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Exports From Armenia Grow By 2.3% And Imports By 20.9% In January-Oc

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  • Exports From Armenia Grow By 2.3% And Imports By 20.9% In January-Oc

    EXPORTS FROM ARMENIA GROW BY 2.3% AND IMPORTS BY 20.9% IN JANUARY-OCTOBER 2006 ON SAME MONTHS OF LAST YEAR

    Noyan Tapan
    Dec 12 2006

    YEREVAN, DECEMBER 12, NOYAN TAPAN. By the data of the State Customs
    Committee adjunct to the RA government, Armenia's foreign trade
    made 1 trillion 69 billion 260.2 million drams (2 bln 536.2 mln USD)
    in January-October 2006. By the data of the RA National Statistical
    Service, commodity exports made 340 bln 899.4 mln drams or about 810.9
    mln USD (a 2.3% grwoth), while imports - 728 bln 360.8 mln drams or
    1 bln 725.2 mln USD (20.9% growth). The foreign trade balance was
    negative by 387 bln 461.4 mln drams (914.3 mln USD), that without
    goods received as humanitarian aid - 370 bln 473.2 mln drams (874.2 mln
    USD). In the indicated period, exports from Armenia to CIS countries
    amounted to 164 mln 396.6 thousand USD (10.2% growth), imports -
    to 452 mln 771 thousand USD (42.9% growth). Exports to Russia made
    93 mln 796.8 thousand USD (1.2% growth), imports from Russia - 243
    mln 181.6 thousand USD (17.3% growth). These indices with respect to
    Georgia made 43 mln 762.7 thousand USD (13.3% growth) and 57 mln 352.4
    thousand USD (50.7% growth). In January-October 2006, exports to EU
    countries made 392 mln 198.9 thousand USD (5.1% growth), imports from
    these countries - 524 mln 281.4 thousand USD (11% growth). Exports
    to Belgium made 93 mln 967.2 thousand USD (13.1% decline), imports -
    128 mln 392.5 thousand USD (8% decline). These indices with respect
    to Germany made 128 mln 233.9 thousand USD (0.9% growth) and 67 mln
    331.9 thousand USD (21.2% decline), regarding Italy - 23 mln 984.9
    thousand USD (11.2% growth) and 64 mln 408 thousand USD (82.4% growth),
    regarding the Netherlands - 102 mln 428.5 thousand USD (0.1% growth)
    and 18 mln 442.3 thousand USD (69.5% growth). Exports from Armenia
    to other countries in the first ten months of this year made 254 mln
    328 thousand USD (5.9% decline), imports - 748 mln 180.3 thousand USD
    (17.3% growth). Including exports to Israel - 89 mln 70.8 thousand USD
    (2.4% decline) and imports from Israel - 74 mln 261.4 thousand USD
    (12.8%); exports to the US - 51 mln 638.8 thousand USD (2% growth) and
    imports from the US - 110 mln 168.5 thousand USD (16.8% growth). The
    same indices with respect to Iran made 25 mln 145.7 thousand USD (3.8%
    decline) and 101 mln 748.7 thousand USD (23.4% growth), Turkey - 1 mln
    539.8 thousand USD (22.2% decline) and 66 mln 179 thousand USD (45.8%
    growth), and with respect to Switzerland - 53 mln 898.2 thousand USD
    (76.8% growth) and 67 mln 631.3 thousand USD (3% decline).
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