ARMENIA’S TRADE WITH TURKEY RISES 23 PERCENT
ARMENPRESS
Aug 31, 2007
YEREVAN, AUGUST 31, ARMENPRESS: Armenia’s foreign trade in January-July
of 2008 rose to $2.263 billion.
Exports rose 21 percent from a year ago to $631 million, while imports
rose 44.5 percent to $1.632 billion.
The National Statistical Service said the trade deficit rose beyond
$1 billion.
It said also 32 percent of trade fell on former Soviet republics. The
biggest share of 15 percent or $331 million, was with Russia. Ukraine
was the second biggest trade partner among former Soviet republics
with $144 million.
The trade with CIS countries rose 55 percent.
Trade with EU members rose 34 percent to almost 39 percent of all
foreign trade. The biggest trade partner was Germany-$210 million or
10 percent, Belgium was second with $127 million or 6 percent.
Armenia’s trade with Turkey with which it has no diplomatic relations,
rose 23 percent to $58 million.
Share of trade with Turkey made 2.6 percent, it was 5 percent with
the USA and 4 percent with China.