Armenia’s export increased by 60.9% in 2010 first quarter

PanARMENIAN.Net - Armenia’s foreign trade turnover totaled $1 billion during the first quarter of 2010 that is 29% higher as compared with the same period of last year.

The RA National Statistical Service reported that 15.4% growth was recorded in the trade turnover in March as compared with February.

At the same time, export reached $198.5mln in January-March 2010 that is 60.9% higher as compared with the same period of last year, while import increased by 23.1%, making $814.2mln.

The negative balance of foreign trade totaled $615.7mln.

 Top stories
Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”.
Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision.
The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision.
Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.
Partner news
---