Monday, June 1 2026 17:34
Alina Hovhannisyan

Exports to EU targeted to grow four- to fivefold by year-end

Exports to EU targeted to grow four- to fivefold by year-end

ArmInfo.  "We aim to increase exports to the EU by 4-5 times by the end of the year," Armenian Economy Minister Gevorg Papoyan told reporters on June 1 during a campaign event.

He assured that fruit and vegetable crops exported from Armenia are  Global G.A.P. certified, which is recognized as one of the most  recognized standards for agricultural producers worldwide. "In the  past, it was said that we were joining the EAEU because our fruits  and vegetables were only purchased in the Russian Federation. That  hasn't been the case for a long time. Our products meet the highest  standards," the Minister emphasized.  Papoyan clarified that when  exporting to the EU, the primary barrier is not quality, but rather  high transport costs and customs duties.

In this regard, he announced that a program to subsidize  transportation expenses was presented to the government today. "This  is so our producers can offer competitive prices to European  consumers," the head of the Ministry of Economy noted.

At the same time, the Minister assured that restrictions on  agricultural exports to the Russian Federation would be resolved one  by one after the elections. "For the most part, these are routine,  technical issues," the head of the department said. Furthermore,  Papoyan noted that Armenia has never had such good relations with  Russia as it does now, nor has it ever seen such high volumes of  mutual trade.

Recall, Rosselkhoznadzor (Federal Service for Veterinary and  Phytosanitary Surveillance)  imposed temporary restrictions on the  import of fresh tomatoes, cucumbers, peppers, green vegetables, and  strawberries originating and shipped from Armenia on May 30 due to  identified violations. The agency explained that the agricultural  products supplied by Armenia did not comply with EAEU and Russian  standards.

Also, Rospotrebnadzor suspended the sale of 64.5 million units of  Jermuk mineral natural medicinal table carbonated drinking water in  the Russian Federation on May 28. It was based on the manufacturer's  violations of mandatory technical regulation requirements. Excessive  levels of bicarbonate ion, chlorides, and sulfates were detected in  the water.

In 2025, Armenia exported 146,500 tons of fresh fruits and  vegetables, exceeding the 2024 figure by 1.4%.  Of this volume,  approximately 90% went to the Russian market. It should be noted  that, according to the Statistical Committee of the Republic of  Armenia, mutual trade with Russia in 2025 showed a 38.3% decline,  amounting to $7.6 billion. Exports declined by 6.9% to $2.9 billion,  while imports fell by 49.2% to $4.7 billion.

In the first quarter of this year, volumes decreased by 17.2% to $1.3  billion. Exports amounted to $639.3 million, a 7.1% year-on-year  decline, while imports amounted to $690.3 million, a 14.8%  year-on-year decline.  Meanwhile, trade turnover with EU countries  increased by 7.2% in 2025, amounting to $2.5 billion (or 11.7% of  total trade). Export deliveries increased by 9% to $666.8 million,  against the backdrop of an increase in imports by 6.5% to $1.8  billion. In Q1 2026, mutual trade with EU countries increased by  54.3%, amounting to $763.2 million. At the same time, exports  demonstrated growth of 89.8% to $248.7 million, against the backdrop  of an increase in imports by 41.5% to $514.5 million.