Time in Yerevan: 11:07:36,   28 January

Armenia’s export/import & trade turnover grows

Armenia’s export/import & trade turnover grows

YEREVAN, MARCH 1, ARMENPRESS. The volumes of exports from Armenia in January 2017 comprised 121 million 471.4 thousand USD.

According to the National Statistical Service, the volumes increased by 35.4% compared to January of 2016.

Imports to Armenia also increased, with volumes rising by 51.4% - comprising 237 million 224.8 thousand USD.

Trade turnover comprised 358 million 696,2 thousand USD in January 2017 – a 45.5% increase.

In terms of foreign trade turnover, Russia remains the leading partner of Armenia. Trade turnover worth 130 million 535.4 thousand USD was realized between Armenia and Russia in January 2017 – increasing by 60.8%. The second largest trade partner for Armenia is China – with 36 million 271.1 thousand USD worth trade being realized – increasing twice compared to the previous year.

The other large-volume trading partners for Armenia are:

Bulgaria – 19 million 361.5 thousand USD – 17.4% increase

Germany – 18 million 703.3 thousand USD – 8.2% increase

Trade turnover with Iran dropped by 7% - comprising 15 million 333.1 thousand USD

Switzerland – increase of over 27.8 % – comprising 15 million 55.7 thousand USD

The volumes of trade turnover between Armenia and the UAE also significantly increased – growing 8.3 % in January 2017 – comprising 14 million 868.6 thousand USD.

Trade turnover volumes with Georgia increased 10.4% - 12 million 294.2 thousand USD.

 








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