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WB: sharp decline in exports and imports in Armenia in August caused by cessation of re-exports
In August, Armenian exports and imports contracted sharply due to the phasing out of re-exports, the World Bank says in its latest Armenia ... ....6 percent, yoy); and leather and fur (down 45.2 percent, yoy). This decline was partly offset by growth in exports of ready food products (up 18.4 percent, yoy) and machinery (up 5.3 percent, yoy). Excluding the re-export trade in precious metals and ...
10/22/2025IMF: Armenia's GDP growth projected to reach 5% in 2025, with inflation expected to align with the Central Bank's target
The real GDP growth in Armenia is anticipated to hit 5% in 2025 and 5.5% in 2026, while inflation is expected to remain close to the target set by the ... ... Employment growth has remained steady, while inflation saw a temporary rise to 3.7% (y/y) in September, primarily due to increases in food and service prices. Armenia's state budget for 2025 anticipates economic growth of 5.1%. According to the Central Bank's ...
10/17/2025Mass poisoning incident in Armavir: Nine individuals sought medical assistance
Nine residents of Armavir, Armenia, have sought medical assistance after reportedly being poisoned by donuts and lahmajo, according to the Food Safety Inspectorate. YEREVAN, October 10. /ARKA/. Nine residents of Armavir, Armenia, have sought medical assistance after reportedly being poisoned by donuts and lahmajo, according to the Food Safety Inspectorate. The inspectorate received a notification on Friday indicating that nine individuals had sought medical assistance ...
10/10/2025Manufacturing production in Armenia declines by 13.2% during first eight months, totaling 1.2 trillion drams
... million drams, reflecting a 13.2% decrease compared to the same period in 2024, as reported by the Statistical Committee of Armenia. YEREVAN, October 7. /ARKA/. The manufacturing output from January to August 2025 reached 1,190,906.1 million drams,... ... August was 164,258.5 million drams, indicating a 7.3% increase relative to August 2024, and a 14.3% rise compared to July 2025. Food production constituted the largest portion of the industry's overall structure in the first eight months of this year, representing ...
10/07/2025Armenia's foreign trade turnover decreased by 41.1% over first eight months, amounting to $12.9 billion
Armenia's foreign and mutual trade turnover in January-August 2025, compared to the same period in 2024, decreased by 41.1%, amounting ... ... January-August 2024), "machinery, equipment and mechanisms" - $ 830,252.4 thousand (a decline of 1.7%), "finished food industry products" - $ 755,414.7 thousand (an increase of 28.8%), "mining industry" - $ 715,411.5 thousand ...
10/06/2025Year-on-year inflation rate in Armenia recorded at 3.7% in September
In September 2025, when compared to September 2024, Armenia's inflation rate stood at 3.7%, reflecting a monthly rise of 0.3%, the Statistical Committee (Armstat) said. YEREVAN,... ... monthly rise of 0.3%, the Statistical Committee (Armstat) said. In September 2025, relative to September 2024, the prices of food items and non-alcoholic beverages rose by 5.8%, with a monthly increase of 0.3%. In September, the prices of alcoholic beverages ...
10/03/2025Acba Bank supports establishment of more than 1,240 hectares of intensive gardens
In Armenia, over 225,000 individuals are involved in agriculture; however, the impacts of climate change are presenting significant ... ... that these products gain international branding and recognition," stated Yasmin Siddique, Director of the ADB Agriculture, Food, Nature and Rural Development Sector. ACBA Bank is supervised by the Central Bank of Armenia.-0-
10/01/2025Regulator in Armenia suspends one of Elola's production functions
Employees of the Food Safety Inspectorate conducted inspections at Elola's dairy production facility (Verishen village, Syunik Province), the regulator's press service reported. YEREVAN, October 1. /ARKA/. Employees of the Food Safety Inspectorate conducted inspections at ...
