Armenia's foreign trade turnover decreased by 39.3% in the first nine months, amounting to $14.6 billion. Russia surpasses China and the UAE in the top three
06.11.2025,
14:37
Armenia's foreign and mutual trade turnover in January-September 2025, compared to the same period in 2024, decreased by 39.3% and amounted to $14,563,975.9 thousand, according to the Statistical Committee of the Republic of Armenia.
YEREVAN, November 6. /ARKA/. Armenia's foreign and mutual trade turnover in January-September 2025, compared to the same period in 2024, decreased by 39.3% and amounted to $14,563,975.9 thousand, according to the Statistical Committee of the Republic of Armenia.
In September 2025, this figure amounted to $1,603.1 million, a decrease of 21.6% compared to September 2024, and an increase of 4.4% compared to August 2025.
It should be noted that Armenia's foreign trade turnover began to slow in July of last year, and has declined since January of this year: by 40% in January 2025 compared to January 2024, by 54.2% in the first quarter, and by 45% in the first half of the year.
Foreign Trade Turnover
Foreign trade turnover with the CIS countries for the first nine months of this year amounted to $5,360,392.6 thousand, a decrease of 48.4% compared to January-September of last year, including with the EAEU - $5,224,563.0 thousand (a decrease of 49.2%). Armenia's largest foreign trade partners are Russia (trade turnover for the first nine months of this year was $4,971,691,500, a 50.5% decline compared to the same period last year), Belarus ($185,566,100, an increase of 21.9%), and Ukraine ($76,111,900, an increase of 18.1%).
Armenia's foreign trade turnover with EU countries during the reporting period amounted to $1,798,572,900, an increase of 6.1%. The republic's five largest trading partners among European countries include Germany ($341,018.5 thousand, a decline of 2.2%), Italy ($329,155.9 thousand, an increase of 4.4%), France ($162,436.2 thousand, an increase of 43.1%), the Netherlands ($154,342.2 thousand, an increase of 24.9%) and Belgium ($148,505.9 thousand, an increase of 7.6%).
Among other countries in terms of trade turnover with Armenia for the first three quarters of 2025, the following stand out: China ($1,883,515.2 thousand, a decline of 9.2%), the UAE ($1,374,196.5 thousand, a decline of 70.2%), Iran ($555,435.1 thousand, an increase of 6.7%), the USA ($264,562.0 thousand, a decline of 18.1%), Iraq ($248,350.2 thousand, an increase of 59.9%), Georgia ($200,502.8 thousand, a decline of 16.9%), Switzerland ($140,071.7 thousand, an increase of 7.9%) and Japan ($109,159.2 thousand, an increase of 16%).
Exports
According to statistics, exports from Armenia in January-September 2025 decreased by 46.8% compared to January-September 2024, amounting to $5,662,739.5 thousand. In September 2025, this figure amounted to $658.9 million, a decrease of 24.4% compared to September 2024, and an increase of 11.9% compared to August 2025.
The volume of exports from Armenia to the CIS countries for the 2025 reporting period amounted to $2,328,894.0 thousand, a decrease of 6.6% compared to the same period last year, including exports to the EAEU - $2,283,971.4 thousand (a decline of 7.2%). The top three countries by export volume are Russia ($2,107,899.7 thousand, a decline of 9.2%), Belarus ($127,297.8 thousand, an increase of 52.6%), and Kazakhstan ($41,633.8 thousand, an increase of 8%).
