ARMENIA’S FOREIGN TRADE IN JAN.-FEB. 2010 GROWS BY 22.5% TO $625.2 MILLION

ARKA
Apr 1, 2010

YEREVAN, April 1, /ARKA/. Armenia’s foreign trade in Jan.-Feb. 2010
grew by 22.5% year-on-year to some 235.5 billion Drams in current
prices or $625.2 million, the National Statistical Service reported.

It said exports rose by 53.5% or 46 billion Drams ($121.4 million),
while imports grew by 16.8% to 189,7 billion Drams ($503.8 million).

The negative trade balance totaled 143.7 billion Drams ($382.4
million).

According to the official figures, export of non-precious metals and
items rose by 53% year-on-year to

$46.3 million, export of mining industry goods rose by 4.3 times to
$33.2 million, export of precious and semi-precious stones, metals
and items fell by 9.2% to $15 million and export of finished foods
grew by 25% to $14.7 million.

Import of machines, equipment and devices grew by 87.4% year-on-year
to $100.1 million, import of mining equipment grew by 27.4% to $97.4
million, import of overland, aerial and water vehicles rose by 11.5%
to $57.2 million, import of finished foods fell by 0.3% to $42.3
million and import of non-precious metals and items fell by 14.4%
to $31.3 million. In 2009 Jan.-Feb. Armenia’s foreign trade totaled
$510.2 million.