10/01/2025World Bank Identifies Drivers of Economic Activity Growth in Armenia in July
... was driven by robust activity in construction (up 26.1 percent, yoy); services excluding trade (up 11.1 percent, yoy); and industry (up 4.2 percent, yoy, following a contraction of 1.2 percent, yoy, in June). This is stated in the World Bank's "Armenia Monthly Economic Update – September 2025." Industrial growth was buoyed by a 31.5 percent (yoy) surge in electricity production; and by a 3.3 percent (yoy) rise in manufacturing, supported by greater production of food (up 11 percent, yoy) and tobacco (up 39 percent, yoy). Mining activity remains volatile, falling 8.4 percent (yoy) in July, following 10 percent (yoy) growth in June. Trade grew 3 percent (yoy). Monthly business registrations increased 4 percent ...
09/30/2025Regulator suspended operations at one of the Aygek Poultry Farm's production facilities due to non-compliance with hygiene standards
Employees of the Food Safety Inspectorate of Armenia conducted an inspection of the poultry processing and repackaging facility at Aygek Poultry Farm LLC (Armavir Region, Aygek village). YEREVAN, September 26. /ARKA/. Employees of the Food Safety Inspectorate of Armenia conducted an inspection ...
09/26/2025Phenomenon of high prices: Head of the Central Bank of Armenia explained why prices for goods and services are high in Armenia
Martin Galstyan, Chairman of the Central Bank of Armenia, answered a question on the republic's Public Television about why all goods and services are expensive in Armenia. ... ... transportation, we pay more than our neighbors. This is a negative aspect," he said. Responding to a question about why food products are expensive in Armenia, particularly in restaurants that prepare food from local produce, Galstyan said that external ...
09/26/2025Armenia to participate in Food Africa 2025 food and beverage exhibition in Cairo
Armenia will showcase its products with a separate pavilion at the 10th international food and beverage exhibition, Food Africa 2025, which will be held from December 9 to 12 in Cairo. YEREVAN, September 24. /ARKA/. Armenia will showcase its products with a separate pavilion at the 10th international food and beverage exhibition, Food ...
09/24/2025Armenian Regulator Engages in Dialogue on Aligning Food Safety Standards with EU Experts
Opportunities for improving food safety in Armenia and harmonizing it with EU standards were discussed at a meeting between Hayk Sargsyan, Deputy Head of the Armenian Regulatory Authority, and senior EU experts Alberto Mantovani, Ariano Dominique, and Meline Beglaryan. YEREVAN, September 23....
09/23/2025Regulatory authority in Armenia halts production of sausages by well-known brand
Officials from Armenia's Food Safety Inspectorate carried out inspections and collected samples for laboratory analysis at the meat production facility of the Meat Food company in Yerevan. YEREVAN, September 15. /ARKA/. Officials from Armenia's Food Safety Inspectorate carried ...
09/15/2025Armenia and United States engage in discussions to enhance economic cooperation and boost trade turnover
Armenian Economy Minister Gevorg Papoyan met with Brendan Henrehen, the head of the Bureau of European and Eurasian Affairs at ... ... covered the advancement of bilateral relations across several critical sectors, including trade and investment, agriculture and food security, energy, high technology and innovation, information technology and the digital economy, as well as tourism. Both ...
09/12/2025Armenia to take part in international agricultural exhibition “Agro Pack 2025” in Iraq
Armenia will take part in the 8th international agricultural exhibition-fair for processing and packaging of food products “Agro Pack 2025” in Erbil (Iraq) from November 24 to 27. YEREVAN, September 11. /ARKA/. Armenia will take part in the 8th international agricultural exhibition-fair for processing and packaging of food products “Agro Pack 2025” ...
09/11/2025Samvel Karapetyan emphasizes necessity for genuine reforms in Armenia's agricultural sector
... September 8. /ARКА/. Tashir Group President Samvel Karapetyan presented a number of solutions for the well-being of the people of Armenia, which his team can quickly ensure. YEREVAN, September 8. /ARКА/. Tashir Group President Samvel Karapetyan presented ... ... ensuring the well-being of his family. And our agricultural products can become good raw materials for the development of the food industry,” he noted. According to Karapetyan, in a few years, large internationally recognized companies should be represented ...
