ArmInfo.In 2024, Armenia reduced wine exports by 4.1% to 4.3 million liters. The customs value of exported wine decreased by 3.1% - to $ 17.7 million, as evidenced by data from the Customs Service of the Republic of Armenia.
Traditionally, the main market for Armenian wine is Russia, which accounted for 83.2% of exports in 2024, decreasing to 79.6%. Following Russia are the USA (7%), Poland (1.4%), France (1.2%), China (1%), Lithuania and Belgium (0.8% each), and Germany (0.7%). Smaller volumes were supplied to Georgia, Kazakhstan, Canada, Latvia, Britain, the Netherlands, Israel, Italy, Greece, Germany, Australia, the UAE, Bulgaria, Belgium, Turkmenistan, Switzerland, Ukraine, the Czech Republic, Uzbekistan, Uruguay, and Singapore. Less than 1 thousand liters were exported to Lebanon, India, Austria, Estonia, Iceland, Spain, Japan, Sweden, Portugal, Vietnam, and Kenya. According to customs data, wine imports also decreased in 2024. In particular, 1.2 million liters of wine were imported to Armenia, with an annual decrease in volume of 9.6%. The customs value of imported wine decreased by 7.2% - to $7.8 million.
Most of the wines imported to Armenia came from Spain (40.7%), Italy (27.1%), France (10.3%), Moldova (4%), New Zealand (3.5%), and Australia (3.3%). Smaller volume was imported from Georgia, Austria, Argentina, Belarus, Germany, South Africa, Israel, the USA, Chile, Portugal, and the Russian Federation. Less than 1 thousand liters were imported from Lebanon, Liechtenstein, Hungary, and China.
Note that according to the RA Statistical Committee, 10 million liters of wine were produced in Armenia in 2024, which is 29% lower than the same period last year. The cost of wine in Armenia began to grow in 2020 (by 0.4%), then in the following two years, it accelerated in growth to 1.4% in 2021 and to 2.1% in 2022. After that, there was a slight slowdown to 1.7% in 2023, and in 2024, wine became cheaper in Armenia by 1.5%. However, since 2025, the cost of wine has started to increase again, with a growth rate of 2.6% per annum in July.
