Armenia saw a significant decline in knitwear and hosiery production in the first quarter of 2018, the statistics show.

A total of 662,200 units of knitwear were manufactured in the country from January to March 2018, down by 33.7% from the same period last year, the National Statistical Service (NSS) informed Panorama.am.

The country manufactured some 4,375,600 units of knitwear in 2017, showing a 25.9 rise over 2016.

The production volumes of cotton fabrics also recorded a drop of 10% within the first three months of this year. The production volumes amounted to 0.9 ton in January-March 2018, against the 1 ton manufactured in the same period of 2017.

According to the NSS figures, hosiery output declined by 26.7% this year. Armenia produced 1,675,200 pairs of hosiery from January to March 2018, whereas some 2,284,700 pairs were produced in the same period last year.