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Armenian Exports In 2011 August Surge By 30.6% Year-On-Year To $117.

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  • Armenian Exports In 2011 August Surge By 30.6% Year-On-Year To $117.

    ARMENIAN EXPORTS IN 2011 AUGUST SURGE BY 30.6% YEAR-ON-YEAR TO $117.3 MILLION

    ARKA
    Sep 20, 2011

    YEREVAN, September 20. / ARKA /. Armenian exports in 2011 August
    surged by 30.6% year-on-year to $117.3 million (43.1 billion drams),
    while imports rose by 23.5% to $395.8 million (145.2 billion drams),
    according to numbers released today by the country's National
    Statistical Service. Compared to 2011 July the exports in August rose
    by 10.4% while imports jumped by 31.2%.

    Armenia's foreign trade in 2011 August saw a 25.1% rise from a year
    earlier to $513.1 million or 188.3 billion drams. In August foreign
    trade rose by 10.4% from July. The negative trade balance in August
    was $278.5 million or 102.1 billion drams. The average exchange rate
    of one US Dollar in August was 367.07 drams.

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