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Armenia’s exports to European Union countries rose by 51% in January–September 2026 compared with the same period last year, increasing from US$475 million to US$717 million.
Economy Minister Gevorg Papoyan presented the figures during a briefing with journalists at the National Assembly on 6 November, discussing the diversification of export markets.
The minister said the figures concerned products of Armenian origin.
According to the data he presented, exports to Bulgaria rose to 4.9 times their previous level, Malta to 4.8 times, Austria to 3.1 times, Poland to three times, Estonia to 2.8 times and Slovenia to 2.7 times. Growth was also recorded in exports to several other EU destinations.
“We exported various goods: fruit and vegetables, agricultural products, mineral products, machinery and equipment, and technology products,” Papoyan said.
The minister also linked market diversification to the search for alternative destinations amid Russian restrictions.
“As a result of the restrictions imposed by Russia, we have discovered new markets, and Armenian products have reached the EU, the Middle East and Central Asian countries. This is why diversification is progressing at a fairly strong pace,” he said.
Papoyan said entering new markets had also helped improve the competitiveness of Armenia’s economy. He maintained that government support measures had made it possible to resolve problems with selling agricultural produce.
Addressing the continuation of state support, the minister stressed that subsidies should be based on effectiveness.
Papoyan had also announced the rise in exports to the EU from US$475 million to US$717 million, representing 51% growth, on 21 October when presenting the January–September figures.