Armenia's foreign trade turnover for the first 11 months has dropped by 33.2%, totalling $18.9 billion. Russia is at the forefront, with China and the UAE following closely behind
14.01.2026,
10:24
The volume of Armenia's foreign and mutual trade from January to November 2025, in comparison to the same timeframe in 2024, has decreased by 33.2%, reaching $18,908,366.3 thousand, as reported by the Statistical Committee.
YEREVAN, January 14. /АРКА/. The volume of Armenia's foreign and mutual trade from January to November 2025, in comparison to the same timeframe in 2024, has decreased by 33.2%, reaching $18,908,366.3 thousand, as reported by the Statistical Committee.
Trade with Russia dropped by 43% to over $6.7 billion, while trade with China fell by 10% to over $2.3 billion and that with the UAE slashed by over 65% to about $1. 8 billion.
In November 2025, this figure was $2,282.6 million, reflecting a 15.3% increase from November 2024 and a 16.2% rise from October 2025.
It is important to note that the growth in Armenia's foreign trade turnover began to decelerate starting July 2024 and entered a decline from January 2025.
Specifically, in January 2025, there was a 40% decrease compared to January 2024, a 54.2% drop in the first quarter, a 45% decline in the first half, and a 39.3% reduction over three quarters.
Foreign trade turnover statistics indicate that Armenia's exports for January-November 2025 fell by 40.6% compared to the same period in 2024, amounting to $7,349,013.6 thousand. In November 2025, exports reached $902.7 million, which is a 17.3% increase from November 2024 and an 18.1% rise from October 2025.
The import volume for Armenia during January-November 2025 was $11,559,352.7 thousand, showing a 27.4% decrease compared to January-November 2024. In November 2025, imports totaled $1,379.9 million, marking a 14% increase from November 2024 and a 15% rise from October of the same year.
Trade with Russia dropped by 43% to over $6.7 billion, while trade with China fell by 10% to over $2.3 billion and that with the UAE slashed by over 65% to about $1. 8 billion.
In November 2025, this figure was $2,282.6 million, reflecting a 15.3% increase from November 2024 and a 16.2% rise from October 2025.
It is important to note that the growth in Armenia's foreign trade turnover began to decelerate starting July 2024 and entered a decline from January 2025.
Specifically, in January 2025, there was a 40% decrease compared to January 2024, a 54.2% drop in the first quarter, a 45% decline in the first half, and a 39.3% reduction over three quarters.
Foreign trade turnover statistics indicate that Armenia's exports for January-November 2025 fell by 40.6% compared to the same period in 2024, amounting to $7,349,013.6 thousand. In November 2025, exports reached $902.7 million, which is a 17.3% increase from November 2024 and an 18.1% rise from October 2025.
The import volume for Armenia during January-November 2025 was $11,559,352.7 thousand, showing a 27.4% decrease compared to January-November 2024. In November 2025, imports totaled $1,379.9 million, marking a 14% increase from November 2024 and a 15% rise from October of the same year.
