Armenia's trade deficit worsened by 20% in the first half of the year — Ministry of Finance
09.09.2026,
14:43
Armenia's trade deficit worsened by 20%, or $480 million, in the first half of the year, Finance Minister Vahe Hovhannisyan announced at a meeting of the parliamentary committee on financial, credit, and budgetary issues on Wednesday.
YEREVAN, September 9. /ARKA/. Armenia's trade deficit worsened by 20%, or $480 million, in the first half of the year, Finance Minister Vahe Hovhannisyan announced at a meeting of the parliamentary committee on financial, credit, and budgetary issues on Wednesday.
He noted that from January to June, Armenia's exports declined by 6.7%, while imports increased by 4%.
According to the Armstat, Armenia's foreign trade turnover in the first half of this year amounted to $9.57 billion, a decrease of 0.1% compared to the same period last year. Meanwhile, Armenia's exports decreased by 6.7%, amounting to $3.43 billion, while imports increased by 4% to $6.14 billion.
According to the latest World Bank report, "Armenia Monthly Economic Update – July 2026," Armenia's trade deficit continued to worsen in May: both exports and imports continued to decline, with exports declining faster than imports. World Bank analysts noted that this decline was due to the continued decline in re-exports of precious and semi-precious stones. Data for June has not yet been published.
He noted that from January to June, Armenia's exports declined by 6.7%, while imports increased by 4%.
According to the Armstat, Armenia's foreign trade turnover in the first half of this year amounted to $9.57 billion, a decrease of 0.1% compared to the same period last year. Meanwhile, Armenia's exports decreased by 6.7%, amounting to $3.43 billion, while imports increased by 4% to $6.14 billion.
According to the latest World Bank report, "Armenia Monthly Economic Update – July 2026," Armenia's trade deficit continued to worsen in May: both exports and imports continued to decline, with exports declining faster than imports. World Bank analysts noted that this decline was due to the continued decline in re-exports of precious and semi-precious stones. Data for June has not yet been published.
