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Interfax, Russia
Feb 7 2014
Armenia exports 18% more gold in 2013
YEREVAN. Feb 7
Armenia exported 2,727.4 kilograms of gold, including galvanized
finishes, last year, 18% more than in 2012, the country's Customs
Service said.
The customs value of the exported gold contracted to $73.6 million
last year from $77.5 million the year before. Specialists with the
country's Ministry of Economy say this was because world prices went
down.
Armenia exports Dore bars containing up to 92% gold. Pure (bank) gold
is not produced in the republic.
Customs Service data show that Armenia imported 3,773 kg of gold last
year (1,378 kg in 2012) for $168.66 million ($74 million). The
ministry said that it is mainly bank gold that Armenia imports, as
well as precious metal for the production of jewelry and jewelry
itself.
The Customs Service report says that in 2013 Armenia increased cut
diamond exports by 49% to 202,700 carats. The customs value of these
diamonds was up 11.4% at $88 million.
The republic imported raw diamonds weighing in at 116,442 carats for
$406 million last year (96,806 carats, around $268 million in 2012).
Armenia has no diamond deposits of its own and has to import uncut
diamonds for cutting and subsequent export, with preference given to
the countries from which it obtains them - Russia and Belgium.
Cf of
Feb 7 2014
Armenia exports 18% more gold in 2013
YEREVAN. Feb 7
Armenia exported 2,727.4 kilograms of gold, including galvanized
finishes, last year, 18% more than in 2012, the country's Customs
Service said.
The customs value of the exported gold contracted to $73.6 million
last year from $77.5 million the year before. Specialists with the
country's Ministry of Economy say this was because world prices went
down.
Armenia exports Dore bars containing up to 92% gold. Pure (bank) gold
is not produced in the republic.
Customs Service data show that Armenia imported 3,773 kg of gold last
year (1,378 kg in 2012) for $168.66 million ($74 million). The
ministry said that it is mainly bank gold that Armenia imports, as
well as precious metal for the production of jewelry and jewelry
itself.
The Customs Service report says that in 2013 Armenia increased cut
diamond exports by 49% to 202,700 carats. The customs value of these
diamonds was up 11.4% at $88 million.
The republic imported raw diamonds weighing in at 116,442 carats for
$406 million last year (96,806 carats, around $268 million in 2012).
Armenia has no diamond deposits of its own and has to import uncut
diamonds for cutting and subsequent export, with preference given to
the countries from which it obtains them - Russia and Belgium.
Cf of