ARMENIA’S EXPORTS GROW BY 0.3% AND IMPORTS BY 20.9% IN JANUARY-NOVEMBER 2006 ON SAME MONTHS OF PREVIOUS YEAR

Noyan Tapan
Jan 17 2007

YEREVAN, JANUARY 17, NOYAN TAPAN. By the data of the State Customs
Committee adjunct to the Armenian government, Armenia’s foreign trade
made 1 trillion 186 billion 576.3 million drams (2 bln 847.9 mln USD)
in January-November 2006 (at current prices).

According to the RA National Statistical Service, exports of goods
amounted to 372 bln 433.7 mln drams (about 895 mln USD), growing by
0.3%, while imports – 814 bln 142.6 mln drams (1 bln 952.9 mln USD),
grwoing by 20.9%. The foreign trade balance was negative by 441 bln
708.9 mln drams (about 1 bln 58 mln USD), that without goods received
as humanitarian aid – by 423 bln 290.6 mln drams (811.9 mln USD).

In the indicated period, exports from Armenia into CIS countries made
184 mln 407.8 thousand USD (9% growth), while imports – 510 mln 634.2
thousand USD (41.7% growth), including exports to Russia amounting to
a total of 105 mln 787 thousand USD (1.7% decline) and imports from
Russia of 319 mln 435 thousand USD (35.9% growth). Exports to Georgia
made 48 mln 577.3 thousand USD (15.9% growth), imports from Georgia –
66 mln 265.4 thousand USD (46.6% growth).

Exports to European Union countries made 425 mln 36.5 thousand USD
(2.3% growth), imports from these countries – 596 mln 164.3 thousand
USD (11.7% growth) in January-November 2006. Exports to Belgium
made 101 mln 82.4 thousand USD (14.2% decline), imports – 146 mln
326 thousand USD (1.5% decline). The same indices with respect to
Germany made 140 mln 866.8 thousand USD (0.1% decline) and 77 mln USD
(27.3% decline) respectively, Italy – 25 mln 489.4 thousand USD (8.3%
growth) and 70 mln 296.6 thousand USD (70.7% growth); the Netherlands
– 111 mln 208.6 USD (5.2% decline) and 19 mln 439.4 thousand USD (66%
growth) respectively.

In the first eleven months of 2006, exports from Armenia to other
countries made 285 mln 507.6 thousand USD (7% decline), imports – 846
mln 142.7 thousand USD (17.3% growth), including exports to Israel
– 96 mln 840.9 thousnad USD (4.3% decline), imports from Israel –
83 mln 649 thousand USD (13.3% decline); exports to the US – 58 mln
999.4 thousand USD (1.3% growth), imports from the US – 120 mln 747
thousand USD (17.3% growth). The same indices with respect to Iran made
27 mln 192.8 thousand USD (0.9% decline) and 117 mln 777.1 thousand USD
(22.5% growth) respectively; Turkey – 1 mln 793.1 thousand USD (12.8%
decline) and 76 mln 201.4 thousand USD (42.2% growth); Switzerland –
62 mln 968.1 thousand USD (90.4% growth) and 75 mln 427.5 thousand USD
(3.6% decline).

From: Emil Lazarian | Ararat NewsPress