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Armenian-Russian Trade Turnover Totals $ 102.7 Mln In Jan-Feb 2008

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  • Armenian-Russian Trade Turnover Totals $ 102.7 Mln In Jan-Feb 2008

    ARMENIAN-RUSSIAN TRADE TURNOVER TOTALS $ 102.7 MLN IN JAN-FEB 2008

    ARKA
    March 31, 2008

    YEREVAN, March 31. /ARKA/. Armenian-Russian trade turnover totaled
    $102.7mln in January-February 2008 - 19.7% increase.

    Armenian exports to Russia amounted to $27.1mln (18.9% of Armenia's
    total exports) in the reporting period - 0.4% decrease compared with
    January-February 2007.

    Russian imports to Armenia totaled $75.6mln in January-February 2008
    - 29.1% increase compared with the corresponding period. At the same
    time, Russia's imports totaled AMD 113.5mln (23.9% increase) or 20.9%
    of total imports.

    According to the RA National Statistical Service (NSS), Armenia's share
    in Russia's foreign trade turnover was 15% in January-February 2008.

    Thus, Russia remains number one trade partner for Armenia.

    The share of the CIS in Armenia's trade turnover was 34.3% in
    January-February 2008 (against 37.2% in the corresponding period in
    2007) or $233.5mln - 14.5% increase.

    Armenia's foreign trade turnover increased by 24.3% to $687mln in
    the reporting period. Exports and imports totaled AMD $143.6mln and
    $543.4mln respectively.
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