{ "template": "corridor-anomaly-watch", "templateName": "Trade anomaly page", "source": "api", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com", "linkedin": "https://in.linkedin.com/company/yugalinks", "logo": "https://www.yugalinks.com/trade/yugalinks-logo-v3-dark-mode.webp" }, "seo": { "title": "Armenia to Serbia trade anomaly | HS 260300 | Yugalinks", "description": "Reported trade anomaly for Armenia to Serbia in copper ores and concentrates (HS 260300), with anomaly severity, market value, history, and context.", "canonical": "https://www.yugalinks.com/trade/signal/anomaly/arm-srb-260300", "robots": "index, follow" }, "breadcrumbs": [ { "name": "Home", "url": "https://www.yugalinks.com/" }, { "name": "Trade data", "url": "https://www.yugalinks.com/trade/" }, { "name": "Trade anomalies", "url": "https://www.yugalinks.com/trade/signal/anomaly/" }, { "name": "ARM-SRB HS 260300", "url": "https://www.yugalinks.com/trade/signal/anomaly/arm-srb-260300" } ], "sections": [ "overview", "history", "context", "related-movements", "faq", "data-source" ], "anomaly": { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "market_imports_usd": 202490404.1725798, "momentum_yoy_pct": 2860.13938885967, "anomaly_z_score": 3.1500016506585444, "anomaly_type": "spike", "anomaly_severity": "78.75004126646361", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0 }, "opportunity": { "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "hs_description": "Copper ores and concentrates", "hs_chapter": "26", "hs_heading": "2603", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": null, "buyer_imports_latest_usd": 202490404.1725798, "buyer_imports_avg_usd": 78363994.39474839, "buyer_imports_peak_usd": 254186289.21145478, "buyer_cagr_full_pct": 2.3854, "buyer_yoy_avg_pct": 11092348.8664, "buyer_yoy_latest_pct": 187.1009, "buyer_trend_consistency_pct": 56.25, "buyer_imports_proj_3y_usd": 217329120.96, "buyer_imports_proj_5y_usd": 227820905.75, "buyer_gdp_mn_latest": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "buyer_investment_rate": null, "buyer_savings_rate": null, "buyer_edu_secondary": null, "buyer_gdp_mn_2030_proj": null, "buyer_gdp_pc_2030_proj": null, "buyer_gdp_pc_growth_pct": null, "buyer_gdp_mn_growth_pct": null, "buyer_pop_growth_pct": null, "exports_latest_usd": 15550963.379311303, "exports_avg_usd": 23024897.557682797, "exports_peak_usd": 113265520.76849073, "share_latest_pct": 7.67985201217606, "share_avg_pct": 45.0012588171822, "share_peak_pct": 99.99996391000494, "share_change_1y_pp": 6.934990905026127, "share_trend_pp_per_yr": 0.524198, "cagr_full_pct": 10.6024, "yoy_avg_pct": 291.9896, "yoy_latest_pct": 2860.1394, "trend_consistency_pct": 81.8182, "exports_proj_3y_usd": 21040274.44, "exports_proj_5y_usd": 25738355.87, "your_share_gap_pp": 45.4077, "addressable_proj_3y_usd": 98684149.11, "addressable_proj_5y_usd": 103448226.97, "peer_best_share_pct": 53.08754918306748, "peer_top_exporter": "COD", "num_suppliers_latest": 9, "buyer_herfindahl_index": 3994.59, "distance_km": null, "shares_official_language": null, "common_spoken_language_score": null, "has_wto_reported_fta": null, "buyer_is_eu_member": null, "buyer_biz_entry_days": null, "shared_legal_system": null, "shared_religion": null, "shares_land_border": null, "buyer_is_wto_member": null, "lane_volatility_cv": 1.3630051055173869, "lane_max_drawdown_pct": 99.53618220098332, "signal_flag": "Accelerating", "lane_data_years": 12, "lane_last_year": 2024 }, "lane": { "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "hs_description": "Copper ores and concentrates", "hs_chapter": "26", "hs_heading": "2603", "price_range_label": "Medium price range", "trade_type_label": "One-way trade", "substitution_elasticity": null, "buyer_imports_latest_usd": 202490404.1725798, "buyer_imports_avg_usd": 78363994.39474839, "buyer_imports_peak_usd": 254186289.21145478, "buyer_cagr_full_pct": 2.3854, "buyer_yoy_avg_pct": 11092348.8664, "buyer_yoy_latest_pct": 187.1009, "buyer_trend_consistency_pct": 56.25, "buyer_imports_proj_3y_usd": 217329120.96, "buyer_imports_proj_5y_usd": 