{
  "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/710812",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/710812",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/710812",
    "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": "710812",
    "exporter_iso3": "ARM",
    "first_data_year": 1997,
    "latest_data_year": 2024,
    "observed_lane_count": 17,
    "current_lane_count": 6,
    "active_market_count": 6,
    "exports_latest_observed_lanes_usd": 6166775829.619425,
    "exports_current_2024_usd": 6004746231.712165,
    "exports_avg_3y_usd": 2812668208.716638,
    "exports_avg_5y_usd": 1761967944.7870612,
    "exports_avg_10y_usd": 957102389.9097246,
    "exports_cagr_3y_pct": 263.6560999570261,
    "exports_cagr_5y_pct": 93.41500760492019,
    "exports_cagr_10y_pct": 54.19055674789235,
    "exports_all_year_lane_avg_usd": 1360845418.68768,
    "exports_historical_lane_peak_usd": 6491208898.417293,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 74.07407407407408,
    "trend_acceleration_pct": 209.46554320913373,
    "trend_label": "Rapid growth",
    "top_market_iso3": "ARE",
    "top_market_exports_usd": 4361066985.075868,
    "top_market_share_pct": 70.71875329291815,
    "destination_hhi": 5512.244052280526,
    "weighted_share_latest_pct": 4.594645505546086,
    "weighted_share_change_1y_pp": 2.374881709583699,
    "weighted_volatility_cv": 1.9397102875063743,
    "weighted_max_drawdown_pct": 88.7743155127487,
    "limited_history_lane_share_pct": 52.94117647058823,
    "data_freshness_years": 0,
    "coverage_score": 68.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 710812,
      "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)",
      "hs_chapter": 71,
      "hs_heading": 7108,
      "substitution_elasticity": -8.5809689,
      "price_range_label": "Medium price range",
      "trade_type_label": "Two-way horizontal trade"
    },
    "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)",
    "hs_chapter": 71,
    "hs_heading": 7108,
    "destinations": [
      {
        "hs_code": 710812,
        "corridor_rank": 37,
        "exporter_iso3": "ARM",
        "importer_iso3": "ARE",
        "latest_data_year": 2024,
        "lane_data_years": 11,
        "exports_latest_observed_usd": 4361066985.075868,
        "exports_all_year_avg_usd": 566744622.0639789,
        "exports_avg_3y_usd": 2061361628.4104354,
        "exports_avg_5y_usd": 1246174730.3846164,
        "exports_avg_10y_usd": 692643227.8590101,
        "exports_cagr_3y_pct": 1067.6124886192865,
        "exports_cagr_5y_pct": 547.269875139767,
        "exports_cagr_10y_pct": 153.51684318682385,
        "exports_historical_peak_usd": 4361066985.075868,
        "buyer_imports_latest_observed_usd": 80031157896.70036,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 70,
        "trend_acceleration_pct": 914.0956454324627,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 38.0848,
        "buyer_yoy_all_avg_pct": 134.2551,
        "buyer_trend_consistency_pct": 86.2069,
        "market_share_latest_pct": 5.449211406768453,
        "market_share_change_1y_pp": 2.718819243221534,
        "peer_best_share_pct": 12.964356574331918,
        "peer_top_exporter": "GIN",
        "supplier_count_latest": 111,
        "buyer_market_hhi": 520.02,
        "distance_km": 1979.161376953125,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0.05154220090038313,
        "tariff_advantage_pp": null,
        "volatility_cv": 2.2602267244132532,
        "max_drawdown_pct": 93.78044302039406,
        "attention_level": "Watch",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility']",
        "signal_flag": "Accelerating",
        "confidence_label": "High",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 710812,
        "corridor_rank": 92,
        "exporter_iso3": "ARM",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 4,
        "exports_latest_observed_usd": 1365879421.1359668,
        "exports_all_year_avg_usd": 457639418.4656988,
        "exports_avg_3y_usd": 610149488.9596497,
        "exports_avg_5y_usd": 457639418.4656987,
        "exports_avg_10y_usd": 457639418.4656987,
        "exports_cagr_3y_pct": 2221.243227982626,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 1365879421.1359668,
        "buyer_imports_latest_observed_usd": 41743878490.216095,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 66.66666666666667,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": 13.6161,
        "buyer_yoy_all_avg_pct": 44.509,
        "buyer_trend_consistency_pct": 55.1724,
        "market_share_latest_pct": 3.272047233119704,
        "market_share_change_1y_pp": 2.0076344856831705,
        "peer_best_share_pct": 32.112912335800225,
        "peer_top_exporter": "ARE",
