External sector
Republic of Armenia — External sector
“External sector” is a section of BusinessDaily.am’s “Armenia in Numbers” reference: 7 tables, 151 indicators for the Republic of Armenia.
Period: January–August / end of August 2026.
Source: Statistical Committee of the Republic of Armenia.
Foreign and mutual trade summary, August 2026, million USD
| Indicator | August 2026 | August 2026 to August 2025, % | August 2026 to July 2026, % |
|---|---|---|---|
| Exports | 573.5 | 101.3 | 96.0 |
| Imports | 1 089.7 | 114.9 | 82.5 |
| Trade turnover | 1 663.2 | 109.8 | 86.7 |
Data of the State Revenue Committee of RA (energy: Ministry of Territorial Administration and Infrastructure and energy companies). Mutual trade covers trade between Armenia and EAEU countries only.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
Foreign and mutual trade summary, January–August 2026
| Indicator | billion AMD | million USD |
|---|---|---|
| Exports (FOB) | 1 721.9 | 4 623.9 |
| Imports (CIF) | 3 217.7 | 8 650.4 |
| Trade turnover | 4 939.6 | 13 274.3 |
| Trade balance | −1 495.8 | −4 026.5 |
| Trade balance (excluding humanitarian aid) | −1 477.0 | −3 976.4 |
Data of the State Revenue Committee of RA (energy: Ministry of Territorial Administration and Infrastructure and energy companies). Mutual trade covers trade between Armenia and EAEU countries only.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
Foreign and mutual trade of RA by country, thousand USD
| Country | Exports, January–August 2025 | Exports, January–August 2026 | Exports, growth, % | Imports, January–August 2025 | Imports, January–August 2026 | Imports, growth, % |
|---|---|---|---|---|---|---|
| Total | 4 947 716.5 | 4 623 897.4 | 93.5 | 7 915 757.8 | 8 650 394.1 | 109.3 |
| CIS countries | 1 989 745.6 | 1 880 777.1 | 94.5 | 2 774 143.9 | 2 188 231.3 | 78.9 |
| EAEU countries | 1 950 723.0 | 1 785 254.3 | 91.5 | 2 692 496.7 | 2 061 282.0 | 76.6 |
| Russian Federation | 1 816 229.4 | 1 651 813.2 | 90.9 | 2 625 699.2 | 1 939 179.9 | 73.9 |
| Belarus | 88 363.8 | 88 229.9 | 99.8 | 50 121.4 | 82 591.5 | 164.8 |
| Kazakhstan | 39 413.0 | 27 037.5 | 68.6 | 16 212.5 | 35 336.1 | 2.2 times |
| Kyrgyzstan | 6 716.8 | 18 173.7 | 2.7 times | 463.6 | 4 174.5 | 9.0 times |
| Other CIS countries | 39 022.6 | 95 522.8 | 2.4 times | 81 647.2 | 126 949.3 | 155.5 |
| Ukraine | 7 278.8 | 18 402.1 | 2.5 times | 60 479.9 | 76 740.7 | 126.9 |
| Turkmenistan | 20 277.0 | 36 822.3 | 181.6 | 613.8 | 8 371.3 | 13.6 times |
| Uzbekistan | 7 575.1 | 34 380.5 | 4.5 times | 18 350.5 | 19 510.9 | 106.3 |
| Other | 3 891.7 | 5 917.9 | 152.1 | 2 203.0 | 22 326.4 | 10.1 times |
| EU countries | 390 512.4 | 649 972.9 | 166.4 | 1 188 012.0 | 1 779 865.3 | 149.8 |
| Austria | 6 687.1 | 17 813.9 | 2.7 times | 34 761.3 | 40 208.6 | 115.7 |
