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Armenian foreign trade deficit grows 21% in H1

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  • Armenian foreign trade deficit grows 21% in H1

    Armenian foreign trade deficit grows 21% in H1

    Interfax, Russia
    July 31, 2006

    YEREVAN. July 31 (Interfax) - Armenia's foreign trade deficit increased
    21.2% year-on-year to $513.5 million in the first half of 2006,
    a source in the National Statistics Service told Interfax.

    Foreign trade increased 12.6% year-on-year to $1.389 billion in
    January-June. Exports dropped 0.6% to $437.7 million, while imports
    grew 19.9% to $951.2 million.

    Foreign trade turnover amounted to $2.79 billion in 2005, up 35.1%
    from 2004. The trade deficit was $850 million. tj

    From: Emil Lazarian | Ararat NewsPress
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