Armenia's exports and imports fell in July due to the ongoing phase-out of re-exports – World Bank

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30.09.2025, 11:34

In July, exports and imports contracted due to the ongoing phasing out of re-exports, according to the World Bank's "Armenia Monthly Economic Update – September 2025."

Armenia's exports and imports fell in July due to the ongoing phase-out of re-exports – World Bank

YEREVAN, September 30. /ARKA/. In July, exports and imports contracted due to the ongoing phasing out of re-exports, according to the World Bank's "Armenia Monthly Economic Update – September 2025."

" Exports fell 15.4 percent (yoy) in July, compared with the 39 percent (yoy) fall recorded in May," the study states.

It is noted that, in July, exports and imports of precious and semi-precious stones and metals fell around 59 percent (yoy), emerging as the main driver of the overall contraction in total exports and imports.

Exports of vehicles also continued to contract (down 36.4 percent, yoy).

" These falls were attenuated by growth in exports of agricultural products (up 23.3 percent, yoy); ready foods (up 24.3 percent, yoy); machinery (up 36.4 percent, yoy); and minerals (up 11.8 percent, yoy)," the report states.

WB analysts note that excluding the re-export of precious stones and metals, exports and imports grew by 19% and 5.5%, respectively.

According to the Armstat, Armenia's foreign trade turnover in July 2025 amounted to $1.7 billion, a 16.1% decrease compared to July 2024. Exports totaled $700.8 million (a 15.4% decline), while imports totaled approximately $1 billion (a 16.5% decline).-0-

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