| Belgium | 74 032.4 | 144 500.7 | 195.2 | 35 299.5 | 48 800.8 | 138.2 |
| Bulgaria | 36 686.7 | 183 738.6 | 5.0 times | 16 436.8 | 59 967.0 | 3.6 times |
| Denmark | 103.9 | 105.6 | 101.6 | 7 351.2 | 6 617.1 | 90.0 |
| Finland | 45.0 | 134.8 | 3.0 times | 27 018.3 | 26 330.9 | 97.5 |
| France | 4 209.7 | 4 180.6 | 99.3 | 145 937.1 | 171 200.5 | 117.3 |
| Germany | 71 367.4 | 72 340.1 | 101.4 | 225 978.7 | 317 838.0 | 140.6 |
| Greece | 1 463.3 | 1 471.4 | 100.6 | 38 177.7 | 43 635.2 | 114.3 |
| Hungary | 358.6 | 524.2 | 146.2 | 31 269.8 | 30 440.8 | 97.3 |
| Italy | 40 329.9 | 52 170.2 | 129.4 | 255 391.7 | 260 970.6 | 102.2 |
| Poland | 7 252.0 | 20 651.4 | 2.8 times | 50 743.8 | 92 027.8 | 181.4 |
| Romania | 3 651.5 | 3 752.4 | 102.8 | 62 765.5 | 58 652.0 | 93.4 |
| Netherlands | 89 794.4 | 75 673.1 | 84.3 | 44 667.2 | 63 041.3 | 141.1 |
| Portugal | 222.9 | 69.5 | 31.2 | 8 112.5 | 10 408.4 | 128.3 |
| Spain | 1 918.4 | 4 377.8 | 2.3 times | 54 291.0 | 58 226.6 | 107.2 |
| Cyprus | 971.6 | 2 271.7 | 2.3 times | 659.5 | 12 927.5 | 19.6 times |
| Czech Republic | 2 708.4 | 4 707.4 | 173.8 | 27 969.7 | 32 112.8 | 114.8 |
| Lithuania | 4 672.2 | 12 713.0 | 2.7 times | 2 781.4 | 4 265.7 | 153.4 |
| Slovakia | 35 793.7 | 34 951.9 | 97.6 | 11 110.8 | 12 807.4 | 115.3 |
| Sweden | 388.3 | 1 015.1 | 2.6 times | 19 588.6 | 21 978.5 | 112.2 |
| Other EU countries | 7 855.0 | 12 809.5 | 163.1 | 87 699.9 | 407 407.8 | 4.6 times |
| Other countries | 2 567 458.5 | 2 093 147.4 | 81.5 | 3 953 601.9 | 4 682 297.5 | 118.4 |
| Republic of Korea | 12 396.1 | 19 903.7 | 160.6 | 77 880.8 | 102 210.3 | 131.2 |
| United States | 33 542.0 | 29 199.6 | 87.1 | 205 751.9 | 295 504.2 | 143.6 |
| United Arab Emirates | 1 259 183.7 | 363 781.6 | 28.9 | 50 824.2 | 36 217.4 | 71.3 |
| Iran | 61 405.7 | 62 518.8 | 101.8 | 420 869.8 | 455 121.8 | 108.1 |
| Switzerland | 97 534.4 | 73 013.7 | 74.9 | 24 737.4 | 27 016.4 | 109.2 |
| China | 430 631.4 | 780 603.4 | 181.3 | 1 231 487.0 | 1 397 313.6 | 113.5 |
| Brazil | 3 584.7 | 38 998.1 | 10.9 times | 50 118.7 | 48 336.9 | 96.4 |
| Japan | 15 424.5 | 8 501.9 | 55.1 | 79 083.0 | 90 017.4 | 113.8 |
| Iraq | 229 089.3 | 226 645.3 | 98.9 | 777.6 | 2 908.4 | 3.7 times |
| United Kingdom | 623.6 | 898.2 | 144.0 | 70 531.7 | 86 414.0 | 122.5 |
| Canada | 1 707.5 | 2 155.2 | 126.2 | 17 337.3 | 22 705.5 | 131.0 |
| Georgia | 85 457.8 | 93 989.7 | 110.0 | 87 936.7 | 104 736.0 | 119.1 |
| Other | 336 877.8 | 392 938.2 | 116.6 | 1 636 265.8 | 2 013 795.6 | 123.1 |
Data of the State Revenue Committee of RA (energy: Ministry of Territorial Administration and Infrastructure and energy companies). Mutual trade covers trade between Armenia and EAEU countries only. Imports by country of origin.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
Trade turnover and trade balance of RA by country, thousand USD
