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Europe

Armenia

EU Compliance · Geopolitical Risk · Sourcing Attractiveness

EU Compliance

lower score = lower risk

4.3

Geopolitical Risk

lower score = lower risk

3.4

Sourcing Attractiveness

higher score = more attractive

4.1

Why these scores

EU Compliance, by dimension

Forced & child labour3
Worker rights & FOA4
OHS & audit transparency4
Food & product safety4
Environmental & regulatory4
Governance & anti-corruption5
Tariff & preferential access5
Non-tariff barriers5
Supply chain traceability5

1 = lowest risk · methodology & sources

Geopolitical Risk, by dimension

Geopolitical conflict5
Supplier concentration3
Climate & physical risk3
Sanctions exposure2
Policy continuity & property rights4

1 = lowest risk · methodology & sources

Attractiveness, by dimension

Labour cost competitiveness7
Supply base depth3
Logistics & infrastructure3
Workforce skills5
Scalability5
Ease of doing business5
Trade access & tariffs3
Sustainability baseline3
Innovation & IP3
Quality standards4

9 = most attractive · methodology & sources

Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.

Data layers

The EU is Armenia's #3 import source (world lens). Armenia is the EU's #125 goods supplier.

Armenia on the world stage

Armenia$16.8bn total importsRussian Federation55.0% · $9.2bnChina9.9% · $1.7bnEU-279.4% · $1.6bnASEAN-66.2% · $1.0bnViet Nam5.2% · $881mIran3.7% · $629mGermany2.2% · $373mUS1.6% · $273mJapan0.7% · $108m

Total imports

$16.8bn

2024 annual

Total exports

$13.1bn

185 partners

#1 import source

Russian Federation

55.0%

#1 export dest.

United Arab Emirates

40.2%

2024 annual, UN Comtrade (HS TOTAL, all partners). Line colour: coverage (exports/imports per partner).

Armenia and the EU

EU imports from

€471m

0.0% of extra-EU

EU exports to

€2.0bn

0.1% of extra-EU

EU supplier rank

EU's #125 supplier

EU trade balance

balanced or surplus

coverage 4.15

2025 annual totals, Eurostat COMEXT. EU trade board →

Electricity & grid

National sources · carbon from Ember · estimated

Electricity costs →

Industrial

107

EUR/MWh

Consumer

109

EUR/MWh, all-in

Grid carbon

244

gCO₂e/kWh

Renewables

of generation

regulated market

Power market

Import dependence

Market model

Single buyer (regulated)

Direct PPA

Limited

grid access: limited

Reserve margin

Regulator

Independent

Public Services Regulatory Commission (PSRC)

A small system dependent on an ageing Soviet-era nuclear plant (Metsamor/ANPP, 35+ years old, no confirmed replacement), imported Russian gas for thermal generation, and a hydropower fleet constrained by Lake Sevan…

Power markets: full layer →

Tracked infrastructure

0 solar farms

capacity n/a · 1 building

Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →

Metal mining

Tagged mines

9

none in the merged layer

Acid-drainage prone

1

high water-risk ore class

Main commodities

Gold, Aluminium, Copper

Mine-water verifiability

Partial

national monitoring + EU4Environment surveys; NGO…

Water risk is inferred from the ore class, not site measurements. Global mines: full layer →

Demographics

UN World Population Prospects 2024 · medium variant

ASEAN demographics →

Median age

36.1

→ 45.2 by 2050

Fertility

1.72

below replacement

Working-age

67.1%

aged 15–64

Old-age dep.

20.4

→ 39 by 2050

Median age 1990–2050

Population 2.97M · peaks 2024

By 2050: -16% (2.5M)