{
  "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/220820",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/220820",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/220820",
    "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": "220820",
    "exporter_iso3": "ARM",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 96,
    "current_lane_count": 53,
    "active_market_count": 53,
    "exports_latest_observed_lanes_usd": 310007801.1187492,
    "exports_current_2024_usd": 309625448.1976978,
    "exports_avg_3y_usd": 290467588.34758466,
    "exports_avg_5y_usd": 257012519.84069866,
    "exports_avg_10y_usd": 213344353.3928396,
    "exports_cagr_3y_pct": 10.455397150791445,
    "exports_cagr_5y_pct": 4.893542912205873,
    "exports_cagr_10y_pct": 7.329157888282545,
    "exports_all_year_lane_avg_usd": 126379018.74016505,
    "exports_historical_lane_peak_usd": 337607843.65932274,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 68.96551724137932,
    "trend_acceleration_pct": 3.1262392625089,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 259723173.11,
    "top_market_share_pct": 83.77956044096854,
    "destination_hhi": 7063.535823421938,
    "weighted_share_latest_pct": 47.86310114035027,
    "weighted_share_change_1y_pp": 2.8385295569619067,
    "weighted_volatility_cv": 0.7506508114815396,
    "weighted_max_drawdown_pct": 65.01955597242308,
    "limited_history_lane_share_pct": 39.583333333333336,
    "data_freshness_years": 0,
    "coverage_score": 100,
    "confidence_label": "High",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 220820,
      "hs_description": "Spirits obtained by distilling grape wine or grape marc",
      "hs_chapter": 22,
      "hs_heading": 2208,
      "substitution_elasticity": -6.3772092,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Spirits obtained by distilling grape wine or grape marc",
    "hs_chapter": 22,
    "hs_heading": 2208,
    "destinations": [
      {
        "hs_code": 220820,
        "corridor_rank": 4,
        "exporter_iso3": "ARM",
        "importer_iso3": "RUS",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 259723173.11,
        "exports_all_year_avg_usd": 99126472.28033186,
        "exports_avg_3y_usd": 241839307.41666666,
        "exports_avg_5y_usd": 209402617.89948472,
        "exports_avg_10y_usd": 176352363.56821114,
        "exports_cagr_3y_pct": 14.252767177436931,
        "exports_cagr_5y_pct": 4.8655558093325,
        "exports_cagr_10y_pct": 7.39407459717818,
        "exports_historical_peak_usd": 259723173.11,
        "buyer_imports_latest_observed_usd": 492353088.5491008,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": 6.858692580258752,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 2.5097,
        "buyer_yoy_all_avg_pct": 13.2858,
        "buyer_trend_consistency_pct": 79.3103,
        "market_share_latest_pct": 52.75140527205174,
        "market_share_change_1y_pp": 2.6479956662705533,
        "peer_best_share_pct": 52.751405272051755,
        "peer_top_exporter": "ARM",
        "supplier_count_latest": 33,
        "buyer_market_hhi": 3755.78,
        "distance_km": 1803.0347900390625,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07035569977164752,
        "tariff_advantage_pp": 0.11425769714942527,
        "volatility_cv": 0.7347780309145717,
        "max_drawdown_pct": 65.78654332680169,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 220820,
        "corridor_rank": 45,
        "exporter_iso3": "ARM",
        "importer_iso3": "BLR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 17297542.89,
        "exports_all_year_avg_usd": 4789381.918127946,
        "exports_avg_3y_usd": 13661155.333457334,
        "exports_avg_5y_usd": 13719472.776554203,
        "exports_avg_10y_usd": 9853599.914649596,
        "exports_cagr_3y_pct": -0.07608033768329303,
        "exports_cagr_5y_pct": 11.437229321626386,
        "exports_cagr_10y_pct": 10.066821732359955,
        "exports_historical_peak_usd": 17337083.126552217,
