{
  "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/920120",
  "links": {
    "product": "https://www.yugalinks.com/trade/product/920120",
    "exporter": "https://www.yugalinks.com/trade/exporter/arm/920120",
    "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": "920120",
    "exporter_iso3": "ARM",
    "first_data_year": 1995,
    "latest_data_year": 2024,
    "observed_lane_count": 9,
    "current_lane_count": 2,
    "active_market_count": 2,
    "exports_latest_observed_lanes_usd": 267013.0725711722,
    "exports_current_2024_usd": 245533.15372340044,
    "exports_avg_3y_usd": 82009.88409585862,
    "exports_avg_5y_usd": 82009.88409585862,
    "exports_avg_10y_usd": 61511.58879143128,
    "exports_cagr_3y_pct": 2349.6626266464164,
    "exports_cagr_5y_pct": 581.4967135743182,
    "exports_cagr_10y_pct": 32.880727736313474,
    "exports_all_year_lane_avg_usd": 47634.843196315654,
    "exports_historical_lane_peak_usd": 277231.6065596318,
    "historical_peak_year": 2024,
    "positive_growth_year_share_pct": 53.333333333333336,
    "trend_acceleration_pct": 2316.781898910103,
    "trend_label": "Rapid growth",
    "top_market_iso3": "RUS",
    "top_market_exports_usd": 245436.42,
    "top_market_share_pct": 91.91925235592315,
    "destination_hhi": 8475.728884484162,
    "weighted_share_latest_pct": 10.341093961671696,
    "weighted_share_change_1y_pp": 8.96807203485113,
    "weighted_volatility_cv": 2.318041904044651,
    "weighted_max_drawdown_pct": 94.03242563681911,
    "limited_history_lane_share_pct": 33.333333333333336,
    "data_freshness_years": 0,
    "coverage_score": 64.5,
    "confidence_label": "Medium",
    "refreshed_at": "2026-07-20 09:28:10",
    "source": "api",
    "product": {
      "hs_code": 920120,
      "hs_description": "Musical instruments: pianos, grand",
      "hs_chapter": 92,
      "hs_heading": 9201,
      "substitution_elasticity": -4.3214273,
      "price_range_label": "Medium price range",
      "trade_type_label": "One-way trade"
    },
    "hs_description": "Musical instruments: pianos, grand",
    "hs_chapter": 92,
    "hs_heading": 9201,
    "destinations": [],
    "priceSummary": {
      "exporter_iso3": "ARM",
      "hs_code": 920120,
      "num_markets": 1,
      "highest_price_importer_iso3": "RUS",
      "highest_price_usd_per_ton": 10117.948717948717,
      "lowest_price_importer_iso3": "RUS",
      "lowest_price_usd_per_ton": 10117.948717948717,
      "median_price_across_markets": 10117.948717948717,
      "price_spread_pct": 0,
      "avg_quantity_metric_tons": 0.39,
      "total_trade_value_usd": 3946
    },
    "history": [
      {
        "year": 1996,
        "export_value_usd": 1296.7847969695506,
        "active_destinations": 6,
        "yoy_growth_pct": -20.19570865095765
      },
      {
        "year": 1998,
        "export_value_usd": 539.0538380359083,
        "active_destinations": 7,
        "yoy_growth_pct": -58.43151158961608
      },
      {
        "year": 1999,
        "export_value_usd": 4198.568623961196,
        "active_destinations": 7,
        "yoy_growth_pct": 678.8774196022911
      },
      {
        "year": 2001,
        "export_value_usd": 3817.955986373996,
        "active_destinations": 2,
        "yoy_growth_pct": -9.065295144041396
      },
      {
        "year": 2003,
        "export_value_usd": 1482.975321180246,
        "active_destinations": 2,
        "yoy_growth_pct": -61.15787278656758
      },
      {
        "year": 2004,
        "export_value_usd": 12923.991510347909,
        "active_destinations": 2,
        "yoy_growth_pct": 771.4906664840636
      },
      {
        "year": 2005,
        "export_value_usd": 21542.006224698725,
        "active_destinations": 1,
        "yoy_growth_pct": 66.6822994076605
      },
      {
        "year": 2007,
        "export_value_usd": 9213.732228555422,
        "active_destinations": 1,
        "yoy_growth_pct": -57.22899653611868
      },
      {
        "year": 2008,
        "export_value_usd": 14803.338070484582,
        "active_destinations": 2,
