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NKR's Foreign Trade Up In 2007

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  • NKR's Foreign Trade Up In 2007

    KARABAKH'S FOREIGN TRADE UP IN 2007

    Mediamax
    April 10 2008
    Armenia

    Yerevan, 10 April: Foreign trade of the [unrecognized] republic
    of Nagornyy Karabakh [NKR] amounted to 277,393,000dollars in 2007,
    having exceeded the 2006 indicator by 75 per cent.

    Export totalled 72,549,000 dollars (up by 60 per cent), and import
    204,843,000 dollars (up by 81 per cent), theNKR's national statistics
    service told Mediamax news agency.

    Trade deficit grew by 95 per cent compared to 2006 and amounted to
    132,293,000 dollars.

    In 2005 the NKR's foreign trade with CIS countries amounted to
    260,894,000 dollars, or 94.1 per cent of itstrade turnover. A total
    of 257,735,000 dollars, or 92.9 per cent, of this amount falls to
    the share of Armenia.
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