Armenia`s industrial exports increased by 15% in 2025

ArmInfo. Industrial exports in 2024 amounted to 1.3 trillion drams, and by the end of 2025, volumes have increased to 1.5 trillion drams. Armenian Minister of Economy Gevorg Papoyan announced this during a press conference on February 6, noting that the increase was 15%.

According to him, exports from the manufacturing sector alone increased by 17% over the year, amounting to approximately 976 billion drams.

The minister attributed these results to state-implemented programs, including exemptions from customs duties in priority sectors and a ban on the export of iron and non-alloy steel, semi-finished iron and non-alloy steel products, alloyed steel ingots or other primary forms, refined copper and unprocessed copper alloys, unprocessed aluminum, aluminum powders, and aluminum flakes to third countries.

"All this has led to our transformation from a country exporting scrap metal into a country producing and exporting finished metal products," he emphasized.

Furthermore, as Papoyan noted, the number of jobs in the industrial sector has also increased. Specifically, by the end of 2025, 87,500 people were employed in the manufacturing industry, compared to 82,600 in 2024. "That is, approximately 5,000 people entered the manufacturing industry," the minister said.

This growth was, in part, due to a government program that covers the income tax of newly hired employees with no prior industry experience. According to the minister, 51 companies have already taken advantage of this program.

It is worth noting that, according to the Statistical Committee of the Republic of Armenia, Armenia's industrial sector grew by 4.7% in 2025, reaching 3.3 trillion drams ($8.6 billion).

The manufacturing industry's annual growth rate slowed from 6.5% to 3.3%, reaching 2.4 trillion drams. In terms of production volume, the leading products are food products (771.3 billion drams), basic metals (551.4 billion drams), cigarettes (297.3 billion drams), beverages (208.7 billion drams), and other non-metallic mineral products (168.1 billion drams).