EXPORTS FROM ARMENIA GROW BY 4.4%, IMPORTS BY 37.2% IN JANUARY-APRIL 2008 ON SAME PERIOD OF 2007
NO YAN TAPAN
June 11, 2008
The foreign trade of Armenia made 472.3 bln drams or 1 bln 531.4
mln USD in current prices in January-April 2008, including exports
of 104 bln drams or 337.2 mln USD and imports of 368.3 bln drams
or 1 bln 194.2 mln USD. The foreign trade balance was negative by
264.3 bln drams (857 mln USD), the balance without goods received as
himanitarian aid was negative by 258.7 bln drams (838.9 mln USD).
According to the RA National Statistical Service, exports grew by 4.4%,
imports – by 37.2% in January-April 2008 on the same period of 2007.
Exports from Armenia to CIS countries amounted to 101 mln 501.6
thousand USD in January-April 2008, declining by 0.9% on the same
months of last year, while imports made 349 mln 716.1 thousand USD,
growing by 35.3%. Exports to Russia made 64 mln 524.7 thousand
USD (0.4% decline), imports – 212 mln 121 thousand USD (22.1%
growth). Exports to Georgia made 21 mln 501 thousand USD (0.7% growth),
imports – 46 mln 915.3 thousand USD (37.6% growth); exports to Ukraine
– 7 mln 684.9 thousand USD (17.6% decline), imports – 77 mln 188.8
thousand USD (82.5% growth).
Exports to EU countries made 194 mln 438.9 thousand USD in
January-April 2008, growing by 28.1% on the same period of 2007,
imports made 348 mln 36.2 thousand USD, growing by 32.5%. Exports to
Belgium made 29 mln 161.5 thousand USD (4.7% growth), imports – 42
mln 384.8 thousand USD (16.4% decline); exports to Bulgaria – 14 mln
669.2 thousand USD (2.4fold growth), imports – 6 mln 704.8 thousand
USD (26.7% growth); exports to Germany – 64 mln 669.8 thousand USD
(30.6% growth), imports – 49 mln 520.8 thousand USD (20.4% growth);
exports to France – 3 mln 331.9 thousand USD (20.4% growth), imports –
32 mln 109.8 thousand USD (88.1% growth); exports to Greece – 118.7
thousand USD (65.1% decline), imports – 6 mln 729.7 thousand USD
(70.1% decline).
Exports from Armenia to Italy in the indicated period made 12 mln 48.5
thousand USD (3% growth), imports – 38 mln 24.7 thousand USD (23.2%
growth); exports to the Netherlands – 46 mln 796.8 thousand USD (30.2%
growth), imports – 15 mln 990.9 thousand USD (82.4% growth), exports
to the UK – 6 mln 921.5 thousand USD (8.7fold growth), imports –
37 mln 451 thousand USD (19.3% growth); exports to Spain – 10 mln
356.8 thousand USD (78.4% growth), imports – 7 mln 385.2 thousand
USD (2.2fold growth); exports to Poland – 2 mln 89.7 thousand USD
(8.3% growth), imports – 5 mln 420.4 thousand USD (2.9fold growth);
exports to Slovak Republic – 118.3 thousand USD (18.9fold growth),
imports – 2 mln 759.1 thousand USD (2.5fold growth).
Exports to other countries, except for CIS and EU countries, amounted
to 41 mln 235.4 thousand USD (40.1% decline), imports – 496 mln
422.5 thousand USD (42.1% growth) in January-April 2008, including
exports to Israel – 1 mln 660.7 thousand (85.5% decline), imports –
3 mln 44.2 thousand USD (82.5% decline); exports to the U.S. – 10 mln
723.6 thousand USD (26% decline), imports – 68 mln 562.7 thousand
USD (13.1% growth); exports to the UAE – 5 mln 379.1 thousand USD
(2.2fold growth), imports – 119 mln 672 thousand USD (42.5% growth);
exports to Iran – 7 mln 924.7 thousand USD (32.9% growth), imports –
49 mln 576.3 thousand USD (29% growth); exports to Turkey – 629.2
thousand USD (54.6% decline), imports – 40 mln 25 thousand USD
(60.4% growth); exports to Switzerland – 6 mln 255.5 thousand USD
(65.9% decline), imports – 27 mln 395.8 thousand USD (40.3% growth);
exports to China- 395.1 thousand USD (2.8fold growth), imports – 32
mln 671.4 thousand USD (55.3%); exports to Panama – 50.4 thousand USD
(no goods were exported from Armenia to Panama in January-April 2008),
imports – 34 mln 283.2 thousand USD (34.1% growth); exports to India –
708.3 thousand USD (17.3% growth), imports – 4 mln 188 thousand USD
(39.9% growth); exports to Canada – 2 mln 475.7 thousand USD (35.4%
decline), imports – 8 mln 662.8 thousand USD (2.3fold growth).