Trade turnover between Russia and Armenia increased to a record high in 2022

Federal News Agency
Federal News Agency

The trade turnover between Russia and Armenia hit a record and amounted to $3.8 billion over the ten months of this year. This was stated by Deputy Prime Minister of the Republic Mher Grigoryan.

According to him, such figures exceed last year’s by more than 85%. Imports of products from the Russian Federation to Armenia amounted to the equivalent of $2.1 billion, exceeding the values ​​of 2021 by more than 53%. At the same time, the export of Armenian goods to Russia reached $1.7 billion, exceeding last year’s figures by 2.5 times.

Grigoryan added that Russia and Armenia have mutual understanding in matters of cooperation within the framework of the EAEU and the CIS.


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