{
  "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": "India to Armenia trade anomaly | HS 320419 | Yugalinks",
    "description": "Reported trade anomaly for India to Armenia in dyes (HS 320419), with anomaly severity, market value, history, and context.",
    "canonical": "https://www.yugalinks.com/trade/signal/anomaly/ind-arm-320419",
    "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": "IND-ARM HS 320419",
      "url": "https://www.yugalinks.com/trade/signal/anomaly/ind-arm-320419"
    }
  ],
  "sections": [
    "overview",
    "history",
    "context",
    "related-movements",
    "faq",
    "data-source"
  ],
  "anomaly": {
    "year": 2024,
    "exporter_iso3": "IND",
    "importer_iso3": "ARM",
    "hs_code": "320419",
    "market_imports_usd": 2141674.9345196383,
    "momentum_yoy_pct": 14773.5838024939,
    "anomaly_z_score": 3.995064865922049,
    "anomaly_type": "spike",
    "anomaly_severity": "99.87662164805123",
    "new_corridor_signal_type": "",
    "new_corridor_signal_strength": 0
  },
  "opportunity": {
    "exporter_iso3": "IND",
    "importer_iso3": "ARM",
    "hs_code": "320419",
    "hs_description": "Dyes: n.e.c., including mixtures of colouring matter of two or more of those from item no. 3204.11 to 3204.19",
    "hs_chapter": "32",
    "hs_heading": "3204",
    "price_range_label": "High price range",
    "trade_type_label": "One-way trade",
    "substitution_elasticity": -7.2342267,
    "buyer_imports_latest_usd": 2141674.9345196383,
    "buyer_imports_avg_usd": 233275.0731444752,
    "buyer_imports_peak_usd": 2141674.9345196383,
    "buyer_cagr_full_pct": 25.203,
    "buyer_yoy_avg_pct": 196.6225,
    "buyer_yoy_latest_pct": 222.3388,
    "buyer_trend_consistency_pct": 58.6207,
    "buyer_imports_proj_3y_usd": 4182958.86,
    "buyer_imports_proj_5y_usd": 6535873.21,
    "buyer_gdp_mn_latest": 13861.183874,
    "buyer_gdp_pc_latest": 4670,
    "buyer_population_latest": 2968.128,
    "buyer_investment_rate": 25.94,
    "buyer_savings_rate": 4.26,
    "buyer_edu_secondary": 96.64,
    "buyer_gdp_mn_2030_proj": 15257.12,
    "buyer_gdp_pc_2030_proj": 5156.77,
    "buyer_gdp_pc_growth_pct": 10.42,
    "buyer_gdp_mn_growth_pct": 10.07,
    "buyer_pop_growth_pct": -0.32,
    "exports_latest_usd": 80342.32213328846,
    "exports_avg_usd": 39985.85103004158,
    "exports_peak_usd": 219055.99142702366,
    "share_latest_pct": 3.751377991044595,
    "share_avg_pct": 11.407173783871123,
    "share_peak_pct": 34.09685558773787,
    "share_change_1y_pp": 3.6700784985751205,
    "share_trend_pp_per_yr": -0.169208,
    "cagr_full_pct": 24.133,
    "yoy_avg_pct": 960.0881,
    "yoy_latest_pct": 14773.5838,
    "trend_consistency_pct": 58.8235,
    "exports_proj_3y_usd": 153676.09,
    "exports_proj_5y_usd": 236799.58,
    "your_share_gap_pp": 81.8963,
    "addressable_proj_3y_usd": 3425687.07,
    "addressable_proj_5y_usd": 5352636.04,
    "peer_best_share_pct": 85.6476428584931,
    "peer_top_exporter": "POL",
    "num_suppliers_latest": 13,
    "buyer_herfindahl_index": 7376.42,
    "distance_km": 3245.064453125,
    "shares_official_language": 0,
    "common_spoken_language_score": 0,
    "has_wto_reported_fta": 0,
    "buyer_is_eu_member": 0,
    "buyer_biz_entry_days": 4,
    "shared_legal_system": 0,
    "shared_religion": 0,
    "shares_land_border": 0,
    "buyer_is_wto_member": 1,
    "lane_volatility_cv": 1.498871384052215,
    "lane_max_drawdown_pct": 99.75341104558693,
    "signal_flag": "Accelerating",
    "lane_data_years": 18,
    "lane_last_year": 2024
  },
  "lane": {
    "exporter_iso3": "IND",
    "importer_iso3": "ARM",
    "hs_code": "320419"
  },
  "routeHistory": [
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 1640.4869388872462,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 3003.8161079428023,
      "yoy_growth_pct": 83.10515230193249,
      "cagr_3y_pct": null
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 659.7335631294546,
      "yoy_growth_pct": -78.03681918527028,
      "cagr_3y_pct": null
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 4193.535318506739,
      "yoy_growth_pct": 535.6407423952558,
      "cagr_3y_pct": 36.731688210685796
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 8212.720716073087,
      "yoy_growth_pct": 95.84241200566603,
      "cagr_3y_pct": 39.831356524640206