09/08/2025EDB names factors accelerating price growth for a number of goods in Armenia
The acceleration of price growth for food and non-food products is due to the dynamics of international food prices and prices for imported non-food products, according ... ... for imported non-food products, according to the weekly macro review of the Eurasian Development Bank (EDB). “Inflation in Armenia amounted to 3.6% y/y in August after 3.4% y/y in July. In August, the growth of prices for food (4.9% y/y in August after ...
09/08/2025Gasoline in Armenia experienced a price reduction of 2.9% in August, while diesel fuel saw a decrease of 2.4%
In August 2025, gasoline prices in Armenia dropped by 2.9% compared to August 2024, and diesel fuel prices fell by 2.4%. This information is supported by the report ... ... compared to December of the previous year, while diesel fuel prices declined by 0.7%. Overall, statistics indicate that in the non-food market, prices in August of this year increased by 1.1% compared to August of last year, and by 0.4% compared to July of ...
09/03/2025In August, 12-month inflation in Armenia amounted to 3.6%, while prices increased by 0.2% over the month
In August 2025, inflation in Armenia reached 3.6% compared to August 2024, while there was a 0.2% increase over the month. This information is supported ... ... information is supported by the report from the National Statistical Committee (NSC). According to the NSC, in August 2025, food products and soft drinks saw a price increase of 4.9% compared to August 2024, while prices remained stable over the month....
09/03/2025Dairy production standards may be tightened in Armenia
Higher safety criteria in the dairy production sector should be established in Armenia. YEREVAN, September 2. /ARKA/. Higher safety criteria in the dairy production sector should be established in Armenia. This was announced at a meeting of the Food Safety Inspectorate of Armenia with the participation of representatives of local dairy processing companies, including cheese producers. The meeting, chaired by Deputy Head of the Inspectorate Hayk Sargsyan, discussed issues of strict compliance with safety standards in production,...
09/02/2025AgriFest 2025: agricultural festival with local flavor to be held in Syunik, Armenia
... representatives of the agricultural and creative spheres on one platform,” the report says. The festival will feature over 60 local producers, thematic photo zones, Quick Talk, business consultations, a DJ and a concert program, master classes, delicious food and drinks. AgriFest by Impact Hub Syunik is co-financed by the European Union, the ACBA Federation and Impact Hub Syunik. The EU support is provided within the framework of the Three4ResilientArmenia program, which is implemented by the Armenian Caritas charitable non-governmental organization, the IRIS Business Incubator Foundation and the Impact Hub Armenia Social Innovation Development Fund.
09/01/2025Regulator has suspended the work of kitchen of humanitarian NGO "Armenian Caritas"
Inspectors of the Shirak Center of the Food Safety Inspection Authority of Armenia conducted inspections in the kitchen of the food facility belonging to the humanitarian NGO "Armenian Caritas", the press service of the regulator reported. YEREVAN, September 1. /ARKA/. Inspectors of the Shirak Center of the Food ...
09/01/2025Armenia and China poised to enhance trade turnover and mutual investments - joint statement
Armenia and China acknowledge the consistent growth of bilateral trade turnover in recent years and convey their willingness to ... ... the proactive participation of the Chinese side in international exhibitions and fairs conducted in Armenia, including EXPO Food and Drinks, ArmProd EXPO», «Build EXPO», «Industrial Armenia EXPO», «DigiTec Expo», «ArmHighTech Exhibition» and ...
08/31/2025Control over quarantine phytosanitary goods in Armenia and Russia to be enhanced –regulator
The Armenian Food Safety Inspectorate has announced that from September 1, 2025, there will be enhanced control over quarantine phytosanitary goods and adherence to legislative requirements in both Armenia and Russia. YEREVAN, August 27. /ARКА/. The Armenian Food ...
