Trade turnover between Armenia, EAEU countries to drop by 55.6% if it leaves Union

TASS

MOSCOW, October 20. /TASS/. The trade turnover between Armenia and member-states of the Eurasian Economic Union (EAEU) will fall by 55.6% in case its membership in the EAEU is suspended, according to the joint report of Russia, Belarus, Kazakhstan and Kyrgyzstan presented by the press service of the Russian government.

According to the report, implementation of measures linked to suspension of norms of the EAEU Treaty and regulatory acts of the EAEU in respect of Armenia will directly influence its trade and economic relations with EAEU member-countries. The data for 2025 indicates that the Armenian trade turnover with EAEU countries totaled $7.99 bln, including Armenian exports worth $3.17 bln and imports from the EAEU totaling $4.82 bln. The EAEU accounted for 37.8% of the Armenian trade turnover, including 38% of exports and 37.7% of imports.

"As a result, in case of suspension of membership of the Republic of Armenia in the EAEU, the total trade turnover of the Republic of Armenia will contract by $4,439.7 mln or by 55.6% against the level of 2025; from $7,990.6 mln to $3,550.9 mln," the report indicates.

Fonte: TASS