| Country | Turnover, January–August 2025 | Share, % | Turnover, January–August 2026 | Share, % | Growth, % | Balance, January–August 2025 | Balance, January–August 2026 |
|---|---|---|---|---|---|---|---|
| Total | 12 863 474.3 | 100.0 | 13 274 291.5 | 100.0 | 103.2 | −2 968 041.3 | −4 026 496.7 |
| CIS countries | 4 763 889.5 | 37.0 | 4 069 008.4 | 30.7 | 85.4 | −784 398.3 | −307 454.2 |
| EAEU countries | 4 643 219.7 | 36.1 | 3 846 536.3 | 29.0 | 82.8 | −741 773.7 | −276 027.7 |
| Russian Federation | 4 441 928.6 | 34.5 | 3 590 993.1 | 27.0 | 80.8 | −809 469.8 | −287 366.7 |
| Belarus | 138 485.2 | 1.1 | 170 821.4 | 1.3 | 123.3 | 38 242.4 | 5 638.4 |
| Kazakhstan | 55 625.5 | 0.4 | 62 373.5 | 0.5 | 112.1 | 23 200.5 | −8 298.5 |
| Kyrgyzstan | 7 180.4 | 0.1 | 22 348.3 | 0.2 | 3.1 times | 6 253.2 | 13 999.1 |
| Other CIS countries | 120 669.8 | 0.9 | 222 472.1 | 1.7 | 184.4 | −42 624.6 | −31 426.5 |
| Ukraine | 67 758.7 | 0.5 | 95 142.8 | 0.7 | 140.4 | −53 201.1 | −58 338.6 |
| Turkmenistan | 20 890.8 | 0.2 | 45 193.6 | 0.4 | 2.2 times | 19 663.2 | 28 451.0 |
| Uzbekistan | 25 925.6 | 0.2 | 53 891.4 | 0.4 | 2.1 times | −10 775.4 | 14 869.6 |
| Other | 6 094.7 | 0.0 | 28 244.3 | 0.2 | 4.6 times | 1 688.7 | −16 408.5 |
| EU countries | 1 578 524.4 | 12.3 | 2 429 838.2 | 19.0 | 153.9 | −797 499.6 | −1 129 892.4 |
| Austria | 41 448.4 | 0.3 | 58 022.5 | 0.4 | 140.0 | −28 074.2 | −22 394.7 |
| Belgium | 109 331.9 | 0.9 | 193 301.5 | 1.5 | 176.8 | 38 732.9 | 95 699.9 |
| Bulgaria | 53 123.5 | 0.4 | 243 705.3 | 2.0 | 4.6 times | 20 249.9 | 123 771.6 |
| Denmark | 7 455.1 | 0.1 | 6 722.7 | 0.1 | 90.2 | −7 247.3 | −6 511.5 |
| Finland | 27 063.3 | 0.2 | 26 465.7 | 0.2 | 97.8 | −26 973.3 | −26 196.1 |
| France | 150 146.8 | 1.2 | 175 381.1 | 1.4 | 116.8 | −141 727.4 | −167 019.9 |
| Germany | 297 346.1 | 2.3 | 390 178.1 | 2.9 | 131.2 | −154 611.3 | −245 497.9 |
| Greece | 39 641.0 | 0.3 | 45 106.6 | 0.3 | 113.8 | −36 714.4 | −42 163.8 |
| Hungary | 31 628.4 | 0.2 | 30 965.0 | 0.2 | 97.9 | −30 911.2 | −29 916.6 |
| Italy | 295 721.6 | 2.3 | 313 140.8 | 2.4 | 105.9 | −215 061.8 | −208 800.4 |
| Poland | 57 995.8 | 0.5 | 112 679.2 | 0.9 | 194.3 | −43 491.8 | −71 376.4 |
| Romania | 66 417.0 | 0.5 | 62 404.4 | 0.5 | 94.0 | −59 114.0 | −54 899.6 |
| Netherlands | 134 461.6 | 1.0 | 138 714.4 | 1.0 | 103.2 | 45 127.2 | 12 631.8 |
| Portugal | 8 335.4 | 0.1 | 10 477.9 | 0.1 | 125.7 | −7 889.6 | −10 338.9 |
| Spain | 56 209.4 | 0.4 | 62 604.4 | 0.5 | 111.4 | −52 372.6 | −53 848.8 |
| Cyprus | 1 631.1 | 0.0 | 15 199.2 | 0.1 | 9.3 times | 312.1 | −10 655.8 |
| Czech Republic | 30 678.1 | 0.2 | 36 820.2 | 0.3 | 120.0 | −25 261.3 | −27 405.4 |
| Lithuania | 7 453.6 | 0.1 | 16 978.7 | 0.1 | 2.3 times | 1 890.8 | 8 447.3 |
| Slovakia | 46 904.5 | 0.4 | 47 759.3 | 0.4 | 101.8 | 24 682.9 | 22 144.5 |