08/27/2025Marila sour cream found to deviate from established standards
Officials from the Food Safety Inspectorate of Armenia carried out an inspection at the dairy production facility Marila LLC, located in Kapan city, Syunik region. YEREVAN, August 26. /ARКА/. Officials from the Food Safety Inspectorate of Armenia carried out an inspection at the dairy production facility Marila LLC, located in Kapan city, Syunik region. According to the agency's report, samples of the product were collected during the inspection and forwarded for laboratory analysis. The ...
08/26/2025Development of European Commission's strategy to address foot-and-mouth disease was a topic of discussion in Armenia
The Deputy Minister of Economy of Armenia, Tatevik Sargsyan, along with European Commission experts Carsten Pötzsch and Paulie Compston, engaged in discussions ... ... became the 40th honorary member of the European Commission for the Control of Foot-and-Mouth Disease, which operates under the Food and Agriculture Organization of the United Nations (FAO). The Deputy Minister emphasized that this membership represents ...
08/22/2025Production of sour cream, cottage cheese, rezhan, and matsun halted at Vardenis dairy plant
An inspection conducted by the Food Safety Inspectorate of Armenia at the Eco Milk Group dairy facility in Vardenis (Gegharkunik region) uncovered several violations, leading to a temporary suspension of the production of certain product types. YEREVAN, August 20. /ARКА/. An inspection conducted by the ...
08/20/2025Armenia and Iran sign documents on cooperation in a number of areas
Armenia and Iran signed a number of documents on Tuesday in Yerevan as part of the official visit of Iranian President Masoud ... ... product regulation between the Expert Center for Medicines and Medical Technologies of the Armenian Ministry of Health and the Food and Drug Administration of the Iranian Ministry of Health and Medical Education. Director of the National Archives of the ...
08/19/2025Operation of Cheese Factory in Yeghegnadzor Suspended
The head of Armenia's Food Safety Inspectorate ordered to suspend the operations of the Golden Goat cheese factory in Yeghegnadzor due to a set of breaches of sanitary and hygienic regulations. YEREVAN, August 19. /ARKA/. The head of Armenia's Food Safety Inspectorate ordered ...
08/19/2025Papoyan names sectors that showed growth in exports to EU in 7 months
Armenian Economy Minister Gevorg Papoyan revealed the growth in exports to the European Union in three areas in the first seven ... ... to the European Union in three areas in the first seven months of 2025 compared to the same period last year. "Finished food products surged by 56%, alcoholic beverages by 20%, and aluminum products by 35%," he announced in a Facebook post. ...
08/18/2025Armenia to develop national strategy to ensure all schoolchildren have access to nutritious food by 2030
With the support of the UN World Food Programme (WFP), the Armenian government plans to develop a national strategy and action plan to provide school meals across the country. YEREVAN, August 12. /ARKA/. With the support of the UN World Food Programme (WFP), the Armenian government plans to develop a national ...
08/12/2025Twenty-one Armenian flower suppliers received permission to export their products to Russia
... companies engaged in flower cultivation and export, which were inspected by the Armenian regulator and Russian agricultural watchdog Rosselkhoznadzor, received permission to export their products to Russia. "For a month and a half, specialists from the Food Safety Inspectorate of Armenia and the Federal Service for Veterinary and Phytosanitary Control of Russia (Rosselkhoznadzor) had been conducting joint online video monitoring activities in the greenhouses of Armenian flower-growing companies," the Armenian regulator said ...
08/12/2025EDB identifies factors that could force regulator to keep refinancing rate unchanged
The Eurasian Development Bank (EDB) identified factors that increase the likelihood of maintaining the refinancing rate in Armenia for a longer period than expected. YEREVAN, August 11. /ARKA/. The Eurasian Development Bank (EDB) identified factors ... ... "Inflation in Armenia slowed to 3.4% year over year (y/y) in July, down from 3.9% y/y in June, largely due to the slowdown in food price growth. At the same time, the risks of stronger external pro-inflationary impacts and an expansion of domestic demand ...
08/11/2025Armenia exported 2.3 times more flowers to Russia than last year
... beginning of 2025, more than 71.1 million pieces have been delivered, which is 47% more than the 48.5 million pieces delivered during the same period in 2024. Last year, a total of 84.4 million pieces of flower products were shipped. According to the Food Safety Inspectorate of Armenia, the export of flowers from Armenia to the Russian Federation is permitted for 14 companies that grow flowers. Recently, however, Rosselkhoznadzor had restricted the import of flowers from Armenia, stating that quarantine diseases and pests have ...
08/08/2025Armenia's foreign trade in H1 slashes by by 45% to $9.7 billion
Armenia's foreign trade turnover slashed by 45% in January-June 2025 compared to the same period in 2024 to $9,668,653.2 thousand,... ... January–June 2024); machinery, equipment, and mechanisms" ($551,200.3 thousand, a 9.4% decline); finished products of the food industry ($550,774.5 thousand, a 31.9% increase); mining industry ($516,309 thousand).9 thousand (an increase of 4.7%), textiles ...
08/06/2025Food products in Armenia in July increased in price by 4.7% over a year, and decreased by 2.7% over a month
In July 2025, prices for food products and soft drinks increased by 4.7% compared to July 2024, but decreased by 2.7% over the course of one month. This information comes from the National Statistical Committee of Armenia's report. YEREVAN, August 6: /ARKA/. In July 2025, prices for food products and soft drinks increased by 4.7% compared to July 2024, but decreased by 2.7% over the course of one month. This information comes from the National Statistical Committee ...
08/06/2025Gasoline in Armenia fell in price by 1.4% in July, and diesel fuel by 3.9%
Gasoline in Armenia in July 2025 compared to July 2024 fell in price by 1.4%, and diesel fuel by 3.9%. YEREVAN, August 6. /ARKA/. Gasoline ... ... year, the price of gasoline decreased by 4.4%, and diesel fuel by 1.1%. Overall, according to statistics, prices on the non-food market in July of this year increased by 0.1% compared to July of last year, and remained unchanged compared to June of this ...
08/06/2025In July, Armenia's 12-month inflation rate was 3.8%, while prices fell 0.8% over the month
Compared to July 2024, inflation in Armenia was 3.4% in July 2025, while prices fell by 0.8% over the month. These figures are supported by data from the National ... ... These figures are supported by data from the National Statistical Committee (NSC) of Armenia. According to the NSC, prices for food products and soft drinks increased by 4.7% in July 2025 compared to July 2024, but decreased by 2.7% over the month. Alcohol ...
08/06/2025Russian market is important for Armenia: Armenian regulator guarantees compliance with the EAEU requirements for product supplies
... requirements for the export of goods. YEREVAN, July 30. /ARKA/. The Russian market is of great importance for Armenia; the Armenian regulator guarantees compliance with the EAEU requirements for the export of goods. This was stated by the new head of the Food Safety Inspectorate of Armenia Tigran Petrosyan at a meeting with the head of Rosselkhoznadzor Sergey Dankvert in Moscow. As reported on the Rosselkhoznadzor website, the parties discussed issues of cooperation between the competent agencies of the two countries, including ...
07/30/2025Armenia recorded a decline in both exports and imports in May - World Bank review
... imports fell, although more slowly, continuing the re-export phase-out trend, stated in the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”. YEREVAN, July 28. /ARKA/. In May, both exports and imports fell, although more ... ... total exports. There was also a fall in the export of means of transport (70.7 percent, yoy). Among traditional exports, ready food products (up 21 percent, yoy), textiles (up 55.2 percent, yoy) and minerals (up 14.2 percent, yoy) were the top contributors ...
07/28/2025Another 5 Armenian flower farms received permission to export to Russia
Another 5 Armenian flower companies have received permission to export their products to Russia, according to the Food Safety Inspectorate of Armenia, based on the results of online inspection activities conducted jointly with Russian agricultural watchdog Rosselkhoznadzor. YEREVAN, July 28. /ARКА/. Another 5 Armenian flower companies have received permission to export their products ...
