# Armenia HS 560121 exports | Yugalinks

Explore reported HS 560121 exports from Armenia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Armenia |
| HS6 | 560121 |
| Latest exports | $1.0M |
| Active destinations | 4 |
| Three-year growth | +19.5% |
| Destination HHI | 7,275 |
| Weighted share | 2% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Kazakhstan at $16.1K / ton.
- Lowest reported market price: Russia at $654.7 / ton.
- Median reported price: $6.0K / ton.
- Price spread: 257%.

## Export history

- 2005: $1.2K
- 2008: $773.4
- 2009: $8.8K
- 2010: $17.0K
- 2011: $2.0K
- 2014: $17.0
- 2016: $6.6K
- 2017: $8.9K
- 2018: $258.1K
- 2019: $197.2K
- 2020: $493.6K
- 2021: $598.0K
- 2022: $938.7K
- 2023: $879.8K
- 2024: $1.0M

## 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/560121",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/560121",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/560121",
    "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": "560121",
    "exporter_iso3": "ARM",
    "first_data_year": 1997,
    "latest_data_year": 2024,
    "observed_lane_count": 11,
    "current_lane_count": 4,
    "active_market_count": 4,
    "exports_latest_observed_lanes_usd": 1030069.7591977818,
    "exports_current_2024_usd": 1021499.1333359056,
    "exports_avg_3y_usd": 946677.4290698143,
    "exports_avg_5y_usd": 786328.1694887665,
    "exports_avg_10y_usd": 489162.62976808246,
    "exports_cagr_3y_pct": 19.54164909186007,
    "exports_cagr_5y_pct": 38.9481350258311,
    "exports_cagr_10y_pct": 200.54131190899193,
    "exports_all_year_lane_avg_usd": 471666.2082060044,
    "exports_historical_lane_peak_usd": 1082030.3228737242,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 66.66666666666667,
    "trend_acceleration_pct": -180.99966281713185,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 872874.49,
    "top_market_share_pct": 84.73935694217396,
    "destination_hhi": 7275.214760771727,
    "weighted_share_latest_pct": 1.9850916078062264,
    "weighted_share_change_1y_pp": -0.2826417190989688,
    "weighted_volatility_cv": 0.8628815893182267,
    "weighted_max_drawdown_pct": 77.11862510145286,
    "limited_history_lane_share_pct": 72.72727272727273,
    "data_freshness_years": 0,
    "coverage_score": 58.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 560121,
      "hs_description": "Wadding: other articles thereof, of cotton",
      "hs_chapter": 56,
      "hs_heading": 5601,
      "substitution_elasticity": -8.4078503,
      "price_range_label": "High price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Wadding: other articles thereof, of cotton",
    "hs_chapter": 56,
    "hs_heading": 5601,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 560121,
      "num_markets": 7,
      "highest_price_importer_iso3": "KAZ",
      "highest_price_usd_per_ton": 16105.769230769232,
      "lowest_price_importer_iso3": "RUS",
      "lowest_price_usd_per_ton": 654.6795758414015,
      "median_price_across_markets": 6011.012087686949,
      "price_spread_pct": 257.04639134860645,
      "avg_quantity_metric_tons": 29.75066666666667,
      "total_trade_value_usd": 2489607
    },
    "history": [
      {
        "year": 2005,
        "export_value_usd": 1184.915425994926,
        "active_destinations": 1,
        "yoy_growth_pct": 58.16113467865948
      },
      {
        "year": 2008,
        "export_value_usd": 773.401737939821,
        "active_destinations": 1,
        "yoy_growth_pct": -34.729372158318675
      },
      {
        "year": 2009,
        "export_value_usd": 8831.483520436186,
        "active_destinations": 1,
        "yoy_growth_pct": 1041.9011733748355
      },
      {
        "year": 2010,
        "export_value_usd": 17040.034115074734,
        "active_destinations": 1,
        "yoy_growth_pct": 92.94645203882041
      },
      {
        "year": 2011,
        "export_value_usd": 2013.8380751742566,
        "active_destinations": 1,
        "yoy_growth_pct": -88.18172509764706
      },
      {
        "year": 2014,
        "export_value_usd": 16.99011130875891,
        "active_destinations": 1,
        "yoy_growth_pct": -99.15633180650391
      },
      {
        "year": 2016,
        "export_value_usd": 6583.37042852201,
        "active_destinations": 1,
        "yoy_growth_pct": 38648.24778298001
      },