227820905.75, "buyer_gdp_mn_latest": null, "buyer_gdp_pc_latest": null, "buyer_population_latest": null, "buyer_investment_rate": null, "buyer_savings_rate": null, "buyer_edu_secondary": null, "buyer_gdp_mn_2030_proj": null, "buyer_gdp_pc_2030_proj": null, "buyer_gdp_pc_growth_pct": null, "buyer_gdp_mn_growth_pct": null, "buyer_pop_growth_pct": null, "exports_latest_usd": 15550963.379311303, "exports_avg_usd": 23024897.557682797, "exports_peak_usd": 113265520.76849073, "share_latest_pct": 7.67985201217606, "share_avg_pct": 45.0012588171822, "share_peak_pct": 99.99996391000494, "share_change_1y_pp": 6.934990905026127, "share_trend_pp_per_yr": 0.524198, "cagr_full_pct": 10.6024, "yoy_avg_pct": 291.9896, "yoy_latest_pct": 2860.1394, "trend_consistency_pct": 81.8182, "exports_proj_3y_usd": 21040274.44, "exports_proj_5y_usd": 25738355.87, "your_share_gap_pp": 45.4077, "addressable_proj_3y_usd": 98684149.11, "addressable_proj_5y_usd": 103448226.97, "peer_best_share_pct": 53.08754918306748, "peer_top_exporter": "COD", "num_suppliers_latest": 9, "buyer_herfindahl_index": 3994.59, "distance_km": null, "shares_official_language": null, "common_spoken_language_score": null, "has_wto_reported_fta": null, "buyer_is_eu_member": null, "buyer_biz_entry_days": null, "shared_legal_system": null, "shared_religion": null, "shares_land_border": null, "buyer_is_wto_member": null, "lane_volatility_cv": 1.3630051055173869, "lane_max_drawdown_pct": 99.53618220098332, "signal_flag": "Accelerating", "lane_data_years": 12, "lane_last_year": 2024, "access_data_year": 2024, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null, "rta_coverage_ratio": null, "buyer_macro_latest_year": 2024, "buyer_gdp_5y_cagr_pct": 10.836286255256834, "buyer_gdp_pc_5y_cagr_pct": 12.018236663180426, "buyer_population_5y_cagr_pct": -1.0551410583952703, "buyer_investment_5y_avg_pct": null, "buyer_savings_5y_avg_pct": null, "current_below_peak_usd": 97714557.38917942, "current_below_peak_pct": 86.27034663876509, "latest_vs_historical_avg_pct": -32.460227715009495, "share_change_all_pp": 6.290376, "volatility_label": "Highly volatile", "drawdown_label": "Still more than 50% below historical peak", "competition_label": "Concentrated buyer market", "demand_label": "Buyer demand stable or growing", "access_label": "Standard market access", "macro_resilience_label": "Buyer macro trend resilient", "risk_driver_labels": [ "high_volatility", "unrecovered_drawdown", "concentrated_buyer_market", "dominant_supplier" ], "risk_driver_count": 4, "attention_level": "Critical attention", "primary_risk_reason": "Current trade remains more than 50% below its historical peak" }, "routeHistory": [ { "year": 2006, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 2535085.9550979394, "yoy_growth_pct": null, "cagr_3y_pct": null }, { "year": 2011, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 2685438.224714716, "yoy_growth_pct": 5.930854901169136, "cagr_3y_pct": null }, { "year": 2013, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 5454024.97179641, "yoy_growth_pct": 103.09627388192149, "cagr_3y_pct": null }, { "year": 2014, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 9289151.137177072, "yoy_growth_pct": 70.31735617663435, "cagr_3y_pct": 54.168073913283955 }, { "year": 2015, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 10408583.412779737, "yoy_growth_pct": 12.050964173921862, "cagr_3y_pct": 57.081661701071006 }, { "year": 2016, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 15339964.828769946, "yoy_growth_pct": 47.37802658078738, "cagr_3y_pct": 41.156998107694555 }, { "year": 2017, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 24270027.890119184, "yoy_growth_pct": 58.214364641834095, "cagr_3y_pct": 37.73090953737708 }, { "year": 2018, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 61772590.99463837, "yoy_growth_pct": 154.5221261150146, "cagr_3y_pct": 81.05119554323174 }, { "year": 2019, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 113265520.76849073, "yoy_growth_pct": 83.35886344531309, "cagr_3y_pct": 94.72622924373752 }, { "year": 2020, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 15202073.483824955, "yoy_growth_pct": -86.57837497176457, "cagr_3y_pct": -14.438671859440944 }, { "year": 2023, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 525345.6454732011, "yoy_growth_pct": -96.5442500588346, "cagr_3y_pct": -79.58811530708438 }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "SRB", "hs_code": "260300", "export_value_usd": 15550963.379311303, "yoy_growth_pct": 2860.13938885967, "cagr_3y_pct": -48.41146549884198 } ], "corridorHistory": [ { "year": 2006, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 2535686.3071162165, "yoy_growth_pct": null, "cagr_3y_pct": null, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2007, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 181254.53735678404, "yoy_growth_pct": -92.85185486674331, "cagr_3y_pct": null, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2008, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 351618.3787151037, "yoy_growth_pct": 93.99149055395675, "cagr_3y_pct": null, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2009, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 300247.78865563206, "yoy_growth_pct": -14.609756818512132, "cagr_3y_pct": -50.89473067333643, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2010, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 717564.37932863, "yoy_growth_pct": 138.99072913793796, "cagr_3y_pct": 58.194238236566065, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2011, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 3335651.1869767113, "yoy_growth_pct": 364.8574097417746, "cagr_3y_pct": 111.69130532023593, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2012, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 158287.37526879838, "yoy_growth_pct": -95.25467843020292, "cagr_3y_pct": -19.21659522874425, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2013, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 5518408.7156230565, "yoy_growth_pct": 3386.322712883373, "cagr_3y_pct": 97.38659881274776, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2014, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 9383079.410332533, "yoy_growth_pct": 70.03233891988255, "cagr_3y_pct": 41.16323011925898, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2015, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 10512010.226978283, "yoy_growth_pct": 12.031559867249818, "cagr_3y_pct": 304.96096777611854, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2016, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 15385801.024270073, "yoy_growth_pct": 46.36402259944128, "cagr_3y_pct": 40.74579102920155, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2017, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 24433937.26567228, "yoy_growth_pct": 58.80835341058537, "cagr_3y_pct": 37.57811483040769, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2018, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 62269547.79848693, "yoy_growth_pct": 154.84860307786187, "cagr_3y_pct": 80.9380806260098, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2019, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 113417001.59736674, "yoy_growth_pct": 82.13879112210707, "cagr_3y_pct": 94.61934951920709, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2020, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 16042300.768167164, "yoy_growth_pct": -85.85547092391161, "cagr_3y_pct": -13.085734042447328, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2021, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 352035.2136435703, "yoy_growth_pct": -97.80558151395518, "cagr_3y_pct": -82.18564379720755, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2022, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 1088758.2699392708, "yoy_growth_pct": 209.27538716101856, "cagr_3y_pct": -78.7471210613991, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2023, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 1094543.815501826, "yoy_growth_pct": 0.5313893563240413, "cagr_3y_pct": -59.137760431335096, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "SRB", "export_value_usd": 16298657.761850925, "yoy_growth_pct": 1389.0822579248072, "cagr_3y_pct": 259.0778181706744, "distance_km": 2035, "capital_distance_km": 2035, "shares_land_border": 0, "shares_official_language": 0, "shares_ethnic_language": 0, "shared_religion": null, "shared_legal_system": 1, "shared_colonial_history": 0, "has_fta": 0, "rta_coverage_ratio": null, "exporter_is_wto": 