# Armenia HS 851610 exports | Yugalinks

Explore reported HS 851610 exports from Armenia: destinations, growth, concentration, prices, and history.

## Exporter position

| Measure | Value |
| --- | --- |
| Exporter | Armenia |
| HS6 | 851610 |
| Latest exports | $110.3K |
| Active destinations | 5 |
| Three-year growth | +55.8% |
| Destination HHI | 4,388 |
| Weighted share | 1.8% |

## Destination markets

No destination observations are available.

## Price intelligence

- Highest reported market price: Turkey at $2.5M / ton.
- Lowest reported market price: Russia at $859.9 / ton.
- Median reported price: $14.7K / ton.
- Price spread: 17,013.8%.

## Export history

- 2010: $0.9
- 2011: $25.4K
- 2012: $14.2K
- 2013: $901.1
- 2014: $227.3
- 2015: $558.4
- 2016: $5.0K
- 2017: $1.2K
- 2018: $2.2K
- 2019: $7.6K
- 2020: $8.7K
- 2021: $19.5K
- 2022: $44.4K
- 2023: $87.0K
- 2024: $73.8K

## 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/851610",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/851610",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/851610",
    "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": "851610",
    "exporter_iso3": "ARM",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 26,
    "current_lane_count": 5,
    "active_market_count": 5,
    "exports_latest_observed_lanes_usd": 110254.85289012674,
    "exports_current_2024_usd": 73839.54580425716,
    "exports_avg_3y_usd": 68418.37863465298,
    "exports_avg_5y_usd": 46695.11677326051,
    "exports_avg_10y_usd": 25005.571237818425,
    "exports_cagr_3y_pct": 55.75336105616684,
    "exports_cagr_5y_pct": 57.7207065149967,
    "exports_cagr_10y_pct": 78.30516990246205,
    "exports_all_year_lane_avg_usd": 64496.63266562765,
    "exports_historical_lane_peak_usd": 182307.74933083786,
    "historical_peak_year": 2023,
    "positive_growth_year_share_pct": 50,
    "trend_acceleration_pct": -22.551808846295216,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 69272.97,
    "top_market_share_pct": 62.82986025933318,
    "destination_hhi": 4388.202596993497,
    "weighted_share_latest_pct": 1.8459779231019784,
    "weighted_share_change_1y_pp": 0.9944420999425057,
    "weighted_volatility_cv": 1.421129685804965,
    "weighted_max_drawdown_pct": 87.09598228041567,
    "limited_history_lane_share_pct": 84.61538461538461,
    "data_freshness_years": 0,
    "coverage_score": 72.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 851610,
      "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
      "hs_chapter": 85,
      "hs_heading": 8516,
      "substitution_elasticity": -3.2050343,
      "price_range_label": "High price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 851610,
      "num_markets": 11,
      "highest_price_importer_iso3": "TUR",
      "highest_price_usd_per_ton": 2500000,
      "lowest_price_importer_iso3": "RUS",
      "lowest_price_usd_per_ton": 859.851396361773,
      "median_price_across_markets": 14688.888888888889,
      "price_spread_pct": 17013.813417120076,
      "avg_quantity_metric_tons": 1.3428333333333335,
      "total_trade_value_usd": 180189
    },
    "history": [
      {
        "year": 2010,
        "export_value_usd": 0.90491015413633,
        "active_destinations": 1,
        "yoy_growth_pct": -99.73035285782024
      },
      {
        "year": 2011,
        "export_value_usd": 25376.342514748845,
        "active_destinations": 3,
        "yoy_growth_pct": 2804194.1499500237
      },
      {
        "year": 2012,
        "export_value_usd": 14226.649617370693,
        "active_destinations": 3,
        "yoy_growth_pct": -43.93735185004656
      },
      {
        "year": 2013,
        "export_value_usd": 901.067804177305,
        "active_destinations": 2,
        "yoy_growth_pct": -93.66633867838353
      },
      {
        "year": 2014,
        "export_value_usd": 227.32628816113086,
        "active_destinations": 2,
        "yoy_growth_pct": -74.77145592071345
      },
      {
        "year": 2015,
        "export_value_usd": 558.3710919804633,
        "active_destinations": 2,
        "yoy_growth_pct": 145.6253944483029
      },
      {
        "year": 2016,
        "export_value_usd": 4974.839093972876,
        "active_destinations": 4,
        "yoy_growth_pct": 790.9557040870122
      },
      {
        "year": 2017,
