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Armenia's foreign trade in 1H06 up 12.6% y-o-y

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  • Armenia's foreign trade in 1H06 up 12.6% y-o-y

    ARMENIA'S FOREIGN TRADE IN 1H06 UP 12.6% Y-O-Y

    RIA Novosti, Russia
    Aug 2 2006

    YEREVAN, August 2 (RIA Novosti) - Armenia's foreign trade grew 12.6%
    year-on-year in the first six months of 2006, to reach $1.39 billion,
    a national statistics service said Wednesday.

    Armenia's exports totaled $437.7 million, while imports reached $951.2
    mln, resulting in a trade deficit of $513.5 mln.

    Germany, the Netherlands, Belgium and Russia are among the major
    buyers of Armenian exports, while most imports come from Russia
    ($156.5 mln), Belgium ($79.3), the United States ($63.25 mln), Iran
    ($54.87 mln) and Ukraine ($54.34 mln).

    From: Emil Lazarian | Ararat NewsPress
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