1, "importer_is_wto": 0, "exporter_is_eu": 0, "importer_is_eu": 0, "importer_gdp_million_usd": 63068.134601000005, "importer_gdp_per_capita_usd": 9214.993546391494, "importer_population": 6844.078, "importer_biz_entry_days": 7, "importer_biz_entry_cost_pct": 2.3, "exporter_gdp_million_usd": 13861.183874, "exporter_gdp_per_capita_usd": 4670.008798138086, "diplomatic_disagreement": 0.0069691674114986555, "scientific_collaboration": 0.007637194280952483, "avg_applied_tariff_pct": 6.247825097777777, "avg_mfn_tariff_pct": 6.247825097777777, "avg_preferential_tariff_pct": null, "tariff_advantage_pp": null } ], "relatedAnomalies": [ { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "HKG", "hs_code": "711319", "market_imports_usd": 17035963921.793072, "momentum_yoy_pct": 43510.5451087719, "anomaly_z_score": 3.997214844463119, "anomaly_type": "spike", "anomaly_severity": "99.93037111157797", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "China, Hong Kong SAR" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "DEU", "hs_code": "870323", "market_imports_usd": 11474635439.624708, "momentum_yoy_pct": 10767.343303108553, "anomaly_z_score": 2.410197452147287, "anomaly_type": "spike", "anomaly_severity": "60.25493630368217", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "Germany" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "DEU", "hs_code": "880330", "market_imports_usd": 10564543298.762512, "momentum_yoy_pct": 20790.06221577435, "anomaly_z_score": 2.824467226500157, "anomaly_type": "spike", "anomaly_severity": "70.61168066250393", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "Germany" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "CHN", "hs_code": "261690", "market_imports_usd": 7259984283.027792, "momentum_yoy_pct": 664348372.966644, "anomaly_z_score": 3.162277656926794, "anomaly_type": "spike", "anomaly_severity": "79.05694142316985", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "CHN" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "FRA", "hs_code": "851762", "market_imports_usd": 4780781810.074173, "momentum_yoy_pct": 237912.64377782078, "anomaly_z_score": 4.109811332830849, "anomaly_type": "spike", "anomaly_severity": "100", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "France" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "USA", "hs_code": "420292", "market_imports_usd": 4467163099.035772, "momentum_yoy_pct": 10853886.72596589, "anomaly_z_score": 4.242318357018596, "anomaly_type": "spike", "anomaly_severity": "100", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "USA, Puerto Rico and US Virgin Islands" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "IRL", "hs_code": "847330", "market_imports_usd": 2681628465.2242756, "momentum_yoy_pct": 24870.412263256847, "anomaly_z_score": 3.0684741024107125, "anomaly_type": "spike", "anomaly_severity": "76.71185256026781", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "IRL" }, { "year": 2024, "exporter_iso3": "ARM", "importer_iso3": "USA", "hs_code": "620343", "market_imports_usd": 2367778354.7895765, "momentum_yoy_pct": 996.3360737525174, "anomaly_z_score": 2.5568731610134714, "anomaly_type": "spike", "anomaly_severity": "63.921829025336784", "new_corridor_signal_type": "", "new_corridor_signal_strength": 0, "exporter_name": "Armenia", "importer_name": "USA, Puerto Rico and US Virgin Islands" } ], "links": { "html": "https://www.yugalinks.com/trade/signal/anomaly/arm-srb-260300", "markdown": "https://www.yugalinks.com/trade/signal/anomaly/arm-srb-260300/index.md", "json": "https://www.yugalinks.com/trade/signal/anomaly/arm-srb-260300/index.json", "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/arm-srb-260300/index.ld.json", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology" }, "methodology": { "summary": "Reported trade observations and calculated indicators are shown separately. An unusual movement is a research prompt, not a causal conclusion or commercial forecast.", "url": "https://www.yugalinks.com/methodology" }, "generatedAt": "2026-09-03T08:57:46.328Z", "artifactContract": { "html": "Full visual page", "markdown": "Readable page content and evidence", "json": "Complete page data", "jsonLd": "Page metadata, FAQ, and provenance" } }