Economy

Armenia’s foreign trade turnover drops in first quarter of 2025

2 minute read

Armenia's foreign trade turnover in the first quarter of 2025 was 54.2 percent lower than in the same period last year, amounting to $4 billion 480.1 million, according to the summary published by the Statistical Committee of the Republic of Armenia.

In March, compared to February, a 21.4 percent increase was recorded. However, compared to March 2024, the volume of foreign trade turnover was 31.8 percent lower, amounting to $1 billion 674.8 million.

In February, compared to January, the volume decreased by 3.2 percent, and by 60.7 percent compared to February of the previous year, amounting to $1 billion 379.8 million.

In January, trade turnover declined by 24.5 percent compared to December, and by 37.9 percent year-on-year, totaling $1 billion 425.5 million.

Exports in the first quarter were 61.8 percent lower than in the same period of the previous year, amounting to $1 billion 699.8 million.

In March, exports grew by 20.2 percent month-on-month but were 65.4 percent lower than in March 2024, totaling $643.5 million.

In February, exports increased by 2.8 percent compared to January, but were 67.3 percent lower than a year earlier, amounting to $535.4 million.

In January, exports were 31.2 percent lower than in December and 45.2 percent lower than in January of the previous year, totaling $520.9 million.

Imports in the first quarter were 47.9 percent lower than in the same period of the previous year, amounting to $2 billion 780.3 million.

In March, imports increased by 22.1 percent compared to February, but were 51.2 percent lower than in March of the previous year, totaling $1 billion 31.3 million.

In February, imports decreased by 6.7 percent compared to January and by 55 percent compared to February of the previous year, amounting to $844.4 million.

In January, imports were down by 20.1 percent from December and 32.8 percent year-on-year, totaling $904.6 million.

English Հայերեն ქართული Русский