Export volume to the EU countries for the first nine months of 2025 increased by 6.7% compared to the first nine months of 2024, amounting to $474,521.1 thousand. The top three countries by export volume are Belgium ($109,796.1 thousand, an increase of 15%), the Netherlands ($104,978.8 thousand, an increase of 28.4%), and Germany ($84,720.4 thousand, an increase of 86.7%). Other countries with the largest export volumes from Armenia include the UAE ($1,316,037.4 thousand, a decline of 71.1%), China ($491,608.6 thousand, a decline of 45.8%), Iraq ($247,260.8 thousand, an increase of 59.6%), Switzerland ($112,609.8 thousand, an increase of 29.8%), Georgia ($97,167.2 thousand, a decline of 21.5%), Iran ($69,433.7 thousand, a decline of 14.5%) and the United States ($37,269.9 thousand, a decline of 8.4%). According to statistics, the most significant export items in the reporting period were presented in the following commodity groups: “precious and semi-precious stones, precious metals and products made of them” - $1,721,425.8 thousand (a decline of 75.3% compared to the three quarters of 2024), “machinery, equipment and mechanisms” - $971,094.9 thousand (an increase of 0.4%), “finished food industry products” - $861,369.4 thousand (an increase of 27.7%), “mining industry” - $840,604.0 thousand (an increase of 9.8%), “textiles and products made of them” - $242,432.7 thousand (a decline of 12.3%), “products of plant origin” - $233,780.8 thousand (an increase of 27.4%), “non-precious metals and products made from them” - $223,168.1 thousand (a decline of 9.9%) and “instruments and apparatus” - $159,010.3 thousand (an increase of 46%).
Imports
According to statistics, imports to Armenia from January to September 2025 amounted to $8,901,236.4 thousand, a 33.4% decline compared to January to September 2024. In September 2025, this figure was $944.2 million, a 19.5% decrease compared to September 2024, and a 0.2% decrease compared to August of the same year.
Imports from the CIS during the reporting period amounted to $3,186,878.9 thousand for exporting countries (a 60.5% decline) and $3,031,498.6 thousand for producing countries (a 61.6% decline). Imports from the EAEU by exporting countries amounted to $3,090,746.6 thousand (a decline of 61.3%), and by producing countries - $2,940,591.6 thousand (a decline of 62.4%). The top three exporting countries were Russia ($2,991,924.5 thousand, a decline of 62%), Ukraine ($72,983.4 thousand, an increase of 22.1%), and Belarus ($63,045.2 thousand, a decline of 7.5%). By producing countries, the leaders were the same, with the following indicators: Russia - $2,863,791.8 thousand (a decline of 62.9%), Ukraine - $67,570.3 thousand (an increase of 17.6%), and Belarus - $58,268.3 thousand (a decline of 15.4%). The volume of imports from the EU by exporting countries increased by 6.5% in the first nine months of this year compared to the first nine months of last year, amounting to $1,550,070.7 thousand, while by producing countries, the growth was 5.9% to $1,324,051.8 thousand. The top three exporting countries are Germany ($295,254.6 thousand, a decline of 7.1%), Italy ($287,571.9 thousand, an increase of 13.7%), and the Netherlands ($140,126.0 thousand, an increase of 0.6%). Among producing countries, the leaders are Italy ($281,887.9 thousand, an increase of 5.7%), Germany ($256,298.1 thousand, a decrease of 15.5%), and France ($157,651.5 thousand, an increase of 47%). Other countries with the highest import volumes among exporting countries include China ($992,974.2 thousand, up 27.9%), Georgia ($535,348.3 thousand, down 7.5%), Iran ($489,959.7 thousand, up 9%), the United States ($289,093.8 thousand, up 2.8%), and the UAE ($294,256.8 thousand, down 12.5%). The top five producers by country are China ($1,391,906.6 thousand, up 19.3%), Iran ($486,001.4 thousand, up 10.6%), the United States ($227,292.1 thousand, down 19.5%), Georgia ($103,335.6 thousand, down 12.2%), and Japan ($92,222.0 thousand, up 6.3%).
At the same time, according to official statistics, for the three quarters of 2025, the prevailing imports were in the following commodity groups: “machinery, equipment and mechanisms” - $1,916,127.5 thousand (an increase of 0.3%), “precious and semi-precious stones, precious metals and products made of them” - $1,442,394.6 thousand (a decrease of 77.5%), “mining industry” - $847,295.0 thousand (an increase of 5.8%), “land, air and water transport vehicles” - $795,615.9 thousand (an increase of 15.9%), “finished food industry products” - $612,351.4 thousand (an increase of 18.7%), “products of the chemical and related industries” - $512,219.9 thousand (an increase of 7.6%), “textiles and textile products” - $473,332.0 thousand (a decline of 5.7%) and “base metals and products made from them” - $466,386.7 thousand (an increase of 6%).
