Unfavorable balance of trade for January 2010 in Armenia totals $188.6
million or 49.1% of GDP
2010-02-20 17:09:00
ArmInfo. Unfavorable balance of trade in Armenia for Jan 2010 totaled
$188.6 million or 49.1% of GDP. The National Statistical Service of
Armenia says the foreign turnover of Armenia for January 2010 grew
14.8% and fell 31.7% versus December 2009 totaling $296.4 million (114
bln AMD).
In the structure of foreign turnover, export grew 57.5% per year and
fell 26.9% as compared to Dec 2009 amounting to $53.9 mln or 20.3 bln
AMD. Import was up 8.3% for Jan and fell 32/7% versus Dec 2009 to
$242.5 mln (93.7 bln AMD). The average exchange rate of the Armenian
dram and the US dollar for Jan 2010 was 377.53 AMD/1USD.