      {
        "year": 2017,
        "export_value_usd": 8899.920294169104,
        "active_destinations": 2,
        "yoy_growth_pct": 35.18790095132422
      },
      {
        "year": 2018,
        "export_value_usd": 258108.8859057704,
        "active_destinations": 2,
        "yoy_growth_pct": 2800.1258143275027
      },
      {
        "year": 2019,
        "export_value_usd": 197230.64384044847,
        "active_destinations": 4,
        "yoy_growth_pct": -23.58626354597772
      },
      {
        "year": 2020,
        "export_value_usd": 493637.3508478226,
        "active_destinations": 4,
        "yoy_growth_pct": 150.28430736511467
      },
      {
        "year": 2021,
        "export_value_usd": 597971.209386567,
        "active_destinations": 4,
        "yoy_growth_pct": 21.13573017915903
      },
      {
        "year": 2022,
        "export_value_usd": 938728.6947675508,
        "active_destinations": 3,
        "yoy_growth_pct": 56.985600649662096
      },
      {
        "year": 2023,
        "export_value_usd": 879804.4591059862,
        "active_destinations": 6,
        "yoy_growth_pct": -6.277025086162463
      },
      {
        "year": 2024,
        "export_value_usd": 1021499.1333359056,
        "active_destinations": 4,
        "yoy_growth_pct": 16.105246201400544
      }
    ],
    "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": "560121",
    "hs_description": "Wadding: other articles thereof, of cotton",
    "hs_chapter": 56,
    "hs_heading": 5601
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 560121,
    "num_markets": 7,
    "highest_price_importer_iso3": "KAZ",
    "highest_price_usd_per_ton": 16105.769230769232,
    "lowest_price_importer_iso3": "RUS",
    "lowest_price_usd_per_ton": 654.6795758414015,
    "median_price_across_markets": 6011.012087686949,
    "price_spread_pct": 257.04639134860645,
    "avg_quantity_metric_tons": 29.75066666666667,
    "total_trade_value_usd": 2489607
  },
  "history": [
    {
      "year": 2005,
      "export_value_usd": 1184.915425994926,
      "active_destinations": 1,
      "yoy_growth_pct": 58.16113467865948
    },
    {
      "year": 2008,
      "export_value_usd": 773.401737939821,
      "active_destinations": 1,
      "yoy_growth_pct": -34.729372158318675
    },
    {
      "year": 2009,
      "export_value_usd": 8831.483520436186,
      "active_destinations": 1,
      "yoy_growth_pct": 1041.9011733748355
    },
    {
      "year": 2010,
      "export_value_usd": 17040.034115074734,
      "active_destinations": 1,
      "yoy_growth_pct": 92.94645203882041
    },
    {
      "year": 2011,
      "export_value_usd": 2013.8380751742566,
      "active_destinations": 1,
      "yoy_growth_pct": -88.18172509764706
    },
    {
      "year": 2014,
      "export_value_usd": 16.99011130875891,
      "active_destinations": 1,
      "yoy_growth_pct": -99.15633180650391
    },
    {
      "year": 2016,
      "export_value_usd": 6583.37042852201,
      "active_destinations": 1,
      "yoy_growth_pct": 38648.24778298001
    },
    {
      "year": 2017,
      "export_value_usd": 8899.920294169104,
      "active_destinations": 2,
      "yoy_growth_pct": 35.18790095132422
    },
    {
      "year": 2018,
      "export_value_usd": 258108.8859057704,
      "active_destinations": 2,
      "yoy_growth_pct": 2800.1258143275027
    },
    {
      "year": 2019,
      "export_value_usd": 197230.64384044847,
      "active_destinations": 4,
      "yoy_growth_pct": -23.58626354597772
    },
    {
      "year": 2020,
      "export_value_usd": 493637.3508478226,
      "active_destinations": 4,
      "yoy_growth_pct": 150.28430736511467
    },
    {
      "year": 2021,
      "export_value_usd": 597971.209386567,
      "active_destinations": 4,
      "yoy_growth_pct": 21.13573017915903
    },
    {
      "year": 2022,
      "export_value_usd": 938728.6947675508,
      "active_destinations": 3,
      "yoy_growth_pct": 56.985600649662096
    },
    {
      "year": 2023,
      "export_value_usd": 879804.4591059862,
      "active_destinations": 6,
      "yoy_growth_pct": -6.277025086162463
    },
    {
      "year": 2024,
      "export_value_usd": 1021499.1333359056,
      "active_destinations": 4,
      "yoy_growth_pct": 16.105246201400544
    }
  ],
  "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
  }
}
```