        "supplier_count_latest": 46,
        "buyer_market_hhi": 1863.21,
        "distance_km": 6748.724609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 1.218444169495572,
        "max_drawdown_pct": 91.5585483632692,
        "attention_level": "High attention",
        "primary_risk_reason": "Trade has varied substantially across reported years",
        "risk_driver_labels": "['high_volatility','limited_history']",
        "signal_flag": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      }
    ],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 710812,
      "num_markets": 12,
      "highest_price_importer_iso3": "CHN",
      "highest_price_usd_per_ton": 67085517.24137931,
      "lowest_price_importer_iso3": "ARE",
      "lowest_price_usd_per_ton": 5666664.974619289,
      "median_price_across_markets": 47780000,
      "price_spread_pct": 128.5451072975304,
      "avg_quantity_metric_tons": 2.2175000000000007,
      "total_trade_value_usd": 2697221050
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 28201401.688116517,
        "active_destinations": 3,
        "yoy_growth_pct": -3.835382074178171
      },
      {
        "year": 2011,
        "export_value_usd": 65327475.62787111,
        "active_destinations": 3,
        "yoy_growth_pct": 131.6462009595741
      },
      {
        "year": 2012,
        "export_value_usd": 74527032.84167087,
        "active_destinations": 4,
        "yoy_growth_pct": 14.082217513200357
      },
      {
        "year": 2013,
        "export_value_usd": 71094618.22924209,
        "active_destinations": 3,
        "yoy_growth_pct": -4.605596763419772
      },
      {
        "year": 2014,
        "export_value_usd": 79052733.6491439,
        "active_destinations": 2,
        "yoy_growth_pct": 11.193695976031766
      },
      {
        "year": 2015,
        "export_value_usd": 98077438.04297553,
        "active_destinations": 3,
        "yoy_growth_pct": 24.06583999772619
      },
      {
        "year": 2016,
        "export_value_usd": 126977958.71778975,
        "active_destinations": 3,
        "yoy_growth_pct": 29.46704283012634
      },
      {
        "year": 2017,
        "export_value_usd": 141431288.35593426,
        "active_destinations": 4,
        "yoy_growth_pct": 11.382549998513703
      },
      {
        "year": 2018,
        "export_value_usd": 172855469.34197462,
        "active_destinations": 3,
        "yoy_growth_pct": 22.218691034586648
      },
      {
        "year": 2019,
        "export_value_usd": 221842020.70326635,
        "active_destinations": 3,
        "yoy_growth_pct": 28.33960160345143
      },
      {
        "year": 2020,
        "export_value_usd": 246975472.32544288,
        "active_destinations": 6,
        "yoy_growth_pct": 11.329436840910667
      },
      {
        "year": 2021,
        "export_value_usd": 124859625.45994999,
        "active_destinations": 5,
        "yoy_growth_pct": -49.444524071839496
      },
      {
        "year": 2022,
        "export_value_usd": 365904311.4841188,
        "active_destinations": 8,
        "yoy_growth_pct": 193.05254611826976
      },
      {
        "year": 2023,
        "export_value_usd": 2067354082.9536304,
        "active_destinations": 6,
        "yoy_growth_pct": 464.9985578383541
      },
      {
        "year": 2024,
        "export_value_usd": 6004746231.712165,
        "active_destinations": 6,
        "yoy_growth_pct": 190.45562544047505
      }
    ],
    "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": "710812",
    "hs_description": "Metals: gold, non-monetary, unwrought (but not powder)",
    "hs_chapter": 71,
    "hs_heading": 7108
  },
  "destinations": [
    {
      "hs_code": 710812,
      "corridor_rank": 37,
      "exporter_iso3": "ARM",
      "importer_iso3": "ARE",
      "latest_data_year": 2024,
      "lane_data_years": 11,
      "exports_latest_observed_usd": 4361066985.075868,
      "exports_all_year_avg_usd": 566744622.0639789,
      "exports_avg_3y_usd": 2061361628.4104354,
      "exports_avg_5y_usd": 1246174730.3846164,
      "exports_avg_10y_usd": 692643227.8590101,
      "exports_cagr_3y_pct": 1067.6124886192865,
      "exports_cagr_5y_pct": 547.269875139767,
      "exports_cagr_10y_pct": 153.51684318682385,
      "exports_historical_peak_usd": 4361066985.075868,
      "buyer_imports_latest_observed_usd": 80031157896.70036,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 70,
      "trend_acceleration_pct": 914.0956454324627,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 38.0848,
      "buyer_yoy_all_avg_pct": 134.2551,
      "buyer_trend_consistency_pct": 86.2069,
      "market_share_latest_pct": 5.449211406768453,
      "market_share_change_1y_pp": 2.718819243221534,
      "peer_best_share_pct": 12.964356574331918,
