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Armenia's Exports to China, India, and the EU Soar: Deliveries Up by Over 80%

The Minister of Economy reported a rapid increase in exports to three key destinations, despite an overall decline in the indicator

Armenian Minister of Economy Gevorg Papoyan announced that in the first half of 2026, the export of Armenian products to a number of key regions significantly increased. Compared to the same period last year, deliveries to China grew by 83.4%, to India by 81.3%, and to European Union countries by 80%.

At the same time, the country's overall foreign trade remains uneven. According to Armstat, from January to May 2026, the volume of foreign and mutual trade amounted to $7.864 billion, which is 0.1% less than a year earlier. Exports during this period decreased by 3.7% to $2.865 billion, while imports increased by 2.2% and reached $4.999 billion.

Russia remains the largest export market for Armenia with a supply volume of $1.031 billion, although exports to this country decreased by 3%. China ranks second, with goods worth $407.5 million exported, almost double the amount from a year earlier. Deliveries to EU countries reached $460.6 million, and imports from the European Union increased by 25.9%. Among the largest suppliers of goods to Armenia, Russia, China, and Georgia lead the way.