17.9% Increase Recorded in Armenia’s Foreign Trade Turnover w/Russia

ARKA News Agency, Armenia
Feb 2 2007

17.9% INCREASE RECORDED IN ARMENIA’S FOREIGN TRADE TURNOVER WITH
RUSSIA IN 2006

YEREVAN, February 1. /ARKA/. Armenia’s foreign trade turnover with
Russia increased by 17.9% in 2006 up to $426.5mln, Armenia’s National
Statistical Service reported.
Armenian exports to Russia totaled $121.7mln (12.1% of all Armenian
exports), which is a 2.3% increase against 2005.
Imports of goods produced in Russia made $304.9mln in Armenia in the
period – a 25.6% increase, with the all Russian imports being
$365.3mln (a 36.1% increase) – 16.6% of the total imports.
In whole, Russia has the largest share in Armenia’s foreign trade
turnover – 13.3%. Share of all CIS countries is 28.5% of Armenia’s
foreign trade turnover.
Armenia’s foreign trade turnover increased by 15.2% up to AMD
1,314.4bln or $3,198.3mln in 2006 compared with 2005. Exports totaled
AMD412.2bln ($1,004mln) and imports AMD902.2bln ($2,194.2mln). N.V.
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