Armenia’s foreign trade turnover increased by 41.5% in 2024, reaching $30.159 billion, according to the Statistical Committee of Armenia.

In December, trade turnover declined by 4.4% compared to November and by 37.3% year-over-year, amounting to $1.889 billion, Armenpress reports.

Exports grew by 53.1% compared to 2023, reaching $13.092 billion. In December, exports totaled $757.4 million, down by 1.3% from November and by 48.6% from December 2023.

Imports increased by 33.8% year-over-year, reaching $17.067 billion. In December, imports fell by 6.5% compared to November, amounting to $1.132 billion, marking a 26.5% decline from December 2023.

These figures were reported based on data from the State Revenue Committee as of January 20, 2025.