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Economic diplomacy

Italy is one of Armenia’s most important economic partners, one of the first among EU. In the period January-June 2023, the value of Italian exports to Armenia amounted to 171.47 million euros, recording an increase of 77.2% compared to the same period in the previous year. Regarding Italian imports, this value amounted to 26.69 million euros, with a contraction of 12.8% compared to the previous year. 

The most important trading sector is textiles/footwear, although the metals sector has seen a significant boost in 2022.

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