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  • Sensational Statistics

    SENSATIONAL STATISTICS

    Lragir.am
    Business - 02 March 2015, 20:49

    In January trade with the EU increased considerably. Instead, trade
    with member states of the Eurasian Union and the CIS decreased.

    Earlier the National Statistics Service had informed that in January
    foreign trade decreased by 30.4%. The minister of economy Karen
    Chshmarityan told Lragir.am that figures of trade with the EEU were not
    included in January reports because there is no relevant statistics.

    The NSS has published a detailed report on foreign trade which states
    that foreign trade figures are not final due to incomplete collection
    of figures of trade between EEU member states but it turns out that
    mainly the rates of exports to EEU were missing in the report.

    Note that at this stage the Armenian companies alarm that they
    cannot export products to the EEU countries, namely Russia due to
    the situation on the Russian market.

    According to the NSS report, compared with January 2014, trade with
    CIS decreased by 29.6%, including 31% with Russia in January.

    Interestingly, trade with Belarus increased by 67.7% in January.

    Imports from Russia fell by 23.7%, imports from Belarus increased
    2.3 times, imports from Belarus decreased by 99.3%.

    Exports to Belarus and Kazakhstan are not reflected. Exports to Russia
    totaled 168.9 thousand dollars, which is low by 99.9%.

    Trade with Turkmenistan increased considerably. Imports from
    Turkmenistan increased by 72.1%, exports to this country increased
    by 81.2%.

    Trade with EU member states decreased by 39.2% but trade with some
    countries grew steeply.

    In January trade with France doubled, trade with Hungary increased
    by 58.7%, trade with Spain increased four times.

    Statistics reveals that Armenian exporters prefer other countries to
    the EEU. In January exports to France increased by 44.6%, Japan 52.6%,
    Iraq 12.6%, Georgia 3.4 times.

    Note that Armenia has been a member state of the Eurasian Economic
    Union since January 2.

    http://www.lragir.am/index/eng/0/economy/view/33712#sthash.5CiUOxVO.dpuf

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