Since the beginning of 2016, Armenia has started rehabilitating its brandy export, as per the report of the Customs Service of the State Revenue Committee of Armenia (SRC).

In the first quarter of 2015, Armenia exported roughly 4 mln 526,000 l brandy and brandy spirits, the amount of export constituting $40.7 mln USD. And in the first quarter of 2016, the export already made up 10 mln 67,000 liter amounting to $70.5 mln USD. Since the beginning of 2016, brandy became the third export product of Armenia according to its sale proceeds. 

As before, Russia was again the main purchaser of brandy($60.8 mln USD). The rest of the relatively large purchasers are Belarus and Urkaine ($2.2 and 1.9 mln USD), Iraq ($1.4 mln USD) and U.S. ($1.1 mln USD).

Relatively more expensive brandy was exported to the U.S. ($40 USD per liter).