| Sweden | 19 976.9 | 0.2 | 22 993.6 | 0.2 | 115.1 | −19 200.3 | −20 963.4 |
| Other EU countries | 95 554.9 | 0.7 | 420 217.6 | 3.5 | 4.4 times | −79 844.9 | −394 598.3 |
| Other countries | 6 521 060.4 | 50.7 | 6 775 444.9 | 50.3 | 103.9 | −1 386 143.4 | −2 589 150.1 |
| Republic of Korea | 90 276.9 | 0.7 | 122 114.0 | 0.9 | 135.3 | −65 484.7 | −82 306.6 |
| United States | 239 293.9 | 1.9 | 324 703.8 | 2.5 | 135.7 | −172 209.9 | −266 304.6 |
| United Arab Emirates | 1 310 007.9 | 10.2 | 399 999.0 | 3.1 | 30.5 | 1 208 359.5 | 327 564.2 |
| Iran | 482 275.5 | 3.7 | 517 640.6 | 3.8 | 107.3 | −359 464.1 | −392 603.0 |
| Switzerland | 122 271.8 | 1.0 | 100 030.1 | 0.8 | 81.8 | 72 797.0 | 45 997.3 |
| China | 1 662 118.4 | 13.0 | 2 177 917.0 | 15.7 | 131.0 | −800 855.7 | −616 710.2 |
| Brazil | 53 703.4 | 0.4 | 87 335.0 | 0.7 | 162.6 | −46 534.0 | −9 338.8 |
| Japan | 94 507.5 | 0.7 | 98 519.3 | 0.8 | 104.2 | −63 658.5 | −81 515.5 |
| Iraq | 229 867.0 | 1.8 | 229 554.0 | 1.7 | 99.9 | 228 311.7 | 223 736.9 |
| United Kingdom | 71 155.3 | 0.6 | 87 312.2 | 0.6 | 122.7 | −69 908.1 | −85 515.8 |
| Canada | 19 044.8 | 0.1 | 24 860.7 | 0.2 | 130.5 | −15 629.8 | −20 550.3 |
| Georgia | 173 394.5 | 1.3 | 198 725.7 | 1.5 | 114.6 | −2 478.9 | −10 746.3 |
| Other | 1 973 143.5 | 15.3 | 2 406 733.5 | 18.0 | 122.0 | −1 299 387.9 | −1 620 857.4 |
Data of the State Revenue Committee of RA (energy: Ministry of Territorial Administration and Infrastructure and energy companies). Mutual trade covers trade between Armenia and EAEU countries only.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
Exports and imports by commodity section, thousand USD
| Country | Exports, January–August 2025 | Exports, January–August 2026 | Exports, growth, % | Imports, January–August 2025 | Imports, January–August 2026 | Imports, growth, % |
|---|---|---|---|---|---|---|
| Total | 4 947 716.5 | 4 623 897.4 | 93.5 | 7 915 757.8 | 8 650 394.1 | 109.3 |
| live animals and animal products | 61 843.7 | 49 211.0 | 79.6 | 198 009.5 | 234 374.6 | 118.4 |
| vegetable products | 208 255.7 | 134 880.1 | 64.8 | 271 365.3 | 338 914.2 | 124.9 |
| animal or vegetable fats and oils | 793.9 | 7 664.3 | 9.7 times | 53 301.7 | 60 117.9 | 112.8 |
| prepared foodstuffs | 770 181.6 | 765 972.6 | 99.5 | 532 372.5 | 668 421.0 | 125.6 |
| mineral products | 717 159.4 | 1 275 282.5 | 177.8 | 740 884.7 | 965 713.4 | 130.3 |
| chemical products | 77 614.5 | 82 691.2 | 106.5 | 439 685.6 | 572 854.0 | 130.3 |
| plastics and rubber | 33 953.7 | 30 702.0 | 90.4 | 246 580.1 | 265 557.3 | 107.7 |
| hides, leather, furs and articles | 13 048.8 | 10 158.7 | 77.9 | 24 259.1 | 23 300.4 | 96.0 |
| wood and articles of wood | 3 053.8 | 2 307.7 | 75.6 | 70 839.6 | 81 225.7 | 114.7 |
