Armenia`s exports show steady growth without re-exports

ArmInfo.  Our exports are showing steady growth without re- exporting gold, platinum, and other products. Armenian Economy Minister Gevorg Papoyan stated this during  a press conference on February 6.

First, he compared export figures recorded in 2021, when shipments  amounted to $2.6 billion, with those in 2025 exceeding $4.4 billion.  Comparing exports with last year's volumes, Papoyan noted that growth  was recorded at approximately 10%, or approximately $400 million.  "We're not talking about televisions, smartwatches, cars, or gold,  which are not produced in Armenia, but rather about goods of Armenian  origin, manufactured exclusively in Armenian factories," the Minister  emphasized. At the same time, he enthusiastically pointed to the  growing share of Armenian exports to European Union countries. While  the percentage stood at 4.7% in 2024, by the end of 2025, the figure  is 7.9%. "That is, on the one hand, we have increased supplies to the  EU, but on the other, re-exports have been eliminated," the minister  said. As an example, Papoyan noted that the Yerevan Foil Rolling  Plant "Armenal" (a subsidiary of Russia's "Rusal") increased its  supplies to EU countries by 31%.

Meanwhile, it should be noted that, according to the Statistical  Committee of the Republic of Armenia, Armenia's export volume in 2025  amounted to $8.4 billion, which is 36.1% lower than the 2024 figure.   Export volume to EU countries, meanwhile, increased by 9% to $666.8  million.