Armenia’s Foreign Trade Turnover Surpassed USD 30 Billion in 2024
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Armenia’s foreign trade turnover increased by 41.5% in 2024, reaching USD 30.1591 billion. This was reported by the Statistical Committee of the Republic of Armenia.
In December, compared with November, foreign trade turnover decreased by 4.4%, and compared with 2023, it declined by 37.3%.
In the final month of 2024, foreign trade turnover amounted to USD 1.8889 billion. Exports increased by 53.1% compared with 2023, reaching USD 13.0922 billion.
In December, exports totaled USD 757.4 million, down 1.3% compared with November and 48.6% compared with December 2023. Import volumes in 2024 exceeded those of the previous year by 33.8%, reaching USD 17.0669 billion. In December, compared with November, imports declined by 6.5%, totaling USD 1.1315 billion. Compared with December 2023, import volumes decreased by 26.5%.
The above data are presented as a summary of the information received from the State Revenue Committee of the Republic of Armenia on January 20, 2025.
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