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Armenia's Foreign Trade In Jan.-Feb. 2010 Grows By 22.5% To $625.2 M

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  • Armenia's Foreign Trade In Jan.-Feb. 2010 Grows By 22.5% To $625.2 M

    ARMENIA'S FOREIGN TRADE IN JAN.-FEB. 2010 GROWS BY 22.5% TO $625.2 MILLION

    ARKA
    Apr 1, 2010

    YEREVAN, April 1, /ARKA/. Armenia's foreign trade in Jan.-Feb. 2010
    grew by 22.5% year-on-year to some 235.5 billion Drams in current
    prices or $625.2 million, the National Statistical Service reported.

    It said exports rose by 53.5% or 46 billion Drams ($121.4 million),
    while imports grew by 16.8% to 189,7 billion Drams ($503.8 million).

    The negative trade balance totaled 143.7 billion Drams ($382.4
    million).

    According to the official figures, export of non-precious metals and
    items rose by 53% year-on-year to

    $46.3 million, export of mining industry goods rose by 4.3 times to
    $33.2 million, export of precious and semi-precious stones, metals
    and items fell by 9.2% to $15 million and export of finished foods
    grew by 25% to $14.7 million.

    Import of machines, equipment and devices grew by 87.4% year-on-year
    to $100.1 million, import of mining equipment grew by 27.4% to $97.4
    million, import of overland, aerial and water vehicles rose by 11.5%
    to $57.2 million, import of finished foods fell by 0.3% to $42.3
    million and import of non-precious metals and items fell by 14.4%
    to $31.3 million. In 2009 Jan.-Feb. Armenia's foreign trade totaled
    $510.2 million.
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