# Germany to Armenia HS 721049 new corridor signal

This page reviews a reported new-corridor signal for iron or non-alloy steel: flat-rolled, width 600mm or more, (not corrugated), plated or coated with zinc (not electrolytically). It separates reported trade observations from calculated indicators and access context.

## Signal summary

- Signal type: New corridor
- Signal strength: 67/100
- Reported period: 2024
- Buyer market imports: $25.1M
- Buyer market growth: +19.4%
- Current exporter share: 0.0%
- Share gap: 91.9%

## What the signal means

The signal points to a newly observed exporter-to-buyer relationship in the available reporting. It is a prompt for market research, not a forecast, order, or guarantee of commercial access. Compare demand, suppliers, access, and route history together before acting.

## Market opportunity

- Latest buyer imports: $25.1M
- Three-year buyer-import projection: $44.1M
- Supplier countries observed: 9
- Average buyer imports: $7.6M
- Historical buyer-import peak: $25.1M
- Full-history buyer-import CAGR: +20.6%
- Latest buyer-import annual change: +19.4%

## Competition landscape

- Top supplier: IRN
- Top supplier share: 91.9%
- Market concentration: 8,486
- Exporter share: 0.0%
- Share gap to peer benchmark: 91.9%

## Access profile

- Applied tariff: Not reported
- MFN tariff: Not reported
- Preferential tariff: Not reported
- Approximate distance: 3,126 km
- Trade agreement: Reported yes
- Business entry time: 4 days
- Shared spoken language score: 0

## Buyer economy

- GDP per person: $4.7K
- GDP per-person growth: +10.4%
- Population: 2,968k
- GDP: $13.9B
- GDP five-year CAGR: Not reported
- Investment rate: 25.9%
- Savings rate: 4.3%

## Product-level history

| Year | Product exports | Year-on-year |
| ---: | ---: | ---: |
| 2024 | $2.3K | +0.0% |

## Broader route context

Broader Germany to Armenia route exports provide route context only; they are not presented as HS 721049 product-level trade.

| Year | Route exports | Year-on-year |
| ---: | ---: | ---: |
| 1995 | $20.5M | +0.0% |
| 1996 | $61.7M | +201.0% |
| 1997 | $29.4M | -52.4% |
| 1998 | $23.0M | -21.8% |
| 1999 | $28.2M | +22.8% |
| 2000 | $34.6M | +22.7% |
| 2001 | $35.3M | +1.9% |
| 2002 | $40.6M | +15.2% |
| 2003 | $66.1M | +62.8% |
| 2004 | $60.0M | -9.2% |
| 2005 | $118.7M | +97.7% |
| 2006 | $99.8M | -15.9% |
| 2007 | $126.2M | +26.5% |
| 2008 | $153.1M | +21.3% |
| 2009 | $197.9M | +29.3% |
| 2010 | $159.6M | -19.4% |
| 2011 | $171.9M | +7.7% |
| 2012 | $183.7M | +6.8% |
| 2013 | $178.3M | -2.9% |
| 2014 | $180.1M | +1.0% |
| 2015 | $175.4M | -2.6% |
| 2016 | $170.9M | -2.6% |
| 2017 | $177.5M | +3.9% |
| 2018 | $244.3M | +37.6% |
| 2019 | $228.6M | -6.4% |
| 2020 | $226.3M | -1.0% |
| 2021 | $219.0M | -3.2% |
| 2022 | $484.9M | +121.5% |
| 2023 | $555.0M | +14.5% |
| 2024 | $447.2M | -19.4% |

## Related new-corridor signals

| Exporter to buyer | Product | Signal type | Buyer imports | Page |
| --- | --- | --- | ---: | --- |
| Germany to Thailand | HS 230400 | New corridor | $1.2B | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-tha-230400) |
| Germany to Ukraine | HS 271600 | New corridor | $935.6M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-ukr-271600) |
| Germany to Morocco | HS 270112 | New corridor | $562.6M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-mar-270112) |
| Germany to NPL | HS 271012 | New corridor | $502.0M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-npl-271012) |
| Germany to Mexico | HS 071333 | New corridor | $454.8M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-mex-071333) |
| Germany to KHM | HS 430110 | New corridor | $358.2M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-khm-430110) |
| Germany to BRA | HS 100590 | New corridor | $279.1M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-bra-100590) |
| Germany to Egypt | HS 010229 | New corridor | $238.6M | [Review this signal](https://www.yugalinks.com/trade/signal/new-corridor/deu-egy-010229) |

## Frequently asked questions

### What does a new corridor signal mean?

It identifies an exporter, buyer market, and HS6 combination included in the available new-corridor signal set for 2024. It is a research prompt, not a guarantee of demand or sales.

### Is the market opportunity reported trade?

Reported buyer imports and exporter share are observations. Any projection or share-gap measure is calculated from the available data and should not be treated as an order or forecast.

### What should exporters check next?

Validate product fit, buyers, tariffs, standards, logistics, pricing, competition, and the depth of product-level history before pursuing the route.

## Method

The signal is a calculated research indicator based on available reported trade observations. It is not a confirmed order, sales forecast, or guarantee of market entry. Validate buyers, tariffs, standards, logistics, pricing, and competition before acting.

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-09-02). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.