        "export_value_usd": 1249.2785686017737,
        "active_destinations": 4,
        "yoy_growth_pct": -74.88806079948795
      },
      {
        "year": 2018,
        "export_value_usd": 2232.003672670195,
        "active_destinations": 3,
        "yoy_growth_pct": 78.66340852771643
      },
      {
        "year": 2019,
        "export_value_usd": 7565.636084656413,
        "active_destinations": 4,
        "yoy_growth_pct": 238.96163242444294
      },
      {
        "year": 2020,
        "export_value_usd": 8678.10031119331,
        "active_destinations": 3,
        "yoy_growth_pct": 14.704173107044419
      },
      {
        "year": 2021,
        "export_value_usd": 19542.347651150303,
        "active_destinations": 4,
        "yoy_growth_pct": 125.19153905082104
      },
      {
        "year": 2022,
        "export_value_usd": 44409.23713639201,
        "active_destinations": 5,
        "yoy_growth_pct": 127.24617292220768
      },
      {
        "year": 2023,
        "export_value_usd": 87006.35296330976,
        "active_destinations": 9,
        "yoy_growth_pct": 95.9194946224616
      },
      {
        "year": 2024,
        "export_value_usd": 73839.54580425716,
        "active_destinations": 5,
        "yoy_growth_pct": -15.133156040461781
      }
    ],
    "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": "851610",
    "hs_description": "Heaters: electric, instantaneous or storage water and immersion heaters",
    "hs_chapter": 85,
    "hs_heading": 8516
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 851610,
    "num_markets": 11,
    "highest_price_importer_iso3": "TUR",
    "highest_price_usd_per_ton": 2500000,
    "lowest_price_importer_iso3": "RUS",
    "lowest_price_usd_per_ton": 859.851396361773,
    "median_price_across_markets": 14688.888888888889,
    "price_spread_pct": 17013.813417120076,
    "avg_quantity_metric_tons": 1.3428333333333335,
    "total_trade_value_usd": 180189
  },
  "history": [
    {
      "year": 2010,
      "export_value_usd": 0.90491015413633,
      "active_destinations": 1,
      "yoy_growth_pct": -99.73035285782024
    },
    {
      "year": 2011,
      "export_value_usd": 25376.342514748845,
      "active_destinations": 3,
      "yoy_growth_pct": 2804194.1499500237
    },
    {
      "year": 2012,
      "export_value_usd": 14226.649617370693,
      "active_destinations": 3,
      "yoy_growth_pct": -43.93735185004656
    },
    {
      "year": 2013,
      "export_value_usd": 901.067804177305,
      "active_destinations": 2,
      "yoy_growth_pct": -93.66633867838353
    },
    {
      "year": 2014,
      "export_value_usd": 227.32628816113086,
      "active_destinations": 2,
      "yoy_growth_pct": -74.77145592071345
    },
    {
      "year": 2015,
      "export_value_usd": 558.3710919804633,
      "active_destinations": 2,
      "yoy_growth_pct": 145.6253944483029
    },
    {
      "year": 2016,
      "export_value_usd": 4974.839093972876,
      "active_destinations": 4,
      "yoy_growth_pct": 790.9557040870122
    },
    {
      "year": 2017,
      "export_value_usd": 1249.2785686017737,
      "active_destinations": 4,
      "yoy_growth_pct": -74.88806079948795
    },
    {
      "year": 2018,
      "export_value_usd": 2232.003672670195,
      "active_destinations": 3,
      "yoy_growth_pct": 78.66340852771643
    },
    {
      "year": 2019,
      "export_value_usd": 7565.636084656413,
      "active_destinations": 4,
      "yoy_growth_pct": 238.96163242444294
    },
    {
      "year": 2020,
      "export_value_usd": 8678.10031119331,
      "active_destinations": 3,
      "yoy_growth_pct": 14.704173107044419
    },
    {
      "year": 2021,
      "export_value_usd": 19542.347651150303,
      "active_destinations": 4,
      "yoy_growth_pct": 125.19153905082104
    },
    {
      "year": 2022,
      "export_value_usd": 44409.23713639201,
      "active_destinations": 5,
      "yoy_growth_pct": 127.24617292220768
    },
    {
      "year": 2023,
      "export_value_usd": 87006.35296330976,
      "active_destinations": 9,
      "yoy_growth_pct": 95.9194946224616
    },
    {
      "year": 2024,
      "export_value_usd": 73839.54580425716,
      "active_destinations": 5,
      "yoy_growth_pct": -15.133156040461781
    }
  ],
  "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
  }
}
```