        "buyer_imports_latest_observed_usd": 47604946.762979284,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 72.41379310344827,
        "trend_acceleration_pct": -10.142902070043249,
        "trend_label": "Stable",
        "buyer_yoy_latest_pct": 13.7954,
        "buyer_yoy_all_avg_pct": 11.7874,
        "buyer_trend_consistency_pct": 72.4138,
        "market_share_latest_pct": 36.335599693290064,
        "market_share_change_1y_pp": 5.306247445716757,
        "peer_best_share_pct": 36.335599693290064,
        "peer_top_exporter": "ARM",
        "supplier_count_latest": 25,
        "buyer_market_hhi": 2515.09,
        "distance_km": 1983.9395751953125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.07955144811762453,
        "tariff_advantage_pp": 0.11173942278911114,
        "volatility_cv": 0.9958455988619171,
        "max_drawdown_pct": 51.29379887080048,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 220820,
        "corridor_rank": 74,
        "exporter_iso3": "ARM",
        "importer_iso3": "UKR",
        "latest_data_year": 2024,
        "lane_data_years": 30,
        "exports_latest_observed_usd": 7552268.483560335,
        "exports_all_year_avg_usd": 5861769.880400348,
        "exports_avg_3y_usd": 8193419.616969851,
        "exports_avg_5y_usd": 10251163.246032823,
        "exports_avg_10y_usd": 8541335.738118157,
        "exports_cagr_3y_pct": -20.589539721599117,
        "exports_cagr_5y_pct": -8.192068789540519,
        "exports_cagr_10y_pct": 1.6722282693305779,
        "exports_historical_peak_usd": 15081491.056866916,
        "buyer_imports_latest_observed_usd": 69509059.64835301,
        "historical_peak_year": 2021,
        "positive_growth_year_share_pct": 68.96551724137932,
        "trend_acceleration_pct": -22.261767990929695,
        "trend_label": "Rapid decline",
        "buyer_yoy_latest_pct": -10.6127,
        "buyer_yoy_all_avg_pct": 30.4193,
        "buyer_trend_consistency_pct": 58.6207,
        "market_share_latest_pct": 10.865157033870595,
        "market_share_change_1y_pp": -0.5858260797556856,
        "peer_best_share_pct": 39.14338925907736,
        "peer_top_exporter": "MDA",
        "supplier_count_latest": 34,
        "buyer_market_hhi": 2741.35,
        "distance_km": 1575.587158203125,
        "has_reported_fta": 1,
        "applied_tariff_pct": 0.040617529432291195,
        "tariff_advantage_pp": 0.06739184083655174,
        "volatility_cv": 0.677804798296777,
        "max_drawdown_pct": 72.82792155705039,
        "attention_level": "Watch",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market']",
        "signal_flag": "Growing",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 220820,
        "corridor_rank": 86,
        "exporter_iso3": "ARM",
        "importer_iso3": "WXD",
        "latest_data_year": 2024,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 5552874.82,
        "exports_all_year_avg_usd": 5609077.453333333,
        "exports_avg_3y_usd": 5609077.453333333,
        "exports_avg_5y_usd": 5609077.453333333,
        "exports_avg_10y_usd": 5609077.453333333,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 6067019.88,
        "buyer_imports_latest_observed_usd": 11259446.276924321,
        "historical_peak_year": 2023,
        "positive_growth_year_share_pct": 50,
        "trend_acceleration_pct": null,
        "trend_label": "Insufficient history",
        "buyer_yoy_latest_pct": -27.3381,
        "buyer_yoy_all_avg_pct": 12.3764,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 49.31747692939699,
        "market_share_change_1y_pp": 10.164445544369464,
        "peer_best_share_pct": 49.31747692939699,
        "peer_top_exporter": "ARM",
        "supplier_count_latest": 27,
        "buyer_market_hhi": 3681.89,
        "distance_km": null,
        "has_reported_fta": null,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.0629705467507661,
        "max_drawdown_pct": 8.474425173632357,
        "attention_level": "High attention",
        "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
