "active_destinations": 1,
        "yoy_growth_pct": -21.255258693404258
      },
      {
        "year": 2023,
        "export_value_usd": 6359787.8395495415,
        "active_destinations": 2,
        "yoy_growth_pct": 23.77901916953212
      },
      {
        "year": 2024,
        "export_value_usd": 9463959.240978427,
        "active_destinations": 2,
        "yoy_growth_pct": 48.80935464741465
      }
    ],
    "economy": {
      "year": 2024,
      "country_iso3": "ARM",
      "exports_usd": 13172706319.704441,
      "imports_usd": 15814273316.199276,
      "trade_balance_usd": -2641566996.494835,
      "yoy_exports_growth_pct": 50.95638008391632,
      "yoy_imports_growth_pct": 46.124865981023746,
      "exports_cagr_3y_pct": 57.64236379460706,
      "imports_cagr_3y_pct": 39.7268959336502,
      "export_partner_hhi": 2687.4781852920996,
      "export_product_hhi": 2196.793131884094,
      "momentum_score": 52.962175197123535,
      "risk_score": 24.421356585880968,
      "gdp_million_usd": 25955.275380032082,
      "gdp_per_capita_usd": 8556.214069567193,
      "population": 3033500,
      "labor_force": 1288.02,
      "investment_rate_pct": 25.94,
      "savings_rate_pct": 4.26,
      "secondary_education_pct": 96.64,
      "tertiary_education_pct": 34.75,
      "total_factor_productivity": 491.22,
      "trade_openness_pct": 206.7193988174883,
      "exports_gdp_pct": 93.94058868540462,
      "num_active_partners": 270,
      "num_fta_partners": 40,
      "num_wto_partners": 169,
      "num_eu_partners": 28,
      "num_shared_border_partners": 4,
      "num_shared_language_partners": 0,
      "avg_partner_distance_km": 6728.77366255144,
      "avg_partner_gdp_million_usd": 533678518.3258193,
      "avg_partner_gdp_per_capita_usd": 15.774186170212769,
      "avg_buyer_biz_entry_days": null,
      "avg_buyer_biz_entry_cost_pct": null,
      "pct_partners_with_fta": 14.814814814814813,
      "pct_partners_shared_language": 0,
      "pct_partners_shared_border": 1.4814814814814816,
      "avg_applied_tariff_pct": 0.10736183232392661,
      "avg_mfn_tariff_pct": 0.11240423987581484,
      "avg_preferential_tariff_pct": 0.023572679452022342,
      "tariff_advantage_pp": 0.0888315604237925,
      "avg_distance_all_partners_km": 6774.321195228668,
      "num_border_partners": 100,
      "num_colonial_partners": 50,
      "avg_substitution_elasticity": -9.402461474106847,
      "pct_products_high_elasticity": 70.2838063439065,
      "pct_products_low_elasticity": 3.4390651085141903,
      "real_market_potential": 10581208.34329053,
      "foreign_market_potential": 345494.9209063777
    },
    "countryMap": {}
  },
  "product": {
    "hs_code": "040640",
    "hs_description": "Dairy produce: cheese, blue-veined and other cheese containing veins produced by Penicillium roqueforti (not grated, powdered or processed)",
    "hs_chapter": 4,
    "hs_heading": 406
  },
  "destinations": [
    {
      "hs_code": 40640,
      "corridor_rank": 19,
      "exporter_iso3": "ARM",
      "importer_iso3": "RUS",
      "latest_data_year": 2024,
      "lane_data_years": 12,
      "exports_latest_observed_usd": 9463856.2,
      "exports_all_year_avg_usd": 2845411.578283829,
      "exports_avg_3y_usd": 6972410.153333333,
      "exports_avg_5y_usd": 6107638.586036799,
      "exports_avg_10y_usd": 3413925.3397535244,
      "exports_cagr_3y_pct": 13.196074793955992,
      "exports_cagr_5y_pct": 55.04572126471024,
      "exports_cagr_10y_pct": 146.6581519208995,
      "exports_historical_peak_usd": 9463856.2,
      "buyer_imports_latest_observed_usd": 13561711.876680482,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 63.63636363636363,
      "trend_acceleration_pct": -133.4620771269435,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 0.3611,
      "buyer_yoy_all_avg_pct": 16.4444,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 69.78364004527488,
      "market_share_change_1y_pp": 23.04791952084223,
      "peer_best_share_pct": 69.78364004527488,
      "peer_top_exporter": "ARM",
      "supplier_count_latest": 6,
      "buyer_market_hhi": 5675.16,
      "distance_km": 1803.0347900390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07035569977164752,
      "tariff_advantage_pp": 0.11425769714942527,
      "volatility_cv": 1.0829160780507223,
      "max_drawdown_pct": 75.04947966324589,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 40640,
    "num_markets": 4,
    "highest_price_importer_iso3": "BLR",
    "highest_price_usd_per_ton": 15411.934805467929,
