Armenia allocates AMD 5.9 billion to compensate September exporters

Armenia’s government has allocated AMD 5.90 billion (about $16.3 million) to the Ministry of Economy to pay compensation for September exports of greenhouse produce, fresh fruit, food and beverages, and for purchases of peaches and figs for processing. The decision was adopted at the October 22 cabinet meeting. The funds will come from the fiscal risk management reserve and are earmarked for the fourth quarter.

AMD 2.08 billion will go to support exports of greenhouse produce. According to the explanatory note, Armenia exported 2,412 tonnes of tomatoes, 1,438 tonnes of peppers, 945 tonnes of Palermo peppers, 177.7 tonnes of cherry tomatoes, 97 tonnes of strawberries and 76 tonnes of eggplants in September, as well as 4.07 million flowers to EU countries, the UK and Switzerland. In June–September, tomato exports totaled 6,351 tonnes and pepper exports 6,127 tonnes.

AMD 2.59 billion will support exports of fresh fruit, food and beverages. In September, Armenia exported 2,691 tonnes of plums, 1,405 tonnes of peaches and nectarines, 859.9 tonnes of grapes, 329 tonnes of apples and 259.9 tonnes of figs. Beverage exports included 1.97 million liters (in pure alcohol terms) of bottled Armenian brandy, 665.3 thousand liters of fruit wine and 458.1 thousand liters of grape wine, as well as 839.9 thousand liters of natural mineral water. Exports also included 82.8 tonnes of trout, 134.4 tonnes of tomato paste and 40.8 tonnes of dried fruit or vegetables.

AMD 1.24 billion will subsidize purchases of figs from Syunik province in southern Armenia and peaches from across the country for processing. Processors bought 9,800 tonnes of peaches and 94 tonnes of figs in September, and a total of 15 thousand tonnes of peaches and 175 tonnes of figs from August 18 to September 30.

For June–August, AMD 4.38 billion had been approved to support greenhouse produce. As of October 21, 163 applications had claimed AMD 4.51 billion in compensation, of which AMD 4.06 billion had been paid. Of the AMD 7.98 billion approved for fruit, food and beverages, 485 applications claimed AMD 7.39 billion and AMD 6.88 billion was paid, while the unused AMD 596.7 million was deducted from the September requirement. For peach and fig purchases, 140 applications claimed AMD 1.17 billion, of which AMD 385 million had been paid.

The government adopted both support programs on June 4 and 11, 2026, to diversify export markets. The draft was prepared by the Ministry of Economy.