ARMENIA'S FOREIGN TRADE GROWS 14% TO $887.2 MLN IN JAN-FEB 2013

YEREVAN, April 2. /ARKA/. Foreign trade turnover in Armenia ascended
by 14% to $887.2 million in January-February 2013, from the analogical
period a year earlier, according to the National Statistical Service
of Armenia.

Export within the reported period stood at $241.3 million, a 30.4%
increase from a year earlier. Import climbed by 8.9% to $645.9 million.

As a result, the deficit stood at $404.6 million in January-February
2013.

According to preliminary statistical reports, adverse balance of
Armenia's foreign trade turnover in FOB prices (a shipping term which
indicates that the supplier pays the shipping costs, and usually also
the insurance costs, from the point of manufacture to a specified
destination, at which point the buyer takes responsibility) amounted
to $305.1 million in January-February 2013.

Most of exports accounted for the following spheres: mining industry-
$72.6 million (39.9% up from Jan-Feb 2012), base metals and items made
of them-$55.3 million (15.9% up), food products -$43.2 million (52.6%
increase), precious and semiprecious stones- nearly $27.5 million
(15.3% increase), ground, air and water transportation facilities-$15.9
million (45.6 times up), etc.

At the same time, most of imports accounted for the following spheres:
mining industry-$177.5 million (8.4% increase), cars, equipment and
mechanisms- nearly $65.7 million (6.8% drop), food products-$59.7
million (64.2% up), air and water transportation facilities-$46.3
million (24.2% down), etc. ($1 - 418.58 drams). -0-


From: Baghdasarian