In September 2025, this figure amounted to $1,603.1 million, a decrease of 21.6% compared to September 2024, and an increase of 4.4% compared to August 2025.
It should be noted that Armenia's foreign trade turnover began to slow in July of last year, and has declined since January of this year: by 40% in January 2025 compared to January 2024, by 54.2% in the first quarter, and by 45% in the first half of the year.
Foreign Trade Turnover
Foreign trade turnover with the CIS countries for the first nine months of this year amounted to $5,360,392.6 thousand, a decrease of 48.4% compared to January-September of last year, including with the EAEU - $5,224,563.0 thousand (a decrease of 49.2%). Armenia's largest foreign trade partners are Russia (trade turnover for the first nine months of this year was $4,971,691,500, a 50.5% decline compared to the same period last year), Belarus ($185,566,100, an increase of 21.9%), and Ukraine ($76,111,900, an increase of 18.1%).
Armenia's foreign trade turnover with EU countries during the reporting period amounted to $1,798,572,900, an increase of 6.1%. The republic's five largest trading partners among European countries include Germany ($341,018.5 thousand, a decline of 2.2%), Italy ($329,155.9 thousand, an increase of 4.4%), France ($162,436.2 thousand, an increase of 43.1%), the Netherlands ($154,342.2 thousand, an increase of 24.9%) and Belgium ($148,505.9 thousand, an increase of 7.6%).
Among other countries in terms of trade turnover with Armenia for the first three quarters of 2025, the following stand out: China ($1,883,515.2 thousand, a decline of 9.2%), the UAE ($1,374,196.5 thousand, a decline of 70.2%), Iran ($555,435.1 thousand, an increase of 6.7%), the USA ($264,562.0 thousand, a decline of 18.1%), Iraq ($248,350.2 thousand, an increase of 59.9%), Georgia ($200,502.8 thousand, a decline of 16.9%), Switzerland ($140,071.7 thousand, an increase of 7.9%) and Japan ($109,159.2 thousand, an increase of 16%).
Exports
According to statistics, exports from Armenia in January-September 2025 decreased by 46.8% compared to January-September 2024, amounting to $5,662,739.5 thousand. In September 2025, this figure amounted to $658.9 million, a decrease of 24.4% compared to September 2024, and an increase of 11.9% compared to August 2025.
The volume of exports from Armenia to the CIS countries for the 2025 reporting period amounted to $2,328,894.0 thousand, a decrease of 6.6% compared to the same period last year, including exports to the EAEU - $2,283,971.4 thousand (a decline of 7.2%). The top three countries by export volume are Russia ($2,107,899.7 thousand, a decline of 9.2%), Belarus ($127,297.8 thousand, an increase of 52.6%), and Kazakhstan ($41,633.8 thousand, an increase of 8%).
Export volume to the EU countries for the first nine months of 2025 increased by 6.7% compared to the first nine months of 2024, amounting to $474,521.1 thousand. The top three countries by export volume are Belgium ($109,796.1 thousand, an increase of 15%), the Netherlands ($104,978.8 thousand, an increase of 28.4%), and Germany ($84,720.4 thousand, an increase of 86.7%). Other countries with the largest export volumes from Armenia include the UAE ($1,316,037.4 thousand, a decline of 71.1%), China ($491,608.6 thousand, a decline of 45.8%), Iraq ($247,260.8 thousand, an increase of 59.6%), Switzerland ($112,609.8 thousand, an increase of 29.8%), Georgia ($97,167.2 thousand, a decline of 21.5%), Iran ($69,433.7 thousand, a decline of 14.5%) and the United States ($37,269.9 thousand, a decline of 8.4%). According to statistics, the most significant export items in the reporting period were presented in the following commodity groups: “precious and semi-precious stones, precious metals and products made of them” - $1,721,425.8 thousand (a decline of 75.3% compared to the three quarters of 2024), “machinery, equipment and mechanisms” - $971,094.9 thousand (an increase of 0.4%), “finished food industry products” - $861,369.4 thousand (an increase of 27.7%), “mining industry” - $840,604.0 thousand (an increase of 9.8%), “textiles and products made of them” - $242,432.7 thousand (a decline of 12.3%), “products of plant origin” - $233,780.8 thousand (an increase of 27.4%), “non-precious metals and products made from them” - $223,168.1 thousand (a decline of 9.9%) and “instruments and apparatus” - $159,010.3 thousand (an increase of 46%).
