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Amount Of NKR Foreign Trade Turnover Increased By 75%

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  • Amount Of NKR Foreign Trade Turnover Increased By 75%

    AMOUNT OF NKR FOREIGN TRADE TURNOVER INCREASED BY 75%

    DeFacto Agency
    April 10 2008
    Armenia

    YEREVAN, 10.04.08. DE FACTO. In 2007 the amount of the Nagorno-Karabakh
    Republic foreign trade turnover made $ 277 million 392, 9 thousand,
    which exceeds the level of 2006 by 75 %.

    According to the information DE FACTO received at the NKR National
    Statistic Service today, export had made $ 72 million 549, 6 thousand
    (growth is 60 %), import - $ 204 million 843, 3 thousand (growth is
    81 %).

    Deficit of trade balance increased by 95 % as compared with 2006 and
    made $ 132 million 293, 8 thousand.

    In 2007 the amount of the NKR foreign trade turnover with the CIS
    countries made $ 260 million 894, 8 thousand, or 94, 1 % of total
    turnover. To note, $ 257 million 735 thousand (92, 9 % of the sum)
    fall to the share of the RA.

    In the total amount of export 47, 3 % make raw materials, 28, 8 % -
    gems and semi-precious stones, precious metals and articles made of
    them, and 10, 2 % - foodstuffs.

    In import's structure 23, 8 % make raw materials, 17, 6 % - foodstuffs,
    10, 8 % - production of vegetable origin, and 9, 6 % - cars, equipment
    and mechanisms.
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