        "yoy_growth_pct": 60.666033082725356
      },
      {
        "year": 2011,
        "export_value_usd": 14226.22853189902,
        "active_destinations": 1,
        "yoy_growth_pct": -3.89850948372397
      },
      {
        "year": 2012,
        "export_value_usd": 14305.075786406549,
        "active_destinations": 2,
        "yoy_growth_pct": 0.5542386327531047
      },
      {
        "year": 2017,
        "export_value_usd": 16.702878149225587,
        "active_destinations": 1,
        "yoy_growth_pct": -99.88323810094667
      },
      {
        "year": 2022,
        "export_value_usd": 137.42365331886487,
        "active_destinations": 1,
        "yoy_growth_pct": 722.7543306674747
      },
      {
        "year": 2023,
        "export_value_usd": 359.07491085658955,
        "active_destinations": 2,
        "yoy_growth_pct": 161.29047087943883
      },
      {
        "year": 2024,
        "export_value_usd": 245533.15372340044,
        "active_destinations": 2,
        "yoy_growth_pct": 68279.36773072503
      }
    ],
    "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": "920120",
    "hs_description": "Musical instruments: pianos, grand",
    "hs_chapter": 92,
    "hs_heading": 9201
  },
  "destinations": [],
  "prices": [],
  "priceSummary": {
    "exporter_iso3": "ARM",
    "hs_code": 920120,
    "num_markets": 1,
    "highest_price_importer_iso3": "RUS",
    "highest_price_usd_per_ton": 10117.948717948717,
    "lowest_price_importer_iso3": "RUS",
    "lowest_price_usd_per_ton": 10117.948717948717,
    "median_price_across_markets": 10117.948717948717,
    "price_spread_pct": 0,
    "avg_quantity_metric_tons": 0.39,
    "total_trade_value_usd": 3946
  },
  "history": [
    {
      "year": 1996,
      "export_value_usd": 1296.7847969695506,
      "active_destinations": 6,
      "yoy_growth_pct": -20.19570865095765
    },
    {
      "year": 1998,
      "export_value_usd": 539.0538380359083,
      "active_destinations": 7,
      "yoy_growth_pct": -58.43151158961608
    },
    {
      "year": 1999,
      "export_value_usd": 4198.568623961196,
      "active_destinations": 7,
      "yoy_growth_pct": 678.8774196022911
    },
    {
      "year": 2001,
      "export_value_usd": 3817.955986373996,
      "active_destinations": 2,
      "yoy_growth_pct": -9.065295144041396
    },
    {
      "year": 2003,
      "export_value_usd": 1482.975321180246,
      "active_destinations": 2,
      "yoy_growth_pct": -61.15787278656758
    },
    {
      "year": 2004,
      "export_value_usd": 12923.991510347909,
      "active_destinations": 2,
      "yoy_growth_pct": 771.4906664840636
    },
    {
      "year": 2005,
      "export_value_usd": 21542.006224698725,
      "active_destinations": 1,
      "yoy_growth_pct": 66.6822994076605
    },
    {
      "year": 2007,
      "export_value_usd": 9213.732228555422,
      "active_destinations": 1,
      "yoy_growth_pct": -57.22899653611868
    },
    {
      "year": 2008,
      "export_value_usd": 14803.338070484582,
      "active_destinations": 2,
      "yoy_growth_pct": 60.666033082725356
    },
    {
      "year": 2011,
      "export_value_usd": 14226.22853189902,
      "active_destinations": 1,
      "yoy_growth_pct": -3.89850948372397
    },
    {
      "year": 2012,
      "export_value_usd": 14305.075786406549,
      "active_destinations": 2,
      "yoy_growth_pct": 0.5542386327531047
    },
    {
      "year": 2017,
      "export_value_usd": 16.702878149225587,
      "active_destinations": 1,
      "yoy_growth_pct": -99.88323810094667
    },
    {
      "year": 2022,
      "export_value_usd": 137.42365331886487,
      "active_destinations": 1,
      "yoy_growth_pct": 722.7543306674747
    },
    {
      "year": 2023,
      "export_value_usd": 359.07491085658955,
      "active_destinations": 2,
      "yoy_growth_pct": 161.29047087943883
    },
    {
      "year": 2024,
      "export_value_usd": 245533.15372340044,
      "active_destinations": 2,
      "yoy_growth_pct": 68279.36773072503
    }
  ],
  "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
  }
}