Imports
According to statistics, imports to Armenia from January to September 2025 amounted to $8,901,236.4 thousand, a 33.4% decline compared to January to September 2024. In September 2025, this figure was $944.2 million, a 19.5% decrease compared to September 2024, and a 0.2% decrease compared to August of the same year.
Imports from the CIS during the reporting period amounted to $3,186,878.9 thousand for exporting countries (a 60.5% decline) and $3,031,498.6 thousand for producing countries (a 61.6% decline). Imports from the EAEU by exporting countries amounted to $3,090,746.6 thousand (a decline of 61.3%), and by producing countries - $2,940,591.6 thousand (a decline of 62.4%). The top three exporting countries were Russia ($2,991,924.5 thousand, a decline of 62%), Ukraine ($72,983.4 thousand, an increase of 22.1%), and Belarus ($63,045.2 thousand, a decline of 7.5%). By producing countries, the leaders were the same, with the following indicators: Russia - $2,863,791.8 thousand (a decline of 62.9%), Ukraine - $67,570.3 thousand (an increase of 17.6%), and Belarus - $58,268.3 thousand (a decline of 15.4%). The volume of imports from the EU by exporting countries increased by 6.5% in the first nine months of this year compared to the first nine months of last year, amounting to $1,550,070.7 thousand, while by producing countries, the growth was 5.9% to $1,324,051.8 thousand. The top three exporting countries are Germany ($295,254.6 thousand, a decline of 7.1%), Italy ($287,571.9 thousand, an increase of 13.7%), and the Netherlands ($140,126.0 thousand, an increase of 0.6%). Among producing countries, the leaders are Italy ($281,887.9 thousand, an increase of 5.7%), Germany ($256,298.1 thousand, a decrease of 15.5%), and France ($157,651.5 thousand, an increase of 47%). Other countries with the highest import volumes among exporting countries include China ($992,974.2 thousand, up 27.9%), Georgia ($535,348.3 thousand, down 7.5%), Iran ($489,959.7 thousand, up 9%), the United States ($289,093.8 thousand, up 2.8%), and the UAE ($294,256.8 thousand, down 12.5%). The top five producers by country are China ($1,391,906.6 thousand, up 19.3%), Iran ($486,001.4 thousand, up 10.6%), the United States ($227,292.1 thousand, down 19.5%), Georgia ($103,335.6 thousand, down 12.2%), and Japan ($92,222.0 thousand, up 6.3%).
At the same time, according to official statistics, for the three quarters of 2025, the prevailing imports were in the following commodity groups: “machinery, equipment and mechanisms” - $1,916,127.5 thousand (an increase of 0.3%), “precious and semi-precious stones, precious metals and products made of them” - $1,442,394.6 thousand (a decrease of 77.5%), “mining industry” - $847,295.0 thousand (an increase of 5.8%), “land, air and water transport vehicles” - $795,615.9 thousand (an increase of 15.9%), “finished food industry products” - $612,351.4 thousand (an increase of 18.7%), “products of the chemical and related industries” - $512,219.9 thousand (an increase of 7.6%), “textiles and textile products” - $473,332.0 thousand (a decline of 5.7%) and “base metals and products made from them” - $466,386.7 thousand (an increase of 6%).
