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Russia’s expanded import restrictions could reduce Armenia’s exports by about 2% of GDP

S&P says expanded Russian import restrictions could affect Armenia’s exports by approximately 2% of gross domestic product. The measure could create a significant shock for Armenia’s trade-dependent economy.

By DoomRadar · Published on DoomRadar .

Why it matters

A trade shock of this size could weaken Armenia’s economy and intensify regional economic pressure.

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  1. Expanding import restrictions by Russia could affect Armenia's exports by approximately 2% of GDP – S&P ↗arka.am · Recorded source date: Aug 24, 2026, 8:32 PM UTC

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