Armenia's foreign trade turnover increased by 9.3% in the first two months, reaching $3.06 billion. Russia leads, with China and the UAE in the top three

YEREVAN, April 6. /ARKA/. Armenia's foreign and mutual trade turnover increased by 9.3% in January-February 2026 compared to January-February 2025, reaching $3,064,137,000, according to the Statistical Committee of the Republic of Armenia. In February 2026, this figure increased by 30.8% compared to February last year, and by 37.1% compared to January of this year.

After declining foreign trade throughout 2025, the figure returned to growth in the first two months of 2026. By the end of 2025, Armenia's foreign trade turnover had decreased by 29%. Foreign Trade Turnover (January-February 2026 vs. January-February 2025)

With the EAEU — $877,586.5 thousand, a 14.7% decline

With the CIS countries — $912,515.6 thousand, a 13.6% decline, including:

Russia ($822,501.0 thousand, a 17.4% decline)

Belarus ($33,001.2 thousand, a 59.5% increase)

Ukraine ($15,840.2 thousand, a 0.4% decline)

With the EU countries — $482,327.6 thousand, a 61.6% increase, including:

Germany ($89,935.1 thousand, a 48.2% increase)

Bulgaria ($58,226.0 thousand, an increase) 4.4 times)

Italy ($57,614.8 thousand, an increase of 17.1%)

France ($56,044.9 thousand, an increase of 3.2 times)

Belgium ($41,976.9 thousand, an increase of 79.2%)

Largest foreign trade partners in other countries:

China ($454,484.4 thousand, an increase of 18.4%)

UAE ($142,056.0 thousand, a decrease of 40.9%)

Iran ($104,796.5 thousand, an increase of 6%)

USA ($78,054.6 thousand, an increase of 35.3%)

Switzerland ($51,964.2 thousand, an increase of 2.1 times)

Iraq ($50,778.9 thousand, a decrease of 7.7%)

Georgia ($32,011.0 thousand) thousand, an increase of 2%)

Export

Exports from Armenia in January-February 2026, compared to January-February 2025, increased by 12.6%, amounting to $1,168,808.7 thousand. In February of this year, this figure amounted to $690.2 million, an increase of 37.6% compared to February of last year, and 44.2% compared to January of this year.

With the EAEU — $453,022.3 thousand, a decline of 5.7%

With the CIS countries — $465,882.2 thousand, a decline of 4.9%, including:

Russia ($418,915.2 thousand, a decline of 8%)

Belarus ($19,428.4 thousand, an increase of 38.4%)

Kazakhstan ($8,473.1 thousand, a decline of 16.1%)

With the EU countries — $139,054.6 thousand, an increase of 87.8%, including:

Bulgaria ($45,504.3 thousand, an increase of 5.7 times)

Belgium ($27,244.9 thousand, an increase of 97.9%)

Germany ($19,224.5 thousand, an increase of 36.2%)

Netherlands ($13 634.9 thousand, an increase of 9.4%)

Slovakia ($11,106.7 thousand, an increase of 7.6%)

Leaders in export volumes among other countries:

China ($156,906.2 thousand, an increase of 2.4 times)

UAE ($131,039.2 thousand, a decrease of 41.9%)

Iraq ($49,954.8 thousand, a decrease of 8.9%)

Switzerland ($46,359.4 thousand, an increase of 2.2 times)

Georgia ($18,388.5 thousand, an increase of 20.9%)

Brazil ($12,555.7 thousand, an increase of 268.3 times)

Iran ($9,518.7 thousand, a decrease of 33%)

Most significant export items:

• Mining products — $273 563.8 thousand, a 2.1-fold increase

• Precious and semi-precious stones, precious metals, and articles thereof — $267,087.4 thousand, a decline of 8%

• Machinery, equipment, and mechanisms — $215,639.1 thousand, a 6.5% increase

• Finished food products — $185,043.9 thousand, a 1.7% increase

• Textiles and textile articles — $45,296.3 thousand, a 2.7% decrease

• Base metals and articles thereof — $41,789.0 thousand, a 29.3% increase

• Instruments and devices — $36,838.3 thousand, a 5.3% decrease

• Plant-based products — $31,444.1 thousand, a 21.9% decrease

Imports

The total value of imports to Armenia during January-February 2026 reached $1,895,328.3 thousand, reflecting a 7.3% rise compared to the same period in 2025. This year, the figure stood at $1,081.6 million, marking a 26.9% increase from February of the previous year, and a 32.9% rise from January of this year.

Data by exporting country is detailed below. With the EAEU — $453,419.8 thousand, a decrease of 20.4%.

With the CIS countries — $476,894.5 thousand, a decrease of 18.9%, including:

Russia ($429,540.2 thousand, a decrease of 23.3%)

Ukraine ($15,510.0 thousand, an increase of 13%)

Belarus ($11,805.6 thousand, an increase of 76.7%)

With the EU countries — $382,899.1 thousand, an increase of 50.6%, including:

Germany ($63,038.8 thousand, an increase of 32.2%)

France ($51,085.9 thousand, an increase of 4.3 times)

Italy ($49,749.6 thousand, an increase of 11.1%)

Netherlands ($28,387.0 thousand, an increase of 15.6%)

Belgium ($20,615.6 thousand, an increase of 72.7%)

Leaders among other countries by import volume:

China ($211,754.9 thousand, a decrease of 10.1%)

Georgia ($107,358.2 thousand, an increase of 5.8%)

Iran ($97,278.3 thousand, an increase of 13.8%)

USA ($83,802.4 thousand, an increase of 35.9%)

UAE ($80,418.8 thousand, an increase of 36.6%)

Switzerland ($28,065.9 thousand, an increase of 2.4 times)

Republic of Korea ($23,907.5 thousand, a decrease of 39%)

Most significant import items:

• Machinery, equipment, and mechanisms — $482,683.1 thousand, an increase of 17.2%

• Land, air and water transport vehicles — $229,022.2 thousand, an increase of 17.4%

• Mining products — $226,220.3 thousand, an increase of 2%

• Precious and semi-precious stones, precious metals and products thereof — $180,401.7 thousand, a decrease of 72.5%

• Finished food products — $154,659.1 thousand, an increase of 56.4%

• Products of the chemical and related industries — $123,579.6 thousand, an increase of 50.4%

• Base metals and products thereof — $76,898.2 thousand, a decrease of 15.4%

• Products of plant origin — $76,057.1 thousand, an increase of 17.6%.-0-