ARMENIAN-RUSSIAN TRADE TURNOVER GROWS 19.5 PERCENT IN JAN/AUG 2008

ARKA
Oct 1, 2008

YEREVAN, October 1. /ARKA/. Armenian-Russian trade turnover grew
19.5 percent in Jan/Aug 2008 to $482.4 million, National Statistical
Service of Armenia reports.

Export from Armenia to Russia reached $136.4 million (19% of Armenia’s
total export) by late August after growing 9% over the period between
January and August 2008, compared with the same period a year earlier.

Russian goods worth $346 million were imported in Armenia in Jan/Aug
2008 (24.2% growth).

Import from Russia totals $397.8 million (15.9%) or 15.2 of total
import.

Russia’s share in Armenia’s foreign trade turnover was 14.6% in
Jan/Aug 2008. It means Russia retained its supremacy over other
importers in Armenia.

Share of Commonwealth of Independent States in Armenia’s foreign
trade turnover was 30.6% in Jan-Aug 2008 (32.6% at the same period
a year earlier).

Armenia’s foreign trade turnover S3308.9 million after growing 24.5%,
compared with the same period of the previous year. Export totaled
$696.8 million and import $2612.1 million.