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 3931.9243322465272,
      "yoy_growth_pct": -52.12397367231334,
      "cagr_3y_pct": 81.3060059876636
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 16905.518637942532,
      "yoy_growth_pct": 329.95534017012653,
      "cagr_3y_pct": 59.15345265975651
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 10435.188649984468,
      "yoy_growth_pct": -38.27347818502378,
      "cagr_3y_pct": 8.310630376589945
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 2565.7014918077257,
      "yoy_growth_pct": -75.41298410727299,
      "cagr_3y_pct": -13.263813236502875
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 6361.8926387656875,
      "yoy_growth_pct": 147.95919007254682,
      "cagr_3y_pct": -27.802978842826253
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 5604.104718686117,
      "yoy_growth_pct": -11.911359765206509,
      "cagr_3y_pct": -18.716577979116465
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 26775.320636455224,
      "yoy_growth_pct": 377.7805194677501,
      "cagr_3y_pct": 118.52922112265038
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 78652.32547817561,
      "yoy_growth_pct": 193.74933187947946,
      "cagr_3y_pct": 131.2287034328426
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 129919.03848153063,
      "yoy_growth_pct": 65.18143321468666,
      "cagr_3y_pct": 185.1382754408961
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 120945.52939146338,
      "yoy_growth_pct": -6.907000848334421,
      "cagr_3y_pct": 65.30464091359593
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 219055.99142702366,
      "yoy_growth_pct": 81.11954408666647,
      "cagr_3y_pct": 40.695818217263316
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 540.1678788391081,
      "yoy_growth_pct": -99.75341104558692,
      "cagr_3y_pct": -83.92002685263355
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "hs_code": "320419",
      "export_value_usd": 80342.32213328846,
      "yoy_growth_pct": 14773.5838024939,
      "cagr_3y_pct": -12.746098874148636
    }
  ],
  "corridorHistory": [
    {
      "year": 1995,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 56103,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 1996,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 427826.70222354826,
      "yoy_growth_pct": 662.5736631259439,
      "cagr_3y_pct": null,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 1997,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 956567.5408935809,
      "yoy_growth_pct": 123.58761992227278,
      "cagr_3y_pct": null,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 1998,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 143706.23648666363,
      "yoy_growth_pct": -84.97688554721185,
      "cagr_3y_pct": 36.824281731448,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 1999,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 1215043.0163279416,
      "yoy_growth_pct": 745.5047227130614,
      "cagr_3y_pct": 41.614564850784404,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2000,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 1860454.1850957945,
      "yoy_growth_pct": 53.11838018034876,
      "cagr_3y_pct": 24.824867365687766,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2001,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 2492180.754265112,
      "yoy_growth_pct": 33.9555025987802,
      "cagr_3y_pct": 158.8419367339302,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2002,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 2458408.7689783904,
      "yoy_growth_pct": -1.3551178111348539,
      "cagr_3y_pct": 26.4796963422393,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2003,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 3926630.7381262197,
      "yoy_growth_pct": 59.722450866377265,
      "cagr_3y_pct": 28.272539865528845,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2004,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 6324046.884572815,
      "yoy_growth_pct": 61.05529922048738,
      "cagr_3y_pct": 36.39711392928173,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2005,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 8724692.639893843,
      "yoy_growth_pct": 37.96059389087198,