        "risk_driver_labels": "['concentrated_buyer_market','limited_history']",
        "signal_flag": "Growing",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 220820,
      "num_markets": 74,
      "highest_price_importer_iso3": "JOR",
      "highest_price_usd_per_ton": 787187.5,
      "lowest_price_importer_iso3": "ISR",
      "lowest_price_usd_per_ton": 178.68916823921734,
      "median_price_across_markets": 6736.048990511223,
      "price_spread_pct": 11683.537514949574,
      "avg_quantity_metric_tons": 1637.2878060836506,
      "total_trade_value_usd": 1194116680
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 92650279.66229972,
        "active_destinations": 42,
        "yoy_growth_pct": 32.88668035226221
      },
      {
        "year": 2011,
        "export_value_usd": 119309139.9960547,
        "active_destinations": 42,
        "yoy_growth_pct": 28.773642595493122
      },
      {
        "year": 2012,
        "export_value_usd": 156525372.26330712,
        "active_destinations": 47,
        "yoy_growth_pct": 31.193110828292863
      },
      {
        "year": 2013,
        "export_value_usd": 178961898.48421648,
        "active_destinations": 42,
        "yoy_growth_pct": 14.33411458889017
      },
      {
        "year": 2014,
        "export_value_usd": 152636862.20613244,
        "active_destinations": 47,
        "yoy_growth_pct": -14.709855282634795
      },
      {
        "year": 2015,
        "export_value_usd": 85871651.76023936,
        "active_destinations": 44,
        "yoy_growth_pct": -43.741210007139856
      },
      {
        "year": 2016,
        "export_value_usd": 137670484.1077233,
        "active_destinations": 52,
        "yoy_growth_pct": 60.32122509080236
      },
      {
        "year": 2017,
        "export_value_usd": 194740376.83081,
        "active_destinations": 49,
        "yoy_growth_pct": 41.453978383944026
      },
      {
        "year": 2018,
        "export_value_usd": 186265200.9884331,
        "active_destinations": 54,
        "yoy_growth_pct": -4.352038329339441
      },
      {
        "year": 2019,
        "export_value_usd": 243833221.037697,
        "active_destinations": 55,
        "yoy_growth_pct": 30.90648158849533
      },
      {
        "year": 2020,
        "export_value_usd": 183899092.92329407,
        "active_destinations": 56,
        "yoy_growth_pct": -24.579968168134485
      },
      {
        "year": 2021,
        "export_value_usd": 229760741.2374454,
        "active_destinations": 59,
        "yoy_growth_pct": 24.93848533188831
      },
      {
        "year": 2022,
        "export_value_usd": 270975992.8735376,
        "active_destinations": 57,
        "yoy_growth_pct": 17.938335075920754
      },
      {
        "year": 2023,
        "export_value_usd": 290801323.9715184,
        "active_destinations": 56,
        "yoy_growth_pct": 7.316268458967554
      },
      {
        "year": 2024,
        "export_value_usd": 309625448.1976978,
        "active_destinations": 53,
        "yoy_growth_pct": 6.4731906887821085
      }
    ],
    "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": "220820",
    "hs_description": "Spirits obtained by distilling grape wine or grape marc",
    "hs_chapter": 22,
    "hs_heading": 2208
  },
  "destinations": [
    {
      "hs_code": 220820,
      "corridor_rank": 4,
      "exporter_iso3": "ARM",
      "importer_iso3": "RUS",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 259723173.11,
      "exports_all_year_avg_usd": 99126472.28033186,
      "exports_avg_3y_usd": 241839307.41666666,
      "exports_avg_5y_usd": 209402617.89948472,
      "exports_avg_10y_usd": 176352363.56821114,
      "exports_cagr_3y_pct": 14.252767177436931,
      "exports_cagr_5y_pct": 4.8655558093325,
      "exports_cagr_10y_pct": 7.39407459717818,
      "exports_historical_peak_usd": 259723173.11,
      "buyer_imports_latest_observed_usd": 492353088.5491008,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": 6.858692580258752,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 2.5097,
