Drop in Armenian exports and imports eased in September due to gradual cessation of re-exports – WB

YEREVAN, November 25. /ARKA/. In September, contraction in Armenian exports and imports moderated due to the phasing out of re-exports, according to the World Bank’s Armenia Monthly Economic Update – November 2025.

Exports fell 24.4 percent (yoy) in September compared with 40.8 percent (yoy) in August. Imports fell 19.5 percent (yoy), following a 28.3 percent (yoy) contraction in August.

This was mostly driven by the fall in exports (down 67.2 percent, yoy) and imports (down 78.7 percent, yoy) of precious and semi-precious stones and metals.

The fall in exports was also driven by contraction in livestock (down 30.4 percent, yoy); textiles (down 17.6 percent, yoy); and transport (down 15.2 percent, yoy). This was partly offset by increases in the export of minerals (up 56.3 percent, yoy); ready food products (up 20.5 percent, yoy); and machinery (up 14.5 percent, yoy). In September, excluding the reexport trade in precious metals and stones, exports and imports grew 16.7 percent (yoy) and 7.3 percent (yoy), respectively. Cumulative year-t-date-(ytd) exports contracted 46.8 percent (yoy), and imports fell 33.4 percent (yoy). In October, following a slow start in early 2025, Armenia’s tourist arrivals increased 4.4 percent (yoy), at a slower pace than over the summer.

According to Armstat, Armenia's foreign trade in September stood at $1.6 billion, a 21.6% decline compared to September 2024. Exports stood at $658.9 million, while imports at $944.2 million.-0--