MOSCOW TIME: 16.10.2021 12:44:00


Russia-Armenia Trade Turnover Gathers Speed

Russia-Armenia Trade Turnover Gathers Speed

For the first half of 2018 Russia-Armenia Trade Turnover has reached $919 mln, it is a 27.4% increase compared to the same period of 2017.

Armenia’s export has increased 2 times as fast as its import (+40% and +22.6% respectively).

Armenia has exported to Russia mostly food products and agricultural raw materials (52.8%), textile and footwear (17.7%), precious metals and stones (17.1%).

In its turn Russia has exported to Armenia foremost mineral products (33.8%), machinery, equipment and vehicles (18.2%), food products and agricultural raw materials (15.6%). In first half of 2018 Armeniaís export to Russia has stood at $280 mln, while its import has been $639 mln.


Photo: (Prime Minister of Armenia Nikol Pashinyan and President of Russia Vladimir Putin)


Russia Armenia Trade

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