      "buyer_yoy_all_avg_pct": 13.2858,
      "buyer_trend_consistency_pct": 79.3103,
      "market_share_latest_pct": 52.75140527205174,
      "market_share_change_1y_pp": 2.6479956662705533,
      "peer_best_share_pct": 52.751405272051755,
      "peer_top_exporter": "ARM",
      "supplier_count_latest": 33,
      "buyer_market_hhi": 3755.78,
      "distance_km": 1803.0347900390625,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07035569977164752,
      "tariff_advantage_pp": 0.11425769714942527,
      "volatility_cv": 0.7347780309145717,
      "max_drawdown_pct": 65.78654332680169,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','dominant_supplier']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 220820,
      "corridor_rank": 45,
      "exporter_iso3": "ARM",
      "importer_iso3": "BLR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 17297542.89,
      "exports_all_year_avg_usd": 4789381.918127946,
      "exports_avg_3y_usd": 13661155.333457334,
      "exports_avg_5y_usd": 13719472.776554203,
      "exports_avg_10y_usd": 9853599.914649596,
      "exports_cagr_3y_pct": -0.07608033768329303,
      "exports_cagr_5y_pct": 11.437229321626386,
      "exports_cagr_10y_pct": 10.066821732359955,
      "exports_historical_peak_usd": 17337083.126552217,
      "buyer_imports_latest_observed_usd": 47604946.762979284,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 72.41379310344827,
      "trend_acceleration_pct": -10.142902070043249,
      "trend_label": "Stable",
      "buyer_yoy_latest_pct": 13.7954,
      "buyer_yoy_all_avg_pct": 11.7874,
      "buyer_trend_consistency_pct": 72.4138,
      "market_share_latest_pct": 36.335599693290064,
      "market_share_change_1y_pp": 5.306247445716757,
      "peer_best_share_pct": 36.335599693290064,
      "peer_top_exporter": "ARM",
      "supplier_count_latest": 25,
      "buyer_market_hhi": 2515.09,
      "distance_km": 1983.9395751953125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.07955144811762453,
      "tariff_advantage_pp": 0.11173942278911114,
      "volatility_cv": 0.9958455988619171,
      "max_drawdown_pct": 51.29379887080048,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 220820,
      "corridor_rank": 74,
      "exporter_iso3": "ARM",
      "importer_iso3": "UKR",
      "latest_data_year": 2024,
      "lane_data_years": 30,
      "exports_latest_observed_usd": 7552268.483560335,
      "exports_all_year_avg_usd": 5861769.880400348,
      "exports_avg_3y_usd": 8193419.616969851,
      "exports_avg_5y_usd": 10251163.246032823,
      "exports_avg_10y_usd": 8541335.738118157,
      "exports_cagr_3y_pct": -20.589539721599117,
      "exports_cagr_5y_pct": -8.192068789540519,
      "exports_cagr_10y_pct": 1.6722282693305779,
      "exports_historical_peak_usd": 15081491.056866916,
      "buyer_imports_latest_observed_usd": 69509059.64835301,
      "historical_peak_year": 2021,
      "positive_growth_year_share_pct": 68.96551724137932,
      "trend_acceleration_pct": -22.261767990929695,
      "trend_label": "Rapid decline",
      "buyer_yoy_latest_pct": -10.6127,
      "buyer_yoy_all_avg_pct": 30.4193,
      "buyer_trend_consistency_pct": 58.6207,
      "market_share_latest_pct": 10.865157033870595,
      "market_share_change_1y_pp": -0.5858260797556856,
      "peer_best_share_pct": 39.14338925907736,
      "peer_top_exporter": "MDA",
      "supplier_count_latest": 34,
      "buyer_market_hhi": 2741.35,
      "distance_km": 1575.587158203125,
      "has_reported_fta": 1,
      "applied_tariff_pct": 0.040617529432291195,
      "tariff_advantage_pp": 0.06739184083655174,
      "volatility_cv": 0.677804798296777,
      "max_drawdown_pct": 72.82792155705039,
      "attention_level": "Watch",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market']",
      "signal_flag": "Growing",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 220820,
      "corridor_rank": 86,
      "exporter_iso3": "ARM",
      "importer_iso3": "WXD",
      "latest_data_year": 2024,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 5552874.82,