07/27/2025Armenia welcomes cooperation of EAEU member states within the framework of the climate agenda - Pashinyan
Armenia welcomes cooperation of the EAEU member states within the framework of the climate agenda. YEREVAN, July 25. /ARKA/.... ... Armenia and the breeding of cubs have already been recorded, which indicates the achievement of sustainability of the habitat and food supply of the Caucasian leopard. "A program to restore the Caucasian red deer population in the Dilijan Reserve is also ...
07/25/2025Armenia is set to continue working in EAEU, but some issues raise concerns for Russia- deputy prime ministe
Russian Deputy Prime Minister Alexei Overchuk said that Armenia is set to continue working in the Eurasian Economic Union (EAEU), adding that there are concerns over some issues. ... ... legal spheres. There are some government acts that raise questions for us," said Overchuk. According to him, this concerns food products certified in accordance with the standards of the European Union, the United States, and other countries that do ...
07/24/2025Papoyan disagrees with Russian assessment on supplies of counterfeit cognac from Armenia to Russia
... supply of counterfeit cognac from Armenia to Russia. According to Russian media reports, citing a study by the Union of Cognac, Spirits and Alcoholic Beverages Producers (Soyuzkonyak) together with the International Anti-Counterfeit Association, 85% of Armenian cognac samples supplied to the Russian market do not meet current standards. In response to a request from ARKA, the RA Food Safety Inspectorate reported that this information is being studied and an appropriate response will be given. "We do not agree with this assessment. Our cognac is currently being tested, moreover, I will share good news for our business entities ...
07/16/2025Russia accuses Armenia of supplying counterfeit cognac
... use of non-grape-based spirits was detected. Therefore, these products cannot be called cognac (brandy),' he said. According to experts, the main flow of problematic products passes through Georgia. The ARKA news agency requested a comment from the Armenian Food Safety Inspection Authority regarding these allegations. “The information is currently being studied, and an appropriate response will be given,” the regulator's press service said. According to the Armenian Ministry of Economy, between July 1 and ...
07/15/2025Armenia tightens control over flower exports amid stricter requirements from Russian agricultural watchdog
... requirements for the import of cut flowers from Armenia. As explained by the deputy head of the agency, Yulia Shvabauskene, the reason for this was the frequent cases of deliveries of infected products containing quarantine objects. According to the Armenian Food Safety Inspection Authority, after negotiations with Rosselkhoznadzor and joint inspections, seven Armenian companies were allowed to resume exports of flowers to Russia.-0-
07/15/2025E. coli found in sour cream and cottage cheese produced by Hin Aparan LLC - regulator
Armenia’s Food Safety Inspectorate inspected the Hin Aparan LLC dairy production facility and found serious violations. The production of certain products has been banned. YEREVAN, July 14. /ARKA/. Armenia’s Food Safety Inspectorate inspected the Hin Aparan LLC ...
07/14/2025Russia tightens requirements for flowers imported from Armenia and issues export permits to seven Armenian companies
... are continuing. "Everything that the Armenian service confirms as safe and truly Armenian has been and continues to be delivered to Russia. This work will continue, and we are happy to accept Armenian products," said Shvabauskene. On Friday, Armenia's food safety inspection authority reported that seven Armenian companies were allowed to export flowers to Russia following negotiations with Rosselkhoznadzor and joint inspection controls. "Together with Rosselkhoznadzor, we carried out online video inspections ...
07/11/2025E. coli and salmonella found in cutlets of the popular Armenian brand Biella
By the decision of the head of the Food Safety Inspectorate of Armenia, the production of beef cutlets at the “Natfood” CJSC (Biella brand) in Yerevan has been suspended. YEREVAN, July 11. /ARKA/. By the decision of the head of the Food Safety Inspectorate of Armenia, the production of beef cutlets at the “Natfood” ...
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