4.5% OF ARMENIA’S TRADE TURNOVER FALLS TO TURKEY

news.am
Feb 9 2010
Armenia

Last year Armenia’s foreign trade turnover reduced by 27% as compared
with the same period in 2008, making $4.2bn.

According to the RA National Statistical Service, foreign trade
turnover with CIS countries fell by 21.7% totaling $1.183,6bn,
whereas sales volume with EU states reduced by 37.3% reaching $1.211bn.

As of year 2009 end, overall 29.6% of commercial exchange falls to CIS
countries (of which 22.5%-Russia), 30.3%-to EU states, 7.6%-China,
6.5%-U.S. and 4.5%-Turkey. Armenia’s leading exporters are Germany,
Russia and U.S., Business 24 news daily informs.

All in all Armenia sold Germany goods to the amount of $114.933m
or 16.5% of the country’s exported goods turnover. At that, to
Russia-15.4% of commodity circulation, U.S.-9.6%, Bulgaria-8.6%,
Georgia-7.6%, Netherlands-7.5% and Belgium-6.7%.