Armenia has sharply increased its exports to the EU amid Russian trade restrictions
In the first half of 2026, Armenia increased its exports to European Union countries by 80%—to $516 million, compared with $287 million during the same period last year. This growth occurred amid Russia’s gradual restriction of imports of Armenian products.
Russia imposed bans on the import of a number of goods from Armenia, including fruits, vegetables, herbs, flowers, mineral water, alcohol, dairy products, and fish products. As a result, trade between the two countries fell by 20.9% in January–June—from $3.326 billion to $2.63 billion.
In response, Yerevan began to more actively redirect its exports to other markets, particularly the European market. The EU also allocated 52 million euros in aid to Armenia to strengthen economic resilience and support the reorientation of exports.
This was reported by Russian media.
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