    "lowest_price_importer_iso3": "RUS",
    "lowest_price_usd_per_ton": 2687.4426153764134,
    "median_price_across_markets": 8536.140252279256,
    "price_spread_pct": 149.06610967051432,
    "avg_quantity_metric_tons": 201.7711111111111,
    "total_trade_value_usd": 16585888
  },
  "history": [
    {
      "year": 2003,
      "export_value_usd": 2735.6115729952985,
      "active_destinations": 1
    },
    {
      "year": 2011,
      "export_value_usd": 4550.234649187808,
      "active_destinations": 1,
      "yoy_growth_pct": 66.33336011974929
    },
    {
      "year": 2012,
      "export_value_usd": 1135.3072215156365,
      "active_destinations": 1,
      "yoy_growth_pct": -75.04947966324589
    },
    {
      "year": 2013,
      "export_value_usd": 8894.149487976001,
      "active_destinations": 1,
      "yoy_growth_pct": 683.4134513918004
    },
    {
      "year": 2015,
      "export_value_usd": 461577.15529827477,
      "active_destinations": 1,
      "yoy_growth_pct": 5089.671659131442
    },
    {
      "year": 2016,
      "export_value_usd": 615978.1220705692,
      "active_destinations": 2,
      "yoy_growth_pct": 33.450738408515754
    },
    {
      "year": 2017,
      "export_value_usd": 350482.3463141246,
      "active_destinations": 2,
      "yoy_growth_pct": -43.101494394638294
    },
    {
      "year": 2018,
      "export_value_usd": 1122034.1201870048,
      "active_destinations": 1,
      "yoy_growth_pct": 220.13998193831034
    },
    {
      "year": 2019,
      "export_value_usd": 1056273.2634438348,
      "active_destinations": 2,
      "yoy_growth_pct": -5.860860695770095
    },
    {
      "year": 2020,
      "export_value_usd": 3096099.8390769535,
      "active_destinations": 2,
      "yoy_growth_pct": 193.11542251694814
    },
    {
      "year": 2021,
      "export_value_usd": 6524902.558248209,
      "active_destinations": 1,
      "yoy_growth_pct": 110.74587052701412
    },
    {
      "year": 2022,
      "export_value_usd": 5138017.64,
      "active_destinations": 1,
      "yoy_growth_pct": -21.255258693404258
    },
    {
      "year": 2023,
      "export_value_usd": 6359787.8395495415,
      "active_destinations": 2,
      "yoy_growth_pct": 23.77901916953212
    },
    {
      "year": 2024,
      "export_value_usd": 9463959.240978427,
      "active_destinations": 2,
      "yoy_growth_pct": 48.80935464741465
    }
  ],
  "economy": {
    "year": 2024,
    "country_iso3": "ARM",
    "exports_usd": 13172706319.704441,
    "imports_usd": 15814273316.199276,
    "trade_balance_usd": -2641566996.494835,
    "yoy_exports_growth_pct": 50.95638008391632,
    "yoy_imports_growth_pct": 46.124865981023746,
    "exports_cagr_3y_pct": 57.64236379460706,
    "imports_cagr_3y_pct": 39.7268959336502,
    "export_partner_hhi": 2687.4781852920996,
    "export_product_hhi": 2196.793131884094,
    "momentum_score": 52.962175197123535,
    "risk_score": 24.421356585880968,
    "gdp_million_usd": 25955.275380032082,
    "gdp_per_capita_usd": 8556.214069567193,
    "population": 3033500,
    "labor_force": 1288.02,
    "investment_rate_pct": 25.94,
    "savings_rate_pct": 4.26,
    "secondary_education_pct": 96.64,
    "tertiary_education_pct": 34.75,
    "total_factor_productivity": 491.22,
    "trade_openness_pct": 206.7193988174883,
    "exports_gdp_pct": 93.94058868540462,
    "num_active_partners": 270,
    "num_fta_partners": 40,
    "num_wto_partners": 169,
    "num_eu_partners": 28,
    "num_shared_border_partners": 4,
    "num_shared_language_partners": 0,
    "avg_partner_distance_km": 6728.77366255144,
    "avg_partner_gdp_million_usd": 533678518.3258193,
    "avg_partner_gdp_per_capita_usd": 15.774186170212769,
    "avg_buyer_biz_entry_days": null,
    "avg_buyer_biz_entry_cost_pct": null,
    "pct_partners_with_fta": 14.814814814814813,
    "pct_partners_shared_language": 0,
    "pct_partners_shared_border": 1.4814814814814816,
    "avg_applied_tariff_pct": 0.10736183232392661,
    "avg_mfn_tariff_pct": 0.11240423987581484,
    "avg_preferential_tariff_pct": 0.023572679452022342,
    "tariff_advantage_pp": 0.0888315604237925,
    "avg_distance_all_partners_km": 6774.321195228668,
    "num_border_partners": 100,
    "num_colonial_partners": 50,
    "avg_substitution_elasticity": -9.402461474106847,
    "pct_products_high_elasticity": 70.2838063439065,
    "pct_products_low_elasticity": 3.4390651085141903,
    "real_market_potential": 10581208.34329053,
    "foreign_market_potential": 345494.9209063777
  }
}