Armenia boosts foreign trade

RosBusinessConsulting, Russia
Jan 19 2007

Armenia boosts foreign trade

RBC, 19.01.2007, Yerevan 15:29:24.According to preliminary
data, Armenia’s foreign trade grew 15.2 percent to over $3.198bn in
2006 compared to the year before, the republic’s National Statistics
Service reported today. Exports rose 3.1 percent to $1.004bn and
imports advanced 21.8 percent to $2.194bn. At the same time,
according to the statistics agency, in December Armenia’s exports
were up 29.8 percent and imports grew 6 percent on November, the
republic’s news agency ARKA reported.

Armenia’s foreign trade without taking into consideration
precious stones stood at about $2.73bn in 2006 (up 21.7 percent,
year-on-year), and the trade deficit amounted to nearly $1.213bn.