Armenia Export up by 16.1% in January-April 2017

The volumes of exports from Armenia from January-April 2017 comprised 608 million 381.2 thousand USD.

As “Armenpress” was informed from the National Statistical Service, the volumes increased by 16.1% compared to the same period of 2016.

Imports to Armenia for the period of January-April have also increased, with volumes rising by 17.9% – comprising 1billion 80  million and 692.2 thousand USD.

Trade turnover amounted to 1 billion 689 million and 10.4 thousand USD in January-April 2017 – a 15.1% increase.

In terms of foreign trade turnover, Russia remains the leading partner of Armenia. Trade turnover worth 474 million 721.4 thousand USD was realized between Armenia and Russia in January-April 2017 – increasing by 17.2%. The second largest trade partner for Armenia is China – with 152 million 242.3 thousand USD worth trade being realized – increasing by 28.3% against the same period of 2016.

The other large-volume trading partners for Armenia are:

Switzerland – 109 million and 836.5 USD against 27 million and 840.3 thousand of 2016 – 3fold increase

Germany – 88 million 398.5 thousand USD – decline of 11.1%

Bulgaria – 86 million and 767.7 thousand USD –  34.1% increase

Georgia – 68 million and 831.3 thousand USD – decline by 9.5%

Iran – 64 million and 831.3 thousand USD – decline by 14.5%

Switzerland – increase of over 27.8 % – comprising 15 million 55.7 thousand USD

The volumes of trade turnover between Armenia and the UAE also significantly increased amounting to 14 million 868.6 thousand USD – an increase of 2.5fold.