The dynamics of Armenia's foreign trade have returned to growth after a long decline, according to experts at the Eurasian Development Bank. In January–February 2026, the country's foreign trade turnover reached $3.06 billion, an increase of 9.3% compared to last year. At the same time, exports increased by 12.6% and amounted to $1.17 billion, while imports increased by 7.3%, reaching $1.89 billion, which demonstrates the accelerating pace of export development.
The EDB's macro review highlights key drivers of economic growth: the service sector added 7.2%, construction — 20.5%, and industry increased output by 17.2% y/y. The country's overall economic activity in January–February increased by 7.4%, accelerating compared to January.
Bank analysts maintained their forecast for Armenia's economic growth at 5.3% in 2026, which coincides with the estimates of other international institutions: the World Bank — 4.9%, the International Monetary Fund — 5.5%, the European Bank for Reconstruction and Development — 5.5%. The acceleration of foreign trade and activity in key sectors create a solid foundation for further economic growth.
