YEREVAN, FEBRUARY 21, ARMENPRESS. The Eurasian Economic Union’s (EEU) mutual trade volume grew by 10,3% and totaled 80,6 billion dollars in 2022, the Eurasian Economic Commission (EEC) said in a statement citing the Eurasian Development Bank’s data.

It added that Armenia, Belarus, Kazakhstan and Kyrgyzstan increased their exports in the EEU by 9,8 billion dollars (1,4 times), of which by 9,5 billion dollars into Russia.

“Armenia’s exports to the EEU grew by 1,6 billion dollars (2,8 times), Belarus’ exports by 5,6 billion dollars (1,3 times), Kazakhstan’s exports by 1,9 billion dollars (1,2 times) and Kyrgyzstan’s exports by 646 million dollars (1,8 times), the EEC said.

The EEC said that the importance of the union’s market grew significantly for Armenia and Kyrgyzstan. The share of the union’s countries in the total exports of Armenia grew from 29,3% to 46,8%, and from 28,8% to 65,8% for Kyrgyzstan.”