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Armenia's Trade with Russia in 2004 Down 11 Percent

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  • Armenia's Trade with Russia in 2004 Down 11 Percent

    ARMENIA'S TRADE WITH RUSSIA IN 2004 DOWN 11 PERCENT

    YEREVAN, FEBRUARY 1, ARMENPRESS: Armenia's trade with its biggest
    trade partner, Russia, was down 10.6 percent in 2004 against the
    previous year standing at $266 million, a $31 million downfall from
    almost $298 million in 2003.

    According to Armenian national statistical service, Armenian
    exports to Russia went down last year 17.3 percent, making only $78
    million. Last year Armenia imported from Russia $188 million worth
    goods, a 7.9 percent decrease over the previous year.

    Share of Armenia's trade with Russia, in the overall trade volume
    was 12.9 percent.
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