ArmInfo. Despite the instability and volatility of global markets, trade turnover between the countries of the Eurasian Economic Union (EAEU) has exceeded $95 billion. This was announced by Kazakh President Kassym-Jomart Tokayev during a meeting of the Supreme Eurasian Economic Council in Astana on May 29.
"This year, we expect mutual trade to increase by more than 6%, which will allow us to exceed the $100 billion mark," he emphasized.
At the same time, the president noted, international organizations' assessments of the state of the global market are disappointing. According to an IMF report, the global economic growth forecast for this year has been adjusted downwards to 3%.
"Clearly, general global structural changes cannot but impact the economic dynamics of the EAEU. Under these conditions, the tasks of adapting our Union to new realities, strengthening its internal resilience, and enhancing its competitiveness are particularly urgent," Tokayev said.
At the same time, the head of state noted that the EAEU maintains positive macroeconomic development momentum, and, according to forecasts, the aggregate GDP growth rate of its member countries will reach 2.5% in 2026-2027.
According to the RA Statistics Committee, foreign trade turnover between Armenia and the EAEU countries decreased by 36.9% in 2025, amounting to just over $8 billion. Export volumes fell by 5% to $3.2 billion, while imports declined by 48.5% to $4.8 billion.
Trade with Russia during the reporting period declined by 38.3%, amounting to $7.6 billion. Trade turnover with Belarus increased by 22.9% to $251.4 million in 2025. Trade with Kazakhstan increased by 6.3% to $115.9 million. Trade with Kyrgyzstan declined by 23.2% to $11.3 million. The EAEU countries accounted for 37.5%.
