Armenia’s Customs Revenues By Major Commodity Groups: EAEU VS. EU

The potential accession of the Republic of Armenia to the European Union (EU) has been widely discussed in scientific, political, and public discourse. However, much of the existing literature remains largely political, with limited attention paid to rigorous economic analysis. This gap underscores the relevance of assessing Armenia’s prospective EU membership using objective economic evaluation tools. Irrespective of political considerations, the economic implications of Armenia’s possible EU accession can be examined through quantitative analysis, allowing for an evidence-based assessment of its impact on the national economy. The purpose of this study is to evaluate the economic efficiency of Armenia’s EU membership by comparing it with a baseline scenario in which the country does not participate in any economic union.