Economy Minister: Armenia`s trade turnover with EU countries totaled  $2.9 billion in January-September 2025

ArmInfo.  Armenia's trade turnover with  European Union countries reached $2.9 billion in  January-September 2025, as stated by RA Minister of Economy Gevorg  Papoyan during budget hearings in the National Assembly on October  27.

According to him, compared to the same period last year, trade  turnover increased by 5.7%, or $190 million. Of this total, 24% came  from Armenian exports to European markets, and 76% from European  imports to the domestic market. The 5.7% increase in trade turnover  was primarily driven by a 5.4% increase in imports. These volumes, as  Papoyan noted, cannot satisfy the Armenian side, therefore, an export  promotion program is being implemented through customs duty  compensation for finished goods exported from the country. This  program has seen significant growth; however, given the current small  volumes of finished goods exported, this growth does not reflect the  true picture.