ArmInfo.Trade between Armenia and Russia is continuing to grow and showing progressive dynamics, as stated by Sergey Solomin, Russia's Trade Representative in Armenia, during a press conference on March 9. According to him, the decline in mutual trade figures in 2025 is due to the fact that a significant volume of re-exported precious metals and stones were previously included in the trade turnover.
"Accordingly, these commodity groups contributed a large share to the total trade turnover. From 2025, they are exported from Russia to third countries directly, without re-export. Therefore, the surge observed in 2024 statistics has leveled out. However, when looking at the traditional commodity groups that drive trade between our countries, we see that their volumes continue to grow. Thus, in terms of the fundamental principles of trade between Armenia and Russia, we are seeing progressive progress, and within the EAEU, processes are even more dynamic," Solomin explained.
In turn, Vigen Yenokyan, head of the Russian Export Center (REC), noted that, for example, agricultural exports from Russia to Armenia have increased by 20%, grain shipments - by 55%, wheat- by 19.6%, sunflower oil -by 7.4%, and nitrogen fertilizers- by 7.4%. "Overall, if we look at the agricultural sector, the dynamics remain extremely positive," the head of the REC noted.
The press conference was held on the occasion of the upcoming visit of a Russian business delegation to Armenia on March 11-12. According to Yenokyan, it includes representatives from 19 companies- manufacturers of food products, household chemicals, perfumes, and cosmetics.
The Russian Export Center is holding talks with Armenian distributors, retail chains, and other business representatives interested in establishing direct contacts through this platform.
Additionally, a business mission from the Republic of Adygea will arrive in Yerevan on March 10, and manufacturers from the Oryol Region are expected to visit from March 24 to 26. "We see great potential and will make every effort to complement our economies by organizing similar events and building contacts between our companies," Yenokyan said.
It should be noted that according to the RA Statistical Committee, mutual trade between Armenia and Russia in 2025 showed a decline of 38.3%, reaching $7.6 billion. There was a decrease in exports by 6.9% to $2.9 billion, and a decline in imports by 49.2% to $4.7 billion.
