# Armenia HS 711021 exports | Yugalinks

Explore reported HS 711021 exports from Armenia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Armenia |
| HS6 | 711021 |
| Latest exports | $390.4M |
| Active destinations | 3 |
| Three-year growth | +2,275.7% |
| Destination HHI | 5,121 |
| Weighted share | 43.8% |

## Destination markets

- China, Hong Kong Special Administrative Region: $259.2M; share 45.6%; growth +2,264.2%
- United Kingdom: $100.9M; share 32.2%; growth +0%

## Price intelligence

- Highest reported market price: United Arab Emirates at $54.1M / ton.
- Lowest reported market price: Russia at $25.3M / ton.
- Median reported price: $39.7M / ton.
- Price spread: 72.7%.

## Export history

- 1997: $798.9K
- 1998: $7.8K
- 2000: $186.8K
- 2002: $50.7K
- 2003: $100.9M
- 2015: $8.1K
- 2016: $177.0K
- 2017: $19.6K
- 2023: $110.2M
- 2024: $262.9M

## 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
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    "url": "https://www.yugalinks.com"
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  "canonical": "https://www.yugalinks.com/trade/exporter/arm/711021",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/711021",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/711021",
    "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": "711021",
    "exporter_iso3": "ARM",
    "first_data_year": 1997,
    "latest_data_year": 2024,
    "observed_lane_count": 8,
    "current_lane_count": 3,
    "active_market_count": 3,
    "exports_latest_observed_lanes_usd": 390351125.6150277,
    "exports_current_2024_usd": 262942733.72240543,
    "exports_avg_3y_usd": 186554590.81755063,
    "exports_avg_5y_usd": 186554590.81755063,
    "exports_avg_10y_usd": 74662794.77629629,
    "exports_cagr_3y_pct": 2275.657722136028,
    "exports_cagr_5y_pct": 569.0680959754791,
    "exports_cagr_10y_pct": 10.049706335724352,
    "exports_all_year_lane_avg_usd": 245064070.5260259,
    "exports_historical_lane_peak_usd": 390934324.5243215,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 55.55555555555556,
    "trend_acceleration_pct": 2265.6080158003037,
    "trend_label": "Rapid growth",
    "top_market_iso3": "HKG",
    "top_market_exports_usd": 259152520.908452,
    "top_market_share_pct": 66.38959231900192,
    "destination_hhi": 5121.195193152398,
    "weighted_share_latest_pct": 43.76783681326238,
    "weighted_share_change_1y_pp": 39.14115157211268,
    "weighted_volatility_cv": 0.630115603748634,
    "weighted_max_drawdown_pct": 0.012840384794045813,
    "limited_history_lane_share_pct": 100,
    "data_freshness_years": 0,
    "coverage_score": 53.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 711021,
      "hs_description": "Metals: palladium, unwrought or in powder form",
      "hs_chapter": 71,
      "hs_heading": 7110,
      "substitution_elasticity": -22.306328,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Metals: palladium, unwrought or in powder form",
    "hs_chapter": 71,
    "hs_heading": 7110,
    "destinations": [
      {
        "hs_code": 711021,
        "corridor_rank": 14,
        "exporter_iso3": "ARM",
        "importer_iso3": "HKG",
        "latest_data_year": 2024,
        "lane_data_years": 3,
        "exports_latest_observed_usd": 259152520.908452,
        "exports_all_year_avg_usd": 114405509.01950563,
        "exports_avg_3y_usd": 171598457.80737397,
        "exports_avg_5y_usd": 171598457.80737397,
        "exports_avg_10y_usd": 114405509.01950563,
        "exports_cagr_3y_pct": 2264.1877184629916,
        "exports_cagr_5y_pct": 567.1280082369335,
        "exports_cagr_10y_pct": null,
        "exports_historical_peak_usd": 259152520.908452,
        "buyer_imports_latest_observed_usd": 568713290.1924556,
        "historical_peak_year": 2024,
        "positive_growth_year_share_pct": 100,
        "trend_acceleration_pct": null,
        "trend_label": "Rapid growth",
        "buyer_yoy_latest_pct": -52.9948,
        "buyer_yoy_all_avg_pct": 31.5765,
        "buyer_trend_consistency_pct": 65.5172,
        "market_share_latest_pct": 45.56821958930367,
        "market_share_change_1y_pp": 38.62179397085423,
        "peer_best_share_pct": 48.526115820550075,
        "peer_top_exporter": "RUS",
        "supplier_count_latest": 14,
        "buyer_market_hhi": 4449.16,
        "distance_km": 6748.724609375,
        "has_reported_fta": 0,
        "applied_tariff_pct": 0,
        "tariff_advantage_pp": null,
        "volatility_cv": 0.9435467322439532,
