Armenia took eighth place in terms of trade with Russia
For 10 months of 2024, Armenia accounted for 1.8% of the foreign trade of the Russian Federation, and it was in 8th place among other countries. Italy is next, and Uzbekistan closes the top 10. The three leaders were China, India and Turkey.
 
The trade turnover of Armenia and Russia in 10 months of 2024 reached $10.2 billion, which is twice as much as in 2023.
 
Investments of the Russian Federation in an industrial project on the territory of Armenia reached $3.4 billion. More than 40 large Russian companies operate in the country. Some of them are the largest tax payers in the country's state budget.
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