Armenia’s foreign trade soars in Q1

RosBusinessConsulting, Russia
April 28 2007

RBC, 28.04.2007, Yerevan 16:51:09.Armenia’s foreign trade surged 44.4
percent to $876.4m in January-March 2007, the republic’s National
Statistics Service reported today. Exports stood at $231.2m (up 25.1
percent) and imports amounted to $645.2m (up 52.9 percent), Armenia’s
news agency ARKA reported. The trade deficit reached $413.9m ($396.7m
if reduced by humanitarian aid – related shipments).

In the first quarter of 2006, Armenia’s foreign trade stood at $606.8m.