| paper and paper products | 3 173.7 | 3 158.4 | 99.5 | 128 325.5 | 111 611.8 | 87.0 |
| textiles and textile articles | 214 434.4 | 204 457.6 | 95.3 | 416 752.6 | 413 024.6 | 99.1 |
| footwear, headgear, umbrellas | 50 926.1 | 27 934.8 | 54.9 | 99 690.7 | 94 826.7 | 95.1 |
| articles of stone, plaster, cement | 32 826.6 | 43 668.1 | 133.0 | 128 697.9 | 147 725.0 | 114.8 |
| precious stones, precious metals and articles | 1 557 083.7 | 726 111.8 | 46.6 | 1 388 069.7 | 471 616.9 | 34.0 |
| base metals and articles | 196 792.2 | 215 140.2 | 109.3 | 412 192.3 | 424 970.1 | 103.1 |
| machinery and equipment | 808 951.8 | 809 903.7 | 100.1 | 1 683 809.6 | 2 335 129.1 | 138.7 |
| vehicles, aircraft and vessels | 33 875.3 | 50 268.6 | 148.4 | 683 919.9 | 989 402.3 | 144.7 |
| instruments and apparatus | 118 868.1 | 134 167.0 | 112.9 | 202 501.9 | 233 806.3 | 115.5 |
| miscellaneous manufactured articles | 44 496.4 | 50 082.6 | 112.6 | 193 548.8 | 214 054.4 | 110.6 |
| works of art | 383.1 | 134.5 | 35.1 | 950.8 | 3 748.4 | 3.9 times |
Commodities classified by sections of the EAEU Commodity Nomenclature of Foreign Economic Activity.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
USD, EUR and RUB exchange rates in 2026, AMD
| Period | 1 US dollar | 1 euro | 1 Russian ruble |
|---|---|---|---|
| January, end of month | 378.64 | 451.38 | 4.98 |
| January, monthly average | 379.98 | 445.17 | 4.87 |
| February, end of month | 377.00 | 444.78 | 4.88 |
| February, monthly average | 377.55 | 446.49 | 4.91 |
| March, end of month | 377.16 | 432.19 | 4.63 |
| March, monthly average | 377.36 | 436.07 | 4.69 |
| Q1 (average) | 378.30 | 442.58 | 4.82 |
| April, end of month | 370.78 | 434.41 | 4.94 |
| April, monthly average | 374.23 | 437.66 | 4.87 |
| May, end of month | 368.18 | 428.71 | 5.18 |
| May, monthly average | 368.55 | 430.38 | 5.06 |
| June, end of month | 367.89 | 419.47 | 4.71 |
| June, monthly average | 368.26 | 424.20 | 4.98 |
| Q2 (average) | 370.35 | 430.75 | 4.97 |
| July, end of month | 366.20 | 421.13 | 4.61 |
| July, monthly average | 366.89 | 418.98 | 4.70 |
| August, 31st | 364.47 | 422.71 | 4.21 |
| August, monthly average | 365.48 | 423.62 | 4.37 |
| January–August (average) | 372.29 | 432.82 | 4.81 |
Market exchange rates, data of the Central Bank of RA.
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)
Selected exchange rates, AMD
| Currency | 30.06.2026 | 31.07.2026 | 31.08.2026 |
|---|---|---|---|
| 1 pound sterling | 486.87 | 492.25 | 493.49 |
| 100 Iranian rials | 0.03 | 0.03 | 0.03 |
| 1 Canadian dollar | 258.51 | 261.16 | 262.32 |
| 10 Japanese yen | 22.66 | 22.89 | 22.82 |
| 1 Swiss franc | 454.92 | 452.55 | 450.69 |
| 1 Ukrainian hryvnia | 8.21 | 8.20 | 8.18 |
| 1 Georgian lari | 139.07 | 139.52 | 139.38 |
Armstat, “Socio-economic situation of RA, January–August 2026” (PDF in Russian)