        "max_drawdown_pct": 0,
        "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": "Accelerating",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
      },
      {
        "hs_code": 711021,
        "corridor_rank": 37,
        "exporter_iso3": "ARM",
        "importer_iso3": "GBR",
        "latest_data_year": 2003,
        "lane_data_years": 1,
        "exports_latest_observed_usd": 100918850.22599652,
        "exports_all_year_avg_usd": 100918850.22599652,
        "exports_avg_3y_usd": 100918850.22599652,
        "exports_avg_5y_usd": 100918850.22599652,
        "exports_avg_10y_usd": 100918850.22599652,
        "exports_cagr_3y_pct": null,
        "exports_cagr_5y_pct": null,
        "exports_cagr_10y_pct": null,
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        "trend_acceleration_pct": null,
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        "buyer_yoy_latest_pct": -37.6843,
        "buyer_yoy_all_avg_pct": 33.2552,
        "buyer_trend_consistency_pct": 62.069,
        "market_share_latest_pct": 32.19115908409952,
        "market_share_change_1y_pp": 32.19115908409952,
        "peer_best_share_pct": 38.88949140722433,
        "peer_top_exporter": "ZAF",
        "supplier_count_latest": 22,
        "buyer_market_hhi": 2273.52,
        "distance_km": 3619.36474609375,
        "has_reported_fta": 1,
        "applied_tariff_pct": null,
        "tariff_advantage_pp": null,
        "volatility_cv": 0,
        "max_drawdown_pct": 0,
        "attention_level": "Watch",
        "primary_risk_reason": "The lane has limited historical coverage",
        "risk_driver_labels": "['limited_history']",
        "signal_flag": "Declining",
        "confidence_label": "Low",
        "refreshed_at": "2026-07-20 09:30:25"
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    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 711021,
      "num_markets": 3,
      "highest_price_importer_iso3": "ARE",
      "highest_price_usd_per_ton": 54142738.00738007,
      "lowest_price_importer_iso3": "RUS",
      "lowest_price_usd_per_ton": 25257000,
      "median_price_across_markets": 39722075.7430489,
      "price_spread_pct": 72.7196085980851,
      "avg_quantity_metric_tons": 0.6574999999999999,
      "total_trade_value_usd": 112266053
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    "history": [
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        "year": 1997,
        "export_value_usd": 798894.5936316618,
        "active_destinations": 2
      },
      {
        "year": 1998,
        "export_value_usd": 7803.118719261539,
        "active_destinations": 1,
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      {
        "year": 2000,
        "export_value_usd": 186819.79852355985,
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        "year": 2003,
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        "yoy_growth_pct": 198765.75431092337
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      {
        "year": 2015,
        "export_value_usd": 8131.386723261327,
        "active_destinations": 1,
        "yoy_growth_pct": -99.9919426482713
      },
      {
        "year": 2016,
        "export_value_usd": 177049.41588794003,
        "active_destinations": 1,
        "yoy_growth_pct": 2077.358203631585
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      {
        "year": 2017,
        "export_value_usd": 19611.44376899784,
        "active_destinations": 1,
        "yoy_growth_pct": -88.92318075682863
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      {
        "year": 2023,
        "export_value_usd": 110166447.91269583,
        "active_destinations": 3,
        "yoy_growth_pct": 561645.7297399447
      },
      {
        "year": 2024,
        "export_value_usd": 262942733.72240543,
        "active_destinations": 3,
        "yoy_growth_pct": 138.67769062571668
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    ],
    "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": "711021",
    "hs_description": "Metals: palladium, unwrought or in powder form",
    "hs_chapter": 71,
    "hs_heading": 7110
  },
  "destinations": [
    {
      "hs_code": 711021,
      "corridor_rank": 14,
      "exporter_iso3": "ARM",
      "importer_iso3": "HKG",
      "latest_data_year": 2024,
      "lane_data_years": 3,
      "exports_latest_observed_usd": 259152520.908452,
      "exports_all_year_avg_usd": 114405509.01950563,
      "exports_avg_3y_usd": 171598457.80737397,
