Foreign Trade In Quarter One Rises To $876 Million

FOREIGN TRADE IN QUARTER ONE RISES TO $876 MILLION

ARMENPRESS
May 07 2007

YEREVAN, MAY 7, ARMENPRESS: Armenia’s foreign trade in the first
quarter of the year amounted to $876 million in real prices, the
country’s national statistical service reported. It said exports
amounted to $231.2 million, 25 percent up from a year ago and imports
to $645.2 million, marking a 53 percent growth.

The negative trade balance was $413.9 million and without the
humanitarian assistance it was $396.7 million.

The statistical service said the import and export of precious and
semi-precious stones and metals decreased to 93 and 95.8 percent
respectively from a year ago.

The import of overland, air and water vehicles doubled to $74.1
million, while imports of machinery and equipment rose 40 percent to
$81 million.

The export of plastic goods and synthetic rubber rose 46 percent to
$6 million.