The Armenian producer, particularly in the agricultural sector, is facing a difficult situation due to the closure of the Russian market, which threatens their economic existence:
Analyst Tigran Dumikyan points out that the closure of the Russian market has led to irreversible economic losses for exporters:
According to him, official data shows that export volumes in June have significantly decreased:
In June 2025, the total export was 31,738 tons, while in June 2026 it dropped to only 8,095 tons, a decrease of 74.5%:
Exports to Russia have decreased by 99.6%, indicating that the market for Armenian products is virtually closed:
Dumikyan also mentions that the flower export sector, which had been developing in recent years, is now paralyzed:
Regarding the European direction, he notes that state authorities have not taken necessary steps:
This situation poses a threat to the existence of greenhouse farms and farmers:
