Economy

Armenian exports to EU member states rise by 51%, says Papoyan

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Armenian exports to EU member states rise by 51%, says Papoyan

Armenian Economy Minister Gevorg Papoyan has announced that exports of Armenian products to EU member states have increased by 51 per cent.

In a Facebook post, Papoyan presented export statistics for January–September this year, comparing them with the same period in 2025.

Exports to EU member states totalled US$475 million in January–September last year, rising to US$717 million in the same period this year.

Papoyan provided the following breakdown by country:

Bulgaria: up 4.9-fold;

Malta: up 4.8-fold;

Austria: up 3.1-fold;

Poland: up threefold;

Estonia: up 2.8-fold;

Slovenia: up 2.7-fold;

Finland: up 2.5-fold;

Lithuania: up 2.4-fold;

Cyprus: up 2.2-fold;

Spain: up 2.1-fold;

Sweden: doubled;

Czechia: up 80.4 per cent;

Croatia: up 71.3 per cent;

Belgium: up 40.6 per cent;

Ireland: up 34.6 per cent;

Italy: up 31.6 per cent;

Hungary: up 31 per cent;

Latvia: up 10.9 per cent;

Romania: up 3.6 per cent;

Denmark: up 1.4 per cent;

Slovakia: down 1.4 per cent;

France: down 1.6 per cent;

Germany: down 7.6 per cent;

Greece: down 10.6 per cent;

The Netherlands: down 13.7 per cent;

Luxembourg: down 32.3 per cent;

Portugal: down 32.8 per cent.

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