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Exports From Armenia Grow By 22.8%, Imports - By 45.7% In January-Se

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  • Exports From Armenia Grow By 22.8%, Imports - By 45.7% In January-Se

    EXPORTS FROM ARMENIA GROW BY 22.8%, IMPORTS - BY 45.7% IN JANUARY-SEPTEMBER 2007 ON SAME PERIOD OF LAST YEAR

    Noyan Tapan
    Nov 5, 2007

    YEREVAN, NOVEMBER 5, NOYAN TAPAN. In January-September 2007, Armenia's
    foreign trade made 1 trillion 59.5 billion drams or 3 bln 30 mln
    USD in current prices, including exports of 291.9 bln drams or 835.4
    mln USD and imports of 767.6 bln drams or 2 bln 194.6 mln USD. The
    foreign trade balance was negative by 475.8 bln drams (1 bln 359.3
    mln USD), the balance without cargos received as humanitarian aid -
    by 455.7 bln drams (1 bln 302.3 mln USD).

    According to the RA National Statistical Service, in January-September
    2007, exports grew by 22.8%, imports - by 45.7% on the same period
    of last year.

    In the first nine months of 2007, exports from Armenia to CIS
    countries amounted to 250 mln 253.1 thousand USD, growing by 78.4%
    on the same period of 2006, while imports made 619 mln 532.7 thousand
    USD, growing by 58.1%.

    Exports to Russia made 138 mln 900.1 thousand USD, growing by 77.9%,
    imports - 390 mln 103 thousand USD, growing by 58.5%. Exports to
    Georgia made 63 mln 72.8 thousand USD (58.5% growth), imports - 86
    mln 337.1 thousand USD (71.2% growth); exports to Ukraine - 35 mln
    153.3 thousand USD (158% growth), imports - 121 mln 833.7 thousand USD
    (56.6% growth).

    Exports to EU countries amounted to 409 mln 79.2 thousand USD in
    January-Septemer 2007, growing by 20.1% on the same months of last
    year, imports - to 675 mln 188.7 thousand USD, growing by 40%. Exports
    to Belgium made 70 mln 5 thousand USD (8% decline), imports - 121 mln
    59 thousand USD (5.3% growth); exports to Bulgaria - 24 mln 330.5
    thousand USD (181.2% growth), imports - 20 mln 313.4 thousand USD
    (60.2% growth); exports to Germany - 126 mln 8.6 thousand USD (12.3%
    growth), imports - 77 mln 61.4 thousand USD (25.7% growth). Exports
    to France made 6 mln 404.2 thousand USD (133.7% growth), imports -
    48 mln 371.9 thousand USD (83.1% growth); exports to Greece - 2 mln
    349 thousand USD (284.7% growth), imports - 53 mln 265.6 thousand USD
    (5.8% growth). In the indicated period, exports from Armenia to Italy
    made 23 mln 687.3 thousand USD (10.6% growth), imports - 64 mln 547.8
    thousand USD (9.8% growth); exports to the Netherlands made 114 mln
    832.3 thousand USD (26.3% growth), imports - 25 mln 406.7 thousand USD
    (54.6% growth); exports to the UK - 1 mln 613.4 thousand USD (62.9%
    fall), imports - 92 mln 282.7 thousand USD (62% growth), exports to
    Spain - 15 mln 191.2 thousand USD (22.4% growth), imports - 8 mln
    697.2 thousand USD (71.9% growth).

    Exports to other countries (except CIS and EU countries) made 176
    mln 31.6 thousand USD (11.8% fall), imports - 899 mln 698.9 thousand
    USD (42.4% growth) in January-September 2007, including exports to
    Israel - 16 mln 915.3 thousand USD (72% fall), imports - 29 mln 98.8
    thousand USD (58.4% fall); exports to the US - 35 mln 144.8 thousand
    USD (17.9% fall), imports - 148 mln 579.4 thousand USD (52,1% growth);
    exports to the UAE - 4 mln 947.4 thousand USD (34.1% growth), imports -
    195 mln 313.6 thousand USD (123.3% growth); exports to Iran - 27 mln
    954.4 thousand USD (22.5% growth), imports - 93 mln 957.9 thousand
    USD (5.7% growth); exports to Turkey - 2 mln 210.4 thousand USD
    (34.6% growth), imports - 78 mln 836.7 thousand USD (38.4% growth):
    exports to Switzerland - 45 mln 331.5 thousand USD (5.1% growth),
    imports - 54 mln 905.7 thousand USD (10.7% fall); exports to China
    - 2 mln 197.4 thousand USD (384.6% growth), imports - 51 mln 500.2
    thousand USD (49.3% growth). No goods were exported from Armenia to
    Panama in January-September 2007, imports from this country made 66
    mln 238 thousand USD (18.9% growth).
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