Wednesday, February 26 2025 12:21
Alina Hovhannisyan

Cargo transportation from Russia to Armenia decreased by 8% in 2024,  in opposite direction - by 29% - ATI.SU.

Cargo transportation from Russia to Armenia decreased by 8% in 2024,  in opposite direction - by 29% - ATI.SU.

ArmInfo. Cargo transportation from Russia to Armenia decreased by 8% in 2024, in the  opposite direction - by 29%. This is stated in a study by the  International Freight Exchange ATI.SU.

The source notes that Armenia's main partners are Russia and Belarus.  However, the European (France, Netherlands) and Asian (Kazakhstan)  directions are actively growing. At the same time, analysts pointed  to the resumption of growth in export-import transportation after the  stabilization of the conflict in Nagorno- Karabakh.

At the same time, they noted a greater dependence on weather/seasonal  factors, given that the bulk of Armenia's trade goes along the  Georgian Military Road (via the Verkhniy Lars checkpoint), which has  long required modernization. According to the Exchange data, in the  first quarter, international cargo transportation for export from  Armenia decreased by 59 p.p., in the second quarter - by 18 p.p., in  the third quarter an increase of 11 p.p. was registered, and in the  fourth quarter there was another decrease of 22 p.p.  As for imports,  the picture is as follows: the first quarter - a decline of 20 p.p.,  the second quarter - by 15 p.p., the third quarter - an increase of  20 p.p. And the fourth quarter - a decline of 9 p.p. At the same  time, as stated in the study, domestic cargo transportation in 2024  decreased by 57%.

According to the RA Statistical Committee, the volume of cargo  transportation in Armenia in 2024 decreased by 7.7% (against a 2.2%  decline in 2023), amounting to 16,831.5 thousand tons. A decline was  noted for all types of cargo transportation, with the exception of  air transportation, which in 2024 maintained growth with a slight  slowdown in rates from 45.5% to 24.5%, amounting to 42.2 thousand  tons.

At the same time, the dominant road cargo transportation, which  accounts for 79.5% or 13,389.6 thousand tons, decreased by 5.3%  (against an increase of 8.7% in 2023).

Rail freight transportation in 2024 lingered in decline with a  slowdown from 40.1% to 31.4%, amounting to 1,442.5 thousand tons.

1,957.2 thousand tons of natural gas were delivered via the main  pipeline in 2024, with an annual decline of 0.2% (versus an 8.1%  decline in 2023). Let us remind you that ATI.SU is a freight exchange  and the largest ecosystem of services for transport logistics in  Russia and the CIS, which has more than 30 years of history.  The  exchange's activities are aimed at optimizing and automating  processes for participants in the freight market. More than 85% of  companies in the freight market use ATI.SU services. The exchange has  representative offices in Russia, Kazakhstan, Belarus, Uzbekistan,  Kyrgyzstan, Armenia and the European Union.