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Armenia's Trade With EU In Jan.-Feb. 2010 Grows By 35.% To $211.5 Mi

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  • Armenia's Trade With EU In Jan.-Feb. 2010 Grows By 35.% To $211.5 Mi

    ARMENIA'S TRADE WITH EU IN JAN.-FEB. 2010 GROWS BY 35.% TO $211.5 MILLION

    ARKA
    Apr 1, 2010

    YEREVAN, April 1, /arka/. armenia's trade with eu in january-february
    2010 grew by 35% year-on-year to $211.5 million, the National
    Statistical Service reported. EU member countries accounted for 33.8%
    of Armenia's foreign trade in the period under question, it said.

    According to official figures, Armenian exports to EU grew by 75.1%
    year-on-year to $68.7 million (about 56.6% of all exports in the
    reporting time), while imports from EU countries grew by 23.7% to
    $119.9 million (23.8% of all imports). In terms of country of origin
    the import of goods from EU rose by 22.5% to $142.8 million.

    Armenia's largest trade partner in EU was Germany that accounted for
    7.4% of the overall trade (some $46.2 million), it was followed by
    Bulgaria - $40.5 million (6.5%), France- $15.7 million ( 2.5%), Belgium
    -$15.5 million or 2.5% and the Netherlands - $ 13.9 million or 2.2%.

    Armenia's aggregate foreign trade in January-February 2010 grew
    by 22.5% year-on-year to $625.2 million with exports making $121.4
    million and imports - $503.8 million ($1 - 398.29 Drams).

    From: Emil Lazarian | Ararat NewsPress
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