Overchuk speaks of “dramatic drop” in Russia-Armenia trade

06.08.2026 | 12:15 Home / News /

Russian Deputy Prime Minister Alexei Overchuk said that trade between Russia and Armenia is “declining dramatically.”

“The situation unfolding in relations between the Eurasian Economic Union (EAEU) and Armenia was predictable. Over the past three to four years, we have been warning our Armenian colleagues about these risks, particularly the risk of a decline in trade,” TASS quoted Overchuk as saying.

“In 2024, trade between Russia and Armenia reached a record high of around $12 billion, which was an enormous figure. Last year, it dropped to about $8 billion. This year, trade has fallen even more sharply, shrinking by about two-thirds compared to 2025. Given the current situation, it is clear that the decline will continue,” the Russian deputy prime minister said.
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