Russia expecting twofold reduction in trade with Armenia by year`s  end 

ArmInfo.  Trade between Russia and Armenia has significantly dropped, it is expected that it will be reduced  by half by the end of the year, as stated by Deputy  Prime Minister of the Russian Federation Alexey Overchuk to  journalists during the Eastern Economic Forum session.

Speaking about trade between Armenia and the Russian Federation, he  stated that it has significantly decreased. "We expect that by the  end of the year it will be reduced by half compared to last year. If  last year it was 12.4 billion dollars, then this year it will   probably be around six, maybe a little more," Overchuk said, Russian  media report.

According to the RA Statistical Committee, Russia maintains its  leadership in both total foreign trade turnover and imports.  Specifically, the volume of imports between Armenia and Russia in  2024 exceeded $9.2 billion,  increasing by 2.1 times. The volume of  exports amounted to $3.2 billion, decreasing by 10.7%. As a result,  the foreign trade turnover between Armenia and the Russian Federation  reached $12.4 billion, increasing by 56.5%, with Russia's share in  Armenia's  total foreign trade turnover rising  from 37.2% to 41.1%  in 2024. In 2025, the dynamics began to deteriorate. In the first  half of the year, the foreign trade turnover between Armenia and  Russia amounted to $3.4 billion, with an annual decline of 54.8%  (compared to significant growth a year ago). Imports dynamics  worsened significantly, with a 66.3% decline ($2.1 billion), while  exports continued to decline, slowing down from 21.1% to 6.2% ( $1.3  billion).