Trade turnover between Armenia and Russia decreased by 21.5 percent.… (армения · товарооборот · процент)
Trade turnover between Armenia and Russia decreased by 21.5 percent. Meanwhile, Armenia's trade turnover with Belarus increased by 8.3 percent, with Kazakhstan by 10 percent, and with Kyrgyzstan by 194.8 percent.
Consensus
- The trade volume between Armenia and Russia decreased by 21.5% in January–May 2026 compared to the same period in 2025.
- Russia's share in Armenia's total trade fell from 35.1% to 28% during the first five months of 2026.
- The overall trade volume of Armenia remained nearly unchanged at $7.865 billion for January–May 2026, compared to $7.870 billion in 2025.
- Trade between Armenia and other EAECS countries increased: with Belarus by 8.3%, Kazakhstan by 10%, and Kyrgyzstan by 194.8%.
- The share of the EAECS in Armenia's total trade decreased from 36.7% to 29.8% during the same period.
Points of divergence
- Armenian authorities have set a course toward distancing from Russia and closer integration with the European Union, regularly aligning with EU positions on international platforms. — vm
- Russian consumer goods stores are gradually losing Armenian products, and in May 2026, Rospotrebnadzor suspended imports and circulation of all batches of Armenian mineral water and alcoholic beverages. — vm
- Vice Prime Minister Alexey Overchuk estimated Armenia's losses from political signals toward Eurointegration at $5.1 billion. — vedomosti
- Chairman of the State Duma Vyacheslav Volodin stated that Armenia’s exit from the EAECS could cost it no less than $5 billion, or 15–20% of its GDP. — vedomosti
Coverage (2 sources)
- Trade turnover between Armenia and Russia fell by 21.5 percent — Вечерняя Москва
- Russia-Armenia trade turnover fell by 21.5% — Ведомости