Sectorial Brochure Agri-Food Sector of Armenia/BA | Page 2

PROCESSED FOOD
& BEVERAGES
KEY FACTS
Beverage
production grew by 34%
in 2017
Export-oriented:
37.4% growth in
export of beverages &
48.4% growth in
exports of agro-food
in 2017
Armenia is CIS region’s
1 st and world’s 6 th
largest
exporter of brandy
89%, 67%, 56%, and 44%
of food processing
companies have
EAEU, FDA, ISO and HACCP
certificates, respectively
Access to a consumer
market with
1.5 billion people with
0% or reduced
customs duties
Competitive labor cost:
average monthly salary
is $462 in beverage
and $251 in
agro-food industries
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