Armenia's exports to EU surge 80% in first half of 2026

Armenia’s exports to European Union countries jumped 80.2% in the first half of 2026, reaching about $516.5 million compared with $286.6 million in the same period last year. The rise occurred even as Armenia’s overall exports declined 6.7% year-on-year to $3.43 billion in January–June, while total foreign trade turnover stayed nearly flat at roughly $9.57 billion. Trade with EU countries expanded 46.2% to around $1.69 billion. Most of the growth in EU-bound exports was concentrated in Bulgaria and Belgium: exports to Bulgaria reached $179.7 million—more than six times the prior-year figure—while shipments to Belgium more than doubled to $113.7 million. Together, the two countries accounted for about 91% of the year-on-year increase. EU-Armenia trade relations are governed by the CEPA, in full force since March 2021.