      "exports_avg_5y_usd": 171598457.80737397,
      "exports_avg_10y_usd": 114405509.01950563,
      "exports_cagr_3y_pct": 2264.1877184629916,
      "exports_cagr_5y_pct": 567.1280082369335,
      "exports_cagr_10y_pct": null,
      "exports_historical_peak_usd": 259152520.908452,
      "buyer_imports_latest_observed_usd": 568713290.1924556,
      "historical_peak_year": 2024,
      "positive_growth_year_share_pct": 100,
      "trend_acceleration_pct": null,
      "trend_label": "Rapid growth",
      "buyer_yoy_latest_pct": -52.9948,
      "buyer_yoy_all_avg_pct": 31.5765,
      "buyer_trend_consistency_pct": 65.5172,
      "market_share_latest_pct": 45.56821958930367,
      "market_share_change_1y_pp": 38.62179397085423,
      "peer_best_share_pct": 48.526115820550075,
      "peer_top_exporter": "RUS",
      "supplier_count_latest": 14,
      "buyer_market_hhi": 4449.16,
      "distance_km": 6748.724609375,
      "has_reported_fta": 0,
      "applied_tariff_pct": 0,
      "tariff_advantage_pp": null,
      "volatility_cv": 0.9435467322439532,
      "max_drawdown_pct": 0,
      "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": "Accelerating",
      "confidence_label": "Low",
      "refreshed_at": "2026-07-20 09:30:25"
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      "exporter_iso3": "ARM",
      "importer_iso3": "GBR",
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      "exports_all_year_avg_usd": 100918850.22599652,
      "exports_avg_3y_usd": 100918850.22599652,
      "exports_avg_5y_usd": 100918850.22599652,
      "exports_avg_10y_usd": 100918850.22599652,
      "exports_cagr_3y_pct": null,
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      "trend_label": "Insufficient history",
      "buyer_yoy_latest_pct": -37.6843,
      "buyer_yoy_all_avg_pct": 33.2552,
      "buyer_trend_consistency_pct": 62.069,
      "market_share_latest_pct": 32.19115908409952,
      "market_share_change_1y_pp": 32.19115908409952,
      "peer_best_share_pct": 38.88949140722433,
      "peer_top_exporter": "ZAF",
      "supplier_count_latest": 22,
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      "has_reported_fta": 1,
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      "refreshed_at": "2026-07-20 09:30:25"
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  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 711021,
    "num_markets": 3,
    "highest_price_importer_iso3": "ARE",
    "highest_price_usd_per_ton": 54142738.00738007,
    "lowest_price_importer_iso3": "RUS",
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    "price_spread_pct": 72.7196085980851,
    "avg_quantity_metric_tons": 0.6574999999999999,
    "total_trade_value_usd": 112266053
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  "history": [
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      "export_value_usd": 798894.5936316618,
      "active_destinations": 2
    },
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      "year": 1998,
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      "year": 2000,
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      "year": 2002,
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      "year": 2003,
      "export_value_usd": 100918850.22599652,
      "active_destinations": 1,
      "yoy_growth_pct": 198765.75431092337
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    {
      "year": 2015,
      "export_value_usd": 8131.386723261327,
      "active_destinations": 1,
      "yoy_growth_pct": -99.9919426482713
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    {
      "year": 2016,
      "export_value_usd": 177049.41588794003,
      "active_destinations": 1,
      "yoy_growth_pct": 2077.358203631585
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    {
      "year": 2017,
      "export_value_usd": 19611.44376899784,
      "active_destinations": 1,
      "yoy_growth_pct": -88.92318075682863
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    {
      "year": 2023,
      "export_value_usd": 110166447.91269583,
      "active_destinations": 3,
      "yoy_growth_pct": 561645.7297399447
    },
    {
      "year": 2024,
      "export_value_usd": 262942733.72240543,
      "active_destinations": 3,
      "yoy_growth_pct": 138.67769062571668
    }
  ],
  "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,
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    "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
  }
}
```