      "peer_top_exporter": "GIN",
      "supplier_count_latest": 111,
      "buyer_market_hhi": 520.02,
      "distance_km": 1979.161376953125,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0.05154220090038313,
      "tariff_advantage_pp": null,
      "volatility_cv": 2.2602267244132532,
      "max_drawdown_pct": 93.78044302039406,
      "attention_level": "Watch",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility']",
      "signal_flag": "Accelerating",
      "confidence_label": "High",
      "refreshed_at": "2026-07-20 09:30:25"
    },
    {
      "hs_code": 710812,
      "corridor_rank": 92,
      "exporter_iso3": "ARM",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 4,
      "exports_latest_observed_usd": 1365879421.1359668,
      "exports_all_year_avg_usd": 457639418.4656988,
      "exports_avg_3y_usd": 610149488.9596497,
      "exports_avg_5y_usd": 457639418.4656987,
      "exports_avg_10y_usd": 457639418.4656987,
      "exports_cagr_3y_pct": 2221.243227982626,
      "exports_cagr_5y_pct": null,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 1365879421.1359668,
      "buyer_imports_latest_observed_usd": 41743878490.216095,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 66.66666666666667,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": 13.6161,
      "buyer_yoy_all_avg_pct": 44.509,
      "buyer_trend_consistency_pct": 55.1724,
      "market_share_latest_pct": 3.272047233119704,
      "market_share_change_1y_pp": 2.0076344856831705,
      "peer_best_share_pct": 32.112912335800225,
      "peer_top_exporter": "ARE",
      "supplier_count_latest": 46,
      "buyer_market_hhi": 1863.21,
      "distance_km": 6748.724609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 1.218444169495572,
      "max_drawdown_pct": 91.5585483632692,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": "['high_volatility','limited_history']",
      "signal_flag": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
    }
  ],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 710812,
    "num_markets": 12,
    "highest_price_importer_iso3": "CHN",
    "highest_price_usd_per_ton": 67085517.24137931,
    "lowest_price_importer_iso3": "ARE",
    "lowest_price_usd_per_ton": 5666664.974619289,
    "median_price_across_markets": 47780000,
    "price_spread_pct": 128.5451072975304,
    "avg_quantity_metric_tons": 2.2175000000000007,
    "total_trade_value_usd": 2697221050
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 28201401.688116517,
      "active_destinations": 3,
      "yoy_growth_pct": -3.835382074178171
    },
    {
      "year": 2011,
      "export_value_usd": 65327475.62787111,
      "active_destinations": 3,
      "yoy_growth_pct": 131.6462009595741
    },
    {
      "year": 2012,
      "export_value_usd": 74527032.84167087,
      "active_destinations": 4,
      "yoy_growth_pct": 14.082217513200357
    },
    {
      "year": 2013,
      "export_value_usd": 71094618.22924209,
      "active_destinations": 3,
      "yoy_growth_pct": -4.605596763419772
    },
    {
      "year": 2014,
      "export_value_usd": 79052733.6491439,
      "active_destinations": 2,
      "yoy_growth_pct": 11.193695976031766
    },
    {
      "year": 2015,
      "export_value_usd": 98077438.04297553,
      "active_destinations": 3,
      "yoy_growth_pct": 24.06583999772619
    },
    {
      "year": 2016,
      "export_value_usd": 126977958.71778975,
      "active_destinations": 3,
      "yoy_growth_pct": 29.46704283012634
    },
    {
      "year": 2017,
      "export_value_usd": 141431288.35593426,
      "active_destinations": 4,
      "yoy_growth_pct": 11.382549998513703
    },
    {
      "year": 2018,
      "export_value_usd": 172855469.34197462,
      "active_destinations": 3,
      "yoy_growth_pct": 22.218691034586648
    },
    {
      "year": 2019,
      "export_value_usd": 221842020.70326635,
      "active_destinations": 3,
      "yoy_growth_pct": 28.33960160345143
    },
    {
      "year": 2020,
      "export_value_usd": 246975472.32544288,
      "active_destinations": 6,
      "yoy_growth_pct": 11.329436840910667
    },
    {
      "year": 2021,
      "export_value_usd": 124859625.45994999,
      "active_destinations": 5,
      "yoy_growth_pct": -49.444524071839496
    },
    {
      "year": 2022,
      "export_value_usd": 365904311.4841188,
      "active_destinations": 8,
      "yoy_growth_pct": 193.05254611826976
    },
    {
      "year": 2023,
      "export_value_usd": 2067354082.9536304,
      "active_destinations": 6,
      "yoy_growth_pct": 464.9985578383541
    },
    {
      "year": 2024,
      "export_value_usd": 6004746231.712165,
      "active_destinations": 6,
      "yoy_growth_pct": 190.45562544047505
    }
  ],
  "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
  }
}