Economy

Semi-precious stones, precious metals, machinery named top Armenian exports in January-April

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Semi-precious stones, precious metals, machinery named top Armenian exports in January-April

YEREVAN, JUNE 8, ARMENPRESS. Armenia exported goods worth 2 billion 158 million 463,4 thousand dollars in January-April of 2023 – a 2,1-fold growth compared to the same period of 2022. Most of the exports went to Russia, according to official statistics.

Precious and semi-precious stones, precious metals and related items comprised most of the exported goods.

In the reporting period the exports to fellow EEU member states stood at 1 billion 109 million 873,2 thousand dollars, increasing 3,8 times compared to 2022, while exports to EU countries comprised 234 million 989,7 thousand dollars, dropping 9,5%.

Most of the exports – 1 billion 64 million 44,8 thousand dollars worth – were shipped to Russia, a growth of 3,8 times compared to January-April 2022, according to the Statistical Committee data. The second top export destination for Armenian goods in the reporting period was the United Arab Emirates – with 372 million 641,8 thousand dollars (8,9-fold increase). China is third top destination with 135 million 017,4 thousand dollars – a growth of 20,1%.

Armenian exports to neighboring Georgia and Iran also increased. Exports to Georgia (51 million 502,1 thousand dollars) grew 46,1% while exports to Iran (35 million 630,2 thousand dollars) grew 5,9%.

The data shows a massive, 183,1-fold growth of exports (347,8 thousand dollars) to Romania.

Exports to the Republic of Korea grew 78 times, comprising 9 million 764,8 thousand dollars.

Exports to France totaled 2 million 883,9 thousand dollars – a 98,5% growth.

Most of the exported goods (508 million 61.2 thousand dollars) comprised precious and semi-precious stones, precious metals and goods made of precious and semi-precious stones and precious metals.

The second top exported goods in the reporting period were vehicles, equipment and mechanisms (368 million 439,8 thousand dollars, 15-fold growth).

Food was the third top exported product (269 million 987,9 thousand dollars, 43,6% growth).

AREMNPRESS

Armenia, Yerevan, 0002, Martiros Saryan 22

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