Olive oil imports significantly increased in Armenia, leading to   decreased sunflower oil shipments

ArmInfo. In the first half of 2025, Armenia reduced its exports of butter and dairy spreads by 11.9% year-on-year to 212.7 tons. Meanwhile, the customs value  increased by 13.7% year-on-year, reaching $1.6 million. This is evidenced by data from the RA Customs Service, according to which the lion's share of these products was shipped to the Russian Federation (65.2%), with  smaller amounts going to Belarus (33%), the United States (1.7%), and Georgia.

Imports of butter and dairy spread increased by 35.8% year-on-year to  3.2 thousand tons. The customs value totaled $23.6 million, an  increase of 59.7% year-on-year. Butter and dairy spreads are  primarily imported to Armenia from New Zealand (32.6%), Iran (23.6%),  India (12.4%), Finland (14.7%), France (5.9%), and Ukraine (3.5%),  with smaller volumes coming from Australia, Belarus, Germany,  Denmark, Italy, Poland, and Russia.

According to the source, in the first half of 2025, Armenia imported  12.9 thousand tons of sunflower oil, turmeric oil, and bamboo seed  oil, a decrease of 3% compared to the previous year. Meanwhile, the  customs value increased by 29.5% to $16.2 million. The lion's share  of these imports came from the Russian market (99.5%), with very  small amounts coming from the Italian, Cypriot, and Belarusian  markets, and less than 1 ton coming from the Lithuanian and Ukrainian  markets.  During the reporting period, Armenia exported 4.7 tons of  olive oil, a year-on-year increase (compared to 57 kg in the first  half of 2024). The customs value increased significantly, reaching  $71,200. Russia again accounted for the entire volume.

Olive oil imports increased by 91.3%, reaching 173.5 tons, with a  customs value increase of 1.6%, totaling $893,200. These products  were primarily imported from Spain (41.1%), Italy (26.5%), and Syria  (16.7%).  Significantly smaller imports came from Greece and Russia  (6.3% and 5.8%, respectively), as well as from Turkey, the UAE,  Lebanon, Portugal, Serbia, and France.  It is worth noting that,  according to the RA Statistics Committee, the price of sunflower oil  increased by 17.5% year-on-year in June, while butter increased by  14%. In the first half of 2025, Armenia produced 1,442.8 tons of  butter and dairy spread, with an annual growth rate of only 1.7%.