      "exports_all_year_avg_usd": 5609077.453333333,
      "exports_avg_3y_usd": 5609077.453333333,
      "exports_avg_5y_usd": 5609077.453333333,
      "exports_avg_10y_usd": 5609077.453333333,
      "exports_cagr_3y_pct": null,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 6067019.88,
      "buyer_imports_latest_observed_usd": 11259446.276924321,
      "historical_peak_year": 2023,
      "positive_growth_year_share_pct": 50,
      "trend_acceleration_pct": null,
      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": -27.3381,
      "buyer_yoy_all_avg_pct": 12.3764,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 49.31747692939699,
      "market_share_change_1y_pp": 10.164445544369464,
      "peer_best_share_pct": 49.31747692939699,
      "peer_top_exporter": "ARM",
      "supplier_count_latest": 27,
      "buyer_market_hhi": 3681.89,
      "distance_km": null,
      "has_reported_fta": null,
      "applied_tariff_pct": null,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.0629705467507661,
      "max_drawdown_pct": 8.474425173632357,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": "['concentrated_buyer_market','limited_history']",
      "signal_flag": "Growing",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 220820,
    "num_markets": 74,
    "highest_price_importer_iso3": "JOR",
    "highest_price_usd_per_ton": 787187.5,
    "lowest_price_importer_iso3": "ISR",
    "lowest_price_usd_per_ton": 178.68916823921734,
    "median_price_across_markets": 6736.048990511223,
    "price_spread_pct": 11683.537514949574,
    "avg_quantity_metric_tons": 1637.2878060836506,
    "total_trade_value_usd": 1194116680
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 92650279.66229972,
      "active_destinations": 42,
      "yoy_growth_pct": 32.88668035226221
    },
    {
      "year": 2011,
      "export_value_usd": 119309139.9960547,
      "active_destinations": 42,
      "yoy_growth_pct": 28.773642595493122
    },
    {
      "year": 2012,
      "export_value_usd": 156525372.26330712,
      "active_destinations": 47,
      "yoy_growth_pct": 31.193110828292863
    },
    {
      "year": 2013,
      "export_value_usd": 178961898.48421648,
      "active_destinations": 42,
      "yoy_growth_pct": 14.33411458889017
    },
    {
      "year": 2014,
      "export_value_usd": 152636862.20613244,
      "active_destinations": 47,
      "yoy_growth_pct": -14.709855282634795
    },
    {
      "year": 2015,
      "export_value_usd": 85871651.76023936,
      "active_destinations": 44,
      "yoy_growth_pct": -43.741210007139856
    },
    {
      "year": 2016,
      "export_value_usd": 137670484.1077233,
      "active_destinations": 52,
      "yoy_growth_pct": 60.32122509080236
    },
    {
      "year": 2017,
      "export_value_usd": 194740376.83081,
      "active_destinations": 49,
      "yoy_growth_pct": 41.453978383944026
    },
    {
      "year": 2018,
      "export_value_usd": 186265200.9884331,
      "active_destinations": 54,
      "yoy_growth_pct": -4.352038329339441
    },
    {
      "year": 2019,
      "export_value_usd": 243833221.037697,
      "active_destinations": 55,
      "yoy_growth_pct": 30.90648158849533
    },
    {
      "year": 2020,
      "export_value_usd": 183899092.92329407,
      "active_destinations": 56,
      "yoy_growth_pct": -24.579968168134485
    },
    {
      "year": 2021,
      "export_value_usd": 229760741.2374454,
      "active_destinations": 59,
      "yoy_growth_pct": 24.93848533188831
    },
    {
      "year": 2022,
      "export_value_usd": 270975992.8735376,
      "active_destinations": 57,
      "yoy_growth_pct": 17.938335075920754
    },
    {
      "year": 2023,
      "export_value_usd": 290801323.9715184,
      "active_destinations": 56,
      "yoy_growth_pct": 7.316268458967554
    },
    {
      "year": 2024,
      "export_value_usd": 309625448.1976978,
      "active_destinations": 53,
      "yoy_growth_pct": 6.4731906887821085
    }
  ],
  "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
  }
}