      "cagr_3y_pct": 52.53353899657498,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2006,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 13963587.960323397,
      "yoy_growth_pct": 60.046760804782906,
      "cagr_3y_pct": 52.63670691706923,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2007,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 16873871.191522017,
      "yoy_growth_pct": 20.841944344591056,
      "cagr_3y_pct": 38.698963688157306,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2008,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 32587329.089232326,
      "yoy_growth_pct": 93.12301675981303,
      "cagr_3y_pct": 55.15515519810283,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2009,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 32494917.38837538,
      "yoy_growth_pct": -0.2835816970574667,
      "cagr_3y_pct": 32.51736876196203,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2010,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 29930729.359471302,
      "yoy_growth_pct": -7.891043384592145,
      "cagr_3y_pct": 21.05076084424362,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2011,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 55117847.87206135,
      "yoy_growth_pct": 84.15136901640459,
      "cagr_3y_pct": 19.146465042275864,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2012,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 52951398.924406156,
      "yoy_growth_pct": -3.9305760861416794,
      "cagr_3y_pct": 17.67584720302149,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2013,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 72135920.69299598,
      "yoy_growth_pct": 36.23043424400893,
      "cagr_3y_pct": 34.074059678747325,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2014,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 98139071.54904698,
      "yoy_growth_pct": 36.04743740184322,
      "cagr_3y_pct": 21.203891619513037,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2015,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 47335316.527707875,
      "yoy_growth_pct": -51.76710378388785,
      "cagr_3y_pct": -3.668287148716032,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2016,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 48503255.86984429,
      "yoy_growth_pct": 2.467374104180231,
      "cagr_3y_pct": -12.392805864800193,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2017,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 38849885.21504664,
      "yoy_growth_pct": -19.902520937361235,
      "cagr_3y_pct": -26.574102280656795,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2018,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 52494763.08430433,
      "yoy_growth_pct": 35.12205452790633,
      "cagr_3y_pct": 3.508710483769706,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2019,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 86544747.25734589,
      "yoy_growth_pct": 64.86358290322931,
      "cagr_3y_pct": 21.289519024959237,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2020,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 67956262.33060019,
      "yoy_growth_pct": -21.47846693857889,
      "cagr_3y_pct": 20.488772901149854,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2021,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 81924391.2605797,
      "yoy_growth_pct": 20.554586804709785,
      "cagr_3y_pct": 15.993169150901387,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2022,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 156028384.80312684,
      "yoy_growth_pct": 90.45412776622537,
      "cagr_3y_pct": 21.70851577004491,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2023,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 217563314.5024123,
      "yoy_growth_pct": 39.438291806281825,
      "cagr_3y_pct": 47.38458428012713,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "ARM",
      "export_value_usd": 222153024.73433888,
      "yoy_growth_pct": 2.109597494606885,
      "cagr_3y_pct": 39.4482288406671,
      "distance_km": 3243,
      "capital_distance_km": 3243,
      "shares_land_border": 0,
      "shares_official_language": 0,
      "shares_ethnic_language": 0,
      "shared_religion": 0,
      "shared_legal_system": 0,
      "shared_colonial_history": 0,
      "has_fta": 0,
      "rta_coverage_ratio": null,
      "exporter_is_wto": 1,
      "importer_is_wto": 1,
      "exporter_is_eu": 0,
      "importer_is_eu": 0,
      "importer_gdp_million_usd": 13861.183874,
      "importer_gdp_per_capita_usd": 4670.008798138086,
      "importer_population": 2968.128,
      "importer_biz_entry_days": 4,
      "importer_biz_entry_cost_pct": 0.8,
      "exporter_gdp_million_usd": 3173397.5908170003,
      "exporter_gdp_per_capita_usd": 2277.434305882774,
      "diplomatic_disagreement": 0.015057381680620735,
      "scientific_collaboration": 0.016619110950402003,
      "avg_applied_tariff_pct": 4.438762411226054,
      "avg_mfn_tariff_pct": 4.516500222720307,
      "avg_preferential_tariff_pct": 7.320322543103448,
      "tariff_advantage_pp": -2.8038223203831416
    }
  ],
  "relatedAnomalies": [
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "710812",
      "market_imports_usd": 41743878490.2161,
      "momentum_yoy_pct": 881312.983340332,
      "anomaly_z_score": 3.9915664466015692,
      "anomaly_type": "spike",
      "anomaly_severity": "99.78916116503923",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "China, Hong Kong SAR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "CHN",
      "hs_code": "848620",
      "market_imports_usd": 34193009725.873837,
      "momentum_yoy_pct": 32779.194222158236,
      "anomaly_z_score": 3.1207423798020977,
      "anomaly_type": "spike",
      "anomaly_severity": "78.01855949505244",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "CHN"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "hs_code": "847330",
      "market_imports_usd": 32437253404.79868,
      "momentum_yoy_pct": -99.48236316295385,
      "anomaly_z_score": -2.384467431425413,
      "anomaly_type": "drop",
      "anomaly_severity": "59.61168578563532",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "USA",
      "hs_code": "710812",
      "market_imports_usd": 21528311466.103046,
      "momentum_yoy_pct": 471614.5912097896,
      "anomaly_z_score": 3.681367488809768,
      "anomaly_type": "spike",
      "anomaly_severity": "92.0341872202442",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "USA, Puerto Rico and US Virgin Islands"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "KOR",
      "hs_code": "854239",
      "market_imports_usd": 15909752628.038187,
      "momentum_yoy_pct": 963.6188028225067,
      "anomaly_z_score": 4.1058251398481795,
      "anomaly_type": "spike",
      "anomaly_severity": "100",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "KOR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "THA",
      "hs_code": "710812",
      "market_imports_usd": 14067731674.616661,
      "momentum_yoy_pct": 85725.07907115985,
      "anomaly_z_score": 3.8673020105047353,
      "anomaly_type": "spike",
      "anomaly_severity": "96.68255026261838",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "Thailand"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "HKG",
      "hs_code": "847330",
      "market_imports_usd": 11747584627.6957,
      "momentum_yoy_pct": 314.3558382817881,
      "anomaly_z_score": 3.295197390936888,
      "anomaly_type": "spike",
      "anomaly_severity": "82.3799347734222",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "China, Hong Kong SAR"
    },
    {
      "year": 2024,
      "exporter_iso3": "IND",
      "importer_iso3": "TWN",
      "hs_code": "848620",
      "market_imports_usd": 10604578489.389444,
      "momentum_yoy_pct": 67816.17736874423,
      "anomaly_z_score": 2.998089349459092,
      "anomaly_type": "spike",
      "anomaly_severity": "74.9522337364773",
      "new_corridor_signal_type": "",
      "new_corridor_signal_strength": 0,
      "exporter_name": "India",
      "importer_name": "Taiwan"
    }
  ],
  "links": {
    "html": "https://www.yugalinks.com/trade/signal/anomaly/ind-arm-320419",
    "markdown": "https://www.yugalinks.com/trade/signal/anomaly/ind-arm-320419/index.md",
    "json": "https://www.yugalinks.com/trade/signal/anomaly/ind-arm-320419/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/signal/anomaly/ind-arm-320419/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": "2026-09-03T09:34:33.925Z",
  "artifactContract": {
    "html": "Full visual page",
    "markdown": "Readable page content and evidence",
    "json": "Complete page data",
    "jsonLd": "Page metadata, FAQ, and provenance"
  }
}