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Armenian-Georgian Trade Turnover Grows 3.8% In Jan/Oct 2008 To $106.

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  • Armenian-Georgian Trade Turnover Grows 3.8% In Jan/Oct 2008 To $106.

    ARMENIAN-GEORGIAN TRADE TURNOVER GROWS 3.8% IN JAN/OCT 2008 TO $106.9 MILLION

    ARKA
    Dec 1, 2008

    YEREVAN, December 1. /ARKA/. Armenia's trade turnover with Georgia
    grew 3.8% in Jan/Oct 2008 to $106.9 million, National Statistical
    Service of Armenia reports.

    Exports from Armenia to Georgia totaled $70.9 million (7.5% of
    Armenia's total export) after having reduced 2.2%, compared with the
    same period of the previous year.

    Georgia imports in Armenia grew 18% to $36.1 million. As a whole,
    imports from Georgia totaled $141.2 million (42.8% growth) or 3.9%
    of total import.

    According to the statistical report, trade turnover with Georgia made
    2.4% of Armenia's foreign turnover and that with Ukraine made 6.2%
    of total turnover.

    Armenia's trade turnover with CIS member countries made 29.9% of its
    foreign turnover (33.1% at the same period of 2007) or $1,350.2 million
    (18.6% growth).

    Armenia's foreign turnover grew 31.5% in Jan/Oct 2008, compared with
    the same period of the previous year, and reached $4,520.1 million.

    Exports totaled $941.2 million and imports $3,579.2 million.
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