# Armenia HS 040900 exports | Yugalinks

Explore reported HS 040900 exports from Armenia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Armenia |
| HS6 | 040900 |
| Latest exports | $2.4M |
| Active destinations | 11 |
| Three-year growth | -44.8% |
| Destination HHI | 6,431 |
| Weighted share | 77% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Benin at $86.0K / ton.
- Lowest reported market price: Kuwait at $1.4K / ton.
- Median reported price: $12.1K / ton.
- Price spread: 701.4%.

## Export history

- 2010: $49.8K
- 2011: $124.4K
- 2012: $69.6K
- 2013: $94.2K
- 2014: $71.6K
- 2015: $124.5K
- 2016: $149.8K
- 2017: $284.2K
- 2018: $193.9K
- 2019: $206.7K
- 2020: $123.9K
- 2021: $2.2M
- 2022: $341.3K
- 2023: $722.2K
- 2024: $371.6K

## Methods

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.

Missing values are shown as Not reported and are not imputed.

## Complete structured values

```json
{
  "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/040900",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/040900",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/040900",
    "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": "040900",
    "exporter_iso3": "ARM",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 55,
    "current_lane_count": 11,
    "active_market_count": 11,
    "exports_latest_observed_lanes_usd": 2388134.2943805424,
    "exports_current_2024_usd": 371644.13415976684,
    "exports_avg_3y_usd": 478380.79344890197,
    "exports_avg_5y_usd": 752681.3701174406,
    "exports_avg_10y_usd": 472247.0224780096,
    "exports_cagr_3y_pct": -44.75617615766443,
    "exports_cagr_5y_pct": 12.453274238609469,
    "exports_cagr_10y_pct": 17.897997561608705,
    "exports_all_year_lane_avg_usd": 2145018.708068169,
    "exports_historical_lane_peak_usd": 2863293.0147127314,
    "historical_peak_year": 2021,
    "positive_growth_year_share_pct": 55.55555555555556,
    "trend_acceleration_pct": -62.65417371927313,
    "trend_label": "Rapid decline",
    "top_market_iso3": "SUR",
    "top_market_exports_usd": 1880785.722444922,
    "top_market_share_pct": 78.7554421403583,
    "destination_hhi": 6430.6884719968775,
    "weighted_share_latest_pct": 77.0115491489091,
    "weighted_share_change_1y_pp": 76.93987330428784,
    "weighted_volatility_cv": 0.24828030027255227,
    "weighted_max_drawdown_pct": 19.28093497662508,
    "limited_history_lane_share_pct": 80,
    "data_freshness_years": 0,
    "coverage_score": 75.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 40900,
      "hs_description": "Honey: natural",
      "hs_chapter": 4,
      "hs_heading": 409,
      "substitution_elasticity": -3.9789848,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Honey: natural",
    "hs_chapter": 4,
    "hs_heading": 409,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 40900,
      "num_markets": 21,
      "highest_price_importer_iso3": "BEN",
      "highest_price_usd_per_ton": 86000,
      "lowest_price_importer_iso3": "KWT",
      "lowest_price_usd_per_ton": 1428.5714285714287,
      "median_price_across_markets": 12058.201058201059,
      "price_spread_pct": 701.3602457218077,
      "avg_quantity_metric_tons": 5.737531914893617,
      "total_trade_value_usd": 1620287
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 49825.36906232373,
        "active_destinations": 34,
        "yoy_growth_pct": 207.811686403812
      },
      {
        "year": 2011,
        "export_value_usd": 124414.56700364592,
        "active_destinations": 4,
        "yoy_growth_pct": 149.701245259263
      },
      {
        "year": 2012,
        "export_value_usd": 69581.98494799565,
        "active_destinations": 3,
        "yoy_growth_pct": -44.072477505020316
      },
      {
        "year": 2013,
        "export_value_usd": 94175.07023587899,
        "active_destinations": 3,
        "yoy_growth_pct": 35.34404099892203
      },
      {
        "year": 2014,
        "export_value_usd": 71624.72931295013,
        "active_destinations": 8,
        "yoy_growth_pct": -23.945127799158872
      },
      {
        "year": 2015,
        "export_value_usd": 124490.95977431993,
        "active_destinations": 7,
        "yoy_growth_pct": 73.81002478959637
      },
      {
        "year": 2016,
        "export_value_usd": 149771.32412111113,
        "active_destinations": 10,
        "yoy_growth_pct": 20.306988067744058
      },
      {
        "year": 2017,
        "export_value_usd": 284245.95737812377,
        "active_destinations": 13,
        "yoy_growth_pct": 89.78663575696976
      },
      {
        "year": 2018,
        "export_value_usd": 193890.2162881669,
        "active_destinations": 13,
        "yoy_growth_pct": -31.787871997686622
      },
      {
        "year": 2019,
        "export_value_usd": 206664.91663117026,
        "active_destinations": 10,
        "yoy_growth_pct": 6.588625557061173
      },
      {
        "year": 2020,
        "export_value_usd": 123937.12982878427,
        "active_destinations": 7,
        "yoy_growth_pct": -40.029913229069365
      },
      {
        "year": 2021,
        "export_value_usd": 2204327.3404117133,
        "active_destinations": 12,
        "yoy_growth_pct": 1678.5851128365898
      },
      {
        "year": 2022,
        "export_value_usd": 341288.7510779751,
        "active_destinations": 11,
        "yoy_growth_pct": -84.51732894560791
      },
      {
        "year": 2023,
        "export_value_usd": 722209.4951089638,
        "active_destinations": 12,
        "yoy_growth_pct": 111.61245216194038
      },
      {
        "year": 2024,
        "export_value_usd": 371644.13415976684,
        "active_destinations": 11,
        "yoy_growth_pct": -48.54067459973026
      }
    ],
    "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": "040900",
    "hs_description": "Honey: natural",
    "hs_chapter": 4,
    "hs_heading": 409
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 40900,
    "num_markets": 21,
    "highest_price_importer_iso3": "BEN",
    "highest_price_usd_per_ton": 86000,
    "lowest_price_importer_iso3": "KWT",
    "lowest_price_usd_per_ton": 1428.5714285714287,
    "median_price_across_markets": 12058.201058201059,
    "price_spread_pct": 701.3602457218077,
    "avg_quantity_metric_tons": 5.737531914893617,
    "total_trade_value_usd": 1620287
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 49825.36906232373,
      "active_destinations": 34,
      "yoy_growth_pct": 207.811686403812
    },
    {
      "year": 2011,
      "export_value_usd": 124414.56700364592,
      "active_destinations": 4,
      "yoy_growth_pct": 149.701245259263
    },
    {
      "year": 2012,
      "export_value_usd": 69581.98494799565,
      "active_destinations": 3,
      "yoy_growth_pct": -44.072477505020316
    },
    {
      "year": 2013,
      "export_value_usd": 94175.07023587899,
      "active_destinations": 3,
      "yoy_growth_pct": 35.34404099892203
    },
    {
      "year": 2014,
      "export_value_usd": 71624.72931295013,
      "active_destinations": 8,
      "yoy_growth_pct": -23.945127799158872
    },
    {
      "year": 2015,
      "export_value_usd": 124490.95977431993,
      "active_destinations": 7,
      "yoy_growth_pct": 73.81002478959637
    },
    {
      "year": 2016,
      "export_value_usd": 149771.32412111113,
      "active_destinations": 10,
      "yoy_growth_pct": 20.306988067744058
    },
    {
      "year": 2017,
      "export_value_usd": 284245.95737812377,
      "active_destinations": 13,
      "yoy_growth_pct": 89.78663575696976
    },
    {
      "year": 2018,
      "export_value_usd": 193890.2162881669,
      "active_destinations": 13,
      "yoy_growth_pct": -31.787871997686622
    },
    {
      "year": 2019,
      "export_value_usd": 206664.91663117026,
      "active_destinations": 10,
      "yoy_growth_pct": 6.588625557061173
    },
    {
      "year": 2020,
      "export_value_usd": 123937.12982878427,
      "active_destinations": 7,
      "yoy_growth_pct": -40.029913229069365
    },
    {
      "year": 2021,
      "export_value_usd": 2204327.3404117133,
      "active_destinations": 12,
      "yoy_growth_pct": 1678.5851128365898
    },
    {
      "year": 2022,
      "export_value_usd": 341288.7510779751,
      "active_destinations": 11,
      "yoy_growth_pct": -84.51732894560791
    },
    {
      "year": 2023,
      "export_value_usd": 722209.4951089638,
      "active_destinations": 12,
      "yoy_growth_pct": 111.61245216194038
    },
    {
      "year": 2024,
      "export_value_usd": 371644.13415976684,
      "active_destinations": 11,
      "yoy_growth_pct": -48.54067459973026
    }